Sigrid Lockman
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If you are selling an e-book, a course, or a service, the "Decoy Effect" can be your best bet to instantly increase your average order value.
Here is how it works:
Imagine you offer two options:
Has anyone experimented with this on their landing pages? What kind of conversion lifts did you see?
Here is how it works:
Imagine you offer two options:
- Option A (Basic): $50
- Option B (Premium): $100
- Most people will choose the $50 option because it feels safer.
- Option A (E-book only): $50
- Option B (Video Course only): $95
- Option C (E-book + Video Course): $100
Has anyone experimented with this on their landing pages? What kind of conversion lifts did you see?