Customers will pay more today if there's payback later, shows equal billing study
Wednesday, May 6, 2015 - 20:30
in Psychology & Sociology
A study of the best ways to structure equal billing plans says that smart companies should set them up so that customers get money back at the end of the term. Not only do they think they prefer to pay a little more each month to make sure they get that refund later but after having experienced a refund they are more satisfied and more loyal.