/reward limiting. Limiting the maximum number of rewards can induce consumers to increase purchase quantities, assuming that high limits represent popularity/value.
For example, the plural form of "buy tickets" might algeria email list prompt people to buy multiple tickets. But you can set the anchor value higher. Clearly suggesting quantities can add value, such as “Buy three tickets – one for yourself, one for a client, and one for a friend!”
When a store offers a “limit 10 per customer” deal, people assume that’s the amount they should buy. Otherwise, why emphasize the ceiling? This means the deal is so good that stock will probably sell out unless you buy 10 now. Anchoring also works with discounts. A 10 cent discount on a can of soup seems lame. But the “limit 10 per customer” will have people snapping up 10 to maximize their savings.
. So, whenever possible, consider quantifying your offer in your messaging, linking tangible value to numbers. And impose a reasonable "cap" on the quantity purchased so that people can buy up to that limit. This leverages the anchoring effect from behavioral economics to increase conversion rates.
Anchoring effects also contribute to the success of strategies such as quantity
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