Tell People The Value, Even If You're Selling For Less
Ever wonder why Neil Patel has "Valued at $300" on his opt in form, even though he is giving it away for free (in exchange for your email)?
The reason, is because he wants to convey the value of what he is giving away.
This leads people to believe that they are getting a deal, and people like deals. It's the same reason why the left is more
preferred over the right:
Value is in the eyes of the beholder. Whatever Neil is valuing his course at is, for the most part, arbitrary, since he is giving it away for free.
At the end of the day, I would rather pay $40 for something I think is worth $48, then $39 for something I think is worth $39. Or in Neil's case, I would rather get something for free that I think is worth $300, than something for free, of which I cannot determine the value (but may assume something less than $300).
Improve Typography
There is a lot to be said in the words that we use and the way that we use them.Even details as seemingly minuscule as the size of our font can have impacts on the bottom line conversions. Marketing professors at Clark University and The University of Connecticut found that consumers perceive sale prices to be a better value when the price is written in a small font rather than a large, bold typeface. Additionally, one restaurant during lunch time, found that removing dollar signs from prices (24 instead of $24) increased sales. Even just adding zeros at the end of the price make a product appear more expensive. Why?
Because this lengthens the time that a customer spends reading the price and heightens the sensitivity that the customer has to spending actual money. Typography can be used to evoke certain moods from customers and therefore it is important to pay close attention that our typography matches our intended messaging.