Price farming technique in business customer psychology and product value

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Price farming technique in business customer psychology and product value
The “Loss Leader” Pricing Strategy Most People Overlook
Sometimes, selling at a loss isn’t bad business — it’s a calculated strategy.
Loss Leader Pricing is when companies sell certain products below cost to attract customers, who then purchase other, more profitable items.
In India, this strategy has been executed brilliantly:
Reliance Jio offered extremely cheap SIM cards and data plans to pull in millions of users, later monetizing through subscriptions, devices, and digital services.
Big Bazaar’s “Sabse Sasta Din” drew crowds with deep discounts on essentials, knowing customers would also buy higher-margin products.
Swiggy and Zomato offer free deliveries, but their real revenue comes from restaurant commissions and advertising.
The point is clear: it’s not about losing money — it’s about winning long-term loyalty and growing market share.
Next time you see an “unbelievable deal,” remember — the real game is happening behind the price tag.
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Pricing Psychology – All what You Need To Know
Pricing Psychology - The article delves into the concepts of charm pricing, anchoring, and decoy pricing, and analyze their impact on consum