Re:The Psychology of Pricing: A Gigantic List of Strategies
by scott_karana on Thursday May 07, 2015 @12:15PM
(#9506144)
Since I couldn't find any historical citations about the story:
http://writingabookwithwally.com/writing-a-book/checking-the...
Still interesting.
2. Check out the history of Chivas Regal. They were a low shelf blended scotch and at some point decided to simply double their price. No label change, nothing different. Their sales actually went up (and their profit was much higher per bottle obviously).