₦airaland Forum

Based on the present economic situation in Nigeria and the scarcity of funds, seller A might attract more customers because with the little fund available I can get to purchase basic needs while I'll have extra dough to purchase a commodity and get the extra I might not need.

Over to you, financial analyst/experts.

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Buy one get one free is the best

maureensylvia:
Seller A
Normal price N70,000
Promo price N35,000

Seller B
Price N70,000
Promo: Buy 1 get 1 free

Which of the two pricing options do you think customers will grab faster?

If you are selling to Nigerians go with seller B. Nigerians love the word free, once the word free is an advert it captures their attention.

B

Most of the replies above show that you guys aren't into management or business administration. When a business entity comes up with this sort of promo, often, it's not about you the customer. It's about the company's wellbeing.

Most companies, especially, supermarkets, would prefer Option B because Option B will help them to shift more goods. As in sell more goods than Option A

As regards Option A, most customers would prefer that as they most likely came in to buy 1 piece of the item on promo anyway. Most wouldn't need 2

Thus, Option B will be more impactful on the bottomline of the company in question

Seller B is good for the buyer and the seller .. because you sell more volume and the buyer is happy because she's thinking 140000 Naira valuation of her goods ..

ElliotP:
Promo price most people will see buy one get one free as a scam

They are both promo sales only one is slashed price while the other is. Buy one get one free which is not really free considering the other option.

Tricky but very clear

.

na d same jawena d same jawe...

The pricing is same. If your customers know mathematics , immediately they know you are are a cheat who is ripping them off.

Jewessgratitud3:
They are both promo sales only one is slashed price while the other is. Buy one get one free which is not really free considering the other option.

Tricky but very clear

Yeah they're obviously the same thing, but the question is which will sell faster and that's what I answered

As a licensed business developer, Seller A for sure! It's more flexible to your business and easier communicated to the costumers

Option A

Because not everyone will have 70k to buy 1 and get 1 for free.

A .....it's not a must I get two of the products


https://www.youtube.com/watch?v=nQnm3bPzN1E

maureensylvia:
Seller A
Normal price N70,000
Promo price N35,000

Seller B
Price N70,000
Promo: Buy 1 get 1 free

Which of the two pricing options do you think customers will grab faster?

Both works depending on the demography

Seller A is the best deal, because If a customer wants more than 2 lets say 3 he will spend only N105. Were as with Seller B, he needs N140 and above for quantities above 2.

Seller A is more flexible

Seller A : odd quantity/quantities of the product.

Either seller A or Seller B: even quantities of product

Proserpina:
The question says which option will the CUSTOMER grab?
The focus is on the "customer" here not the company's well-being . After getting accurate deductions on most the customers choice will most likely be then the company can look into what impact the customer's Choice will have on them.

The focus is customer for now.

The truth is it's what suits the company. They don't care about you. Supermarkets abroad, for example, often employ Option B

It's not about you even though they disguise it and make it look so

All of these answers in the thread are only personal opinions...

Until you actually test it in the market.

So for a quick test, run like $5/day Facebook Ads testing the two Ads for 1 week.

Whichever get more clicks/enquiries wins. Simple!.

maureensylvia:
Seller A
Normal price N70,000
Promo price N35,000

Seller B
Price N70,000
Promo: Buy 1 get 1 free

Which of the two pricing options do you think customers will grab faster?

/
@ N70k you have automatically priced out a lot of people.

@N35k, if e reach you buy, if e no reach you, jejely respect yourself and waka.

/

Option 1
Because most people are very poor now but with half of the price they can get a full bag.
But the best option to me is 2 because promo doesn't last forever.

The same just that if you have the money then go for option B but if you a low on budget get option A.
Both will sell depending on the area. For mid and upper class, option B. For low income area, option A.

maureensylvia:
Seller A
Normal price N70,000
Promo price N35,000

Seller B
Price N70,000
Promo: Buy 1 get 1 free

Which of the two pricing options do you think customers will grab faster?

seller A
Why: min wage is 30k

In the law of demand n supply, purchasing power is a determinant factor

.

It clearly depends on the purchasing power of the customers. Either price option does not in any way impact negatively on the customer.
A price sensitive customer will buy discounted price and a price immune customer will buy one get one free.

maureensylvia:
Seller A
Normal price N70,000
Promo price N35,000

Seller B
Price N70,000
Promo: Buy 1 get 1 free

Which of the two pricing options do you think customers will grab faster?

Goodlyhrt:
People saying that option A will sell more might be wrong because option B is mouth watery. Some people self will even go and borrow money to buy the option b

No be Nigerians again?

Option A will sell faster, if you are into business, you will understand better.

There are times company will tell you to buy certain quantity and get a discounted percentage or buy certain quantity and get some of those products free in return.

The first option is what people do go for because you will still have money to run other part of your business.
Buy one and get one free no too dey work for Nigeria like discounted price.

that's thru bro... Cus u might buy the seller 2 and too many fake in it..

WorkTheTalk:
In the current situation, Seller A should be the option.

maureensylvia:
Seller A
Normal price N70,000
Promo price N35,000

Seller B
Price N70,000
Promo: Buy 1 get 1 free

Which of the two pricing options do you think customers will grab faster?

A of course. Method B increased the minimum threshold which might make many buyer hard to meet.

B. We all love awoof!😎