Marketing
Marketing Press Release
Do Consumers Know Exactly How Much They Are Paying? New Research From Columbia Business School Shows The Impact Of Hidden Fees On The Shopping Experience
Researchers reviewed consumers’ purchasing trends when a product’s price is divided into a base price plus one or more mandatory surcharges
Consumer transactions are more likely to involve an additional surcharge now than they were two decades ago
Researchers, public policy makers and marketing managers need to understand the psychological processes underlying consumer spending to effectively utilize partitioned pricing