video1.0<iframe src="https://www.loom.com/embed/4da8013d3a22494db458ef0fca1059ea" frameborder="0" width="1440" height="1080" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>10801440Loomhttps://www.loom.com10801440https://cdn.loom.com/sessions/thumbnails/4da8013d3a22494db458ef0fca1059ea-836ebc091a9fa686.gif188.1592In this video, I wanted to discuss the concept of price anchoring and how we can apply it to our marketing strategy. I suggested showcasing a retail value of $1500 and then offering our product at $6.99 to create a perception of value. Additionally, I recommended considering a 3-pack or 5-pack option to encourage bulk purchases while emphasizing the higher price point to make our main offer seem more appealing. Once the early bird pricing is over, I think we should rearrange our pricing structure to highlight the value effectively. Please take these ideas into account as we refine our approach.