Lead With Learning: Why Purpose Can Save Educational Technology. Dr. Shawn Mahoney, Chief Academic Officer, McGraw-Hill Education, School Group provides her thoughts on the why behind the what matters in educational technology.
In auctions, the buyer's premium is a percentage additional charge on the hammer price (winning bid at auction) of the lot that must be paid by the winner. It is charged by the auctioneer to cover administrative expenses.
Premium pricing is the practice of keeping the price of a product or service artificially high in order to encourage favorable perceptions among buyers, based solely on the price.here are certain price points where people are willing to buy a product. If the price of a product is $100 and the company prices it as $99, then it is called psychological pricing. In most of the consumers mind $99 is psychologically âlessâ than $100. A minor distinction in pricing can make a big difference in sales.