The Pricing Conundrum

The Pricing Conundrum

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The Pricing Conundrum
What Is the Backward Research Method And Why Is It So Effective?
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What Is the Backward Research Method And Why Is It So Effective?

It forces up-front thinking about the use of research results & removes guess-work

Utpal Dholakia's avatar
Utpal Dholakia
Aug 18, 2022
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The Pricing Conundrum
The Pricing Conundrum
What Is the Backward Research Method And Why Is It So Effective?
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Applied psychologists and marketers in particular conduct research to choose one action over another. Through their research, market researchers want to answer questions such as: What price should we charge for the product? Which customer segments should we target? and Which advertisement will consumers find most appealing? Similarly, educational resear…

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