Service Overview
The Price Sensitivity Meter helps determine psychologically acceptable range of prices for a single product or service. It is a frequently used pricing research method proposed by the economist Peter van Westendorp in the 1970s. It is particularly useful when: You want to assess what price range the market considers to be fair for your product; Your product is the only such product on the market or the number of competitive offerings is very large; You need quick, directionally correct results.