Thursday, August 7, 2008

Bigger and More Expensive:

Robert Cialdini, Noah Goldstein and Steve Martin have written Yes! One of the strategies that they discuss is “Superior product increase sales of next tier product”.

A 22oz steak on the menu actually increases the sales of the 16oz steak. Having a bottle of Dom Perignon on your wine list increases the sales of Vive Cliquot.