01/09/2026
A discount doesn't just change the price.
It changes the comparison.
And that comparison can change what your brain thinks something is worth.
The new ThinkShift, The Down Down Deception, is now live.
Leanne and I unpack the Coles “Down Down” Federal Court judgment and what it reveals about anchoring, reference pricing and trust.
We get into:
- Why the brain rarely judges price in isolation
- How a “was” price becomes the anchor for everything that follows
- Why discount tickets reduce the effort required to make a decision
- How a saving can be presented in a way that still feels psychologically misleading
- Why the supermarket shelf is really a decision interface
- Why short-term conversion can come at the cost of long-term trust
The line I keep coming back to is this:
The brain never asks, “Is this cheap?”
It asks, “Compared to what?”
That question matters well beyond supermarkets.
Listen here: https://open.spotify.com/episode/7y4ASK3PWsm9uO1P8obHzY?si=e807f52d79704833