What is Likert scale questionnaire about price?

A Likert scale questionnaire about price is a type of survey that measures respondents' attitudes or opinions towards different aspects of pricing. It typically presents statements related to pricing, and respondents are asked to indicate their level of agreement or disagreement on a scale.

What are the types of Likert scale questionnaire about price?

There are several types of Likert scale questionnaires about price, including:

Cost-effectiveness Likert scale questionnaire
Price satisfaction Likert scale questionnaire
Price sensitivity Likert scale questionnaire

How to complete Likert scale questionnaire about price

To complete a Likert scale questionnaire about price, follow these steps:

01
Read each statement carefully
02
Select your level of agreement or disagreement
03
Be honest and consistent in your responses

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Video Tutorial How to Fill Out Likert scale questionnaire about price

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Questions & answers

So, “How pleased are you with your job?” could be a question from the Likert scale examples. The answer could be on a scale of 1 to 5, where 1 is strongly dissatisfied and 5 strongly satisfied with this question. This type of question collects useful data quickly.
At what price would you think the {product/service} is a good value? {text box} At what price would you think the item is slightly expensive, but you still might consider it? {text box} At what price would you begin to think the item is too expensive to consider purchasing? {text box}
This one is as straightforward as it sounds. After presenting your product/service concept, ask respondents how much they'd be willing to pay for the concept, and leave it open-ended so they can type in whatever answer they want. How much would you be willing to pay for [this product/service]?
An open-ended willingness to pay question uses a simple format. After showing the consumer your product or telling them about the concept, you ask, “What would you be willing to pay for this product?” This is followed by an open text box so the consumer can write down whatever price they would pay.
A Likert scale question provides respondents with five or seven possible answers that range between polar opposites — complete agreement to complete disagreement. Accurately measure a consumer's beliefs. Accurately assess the experiences your customers had with your brand, product, or service.
This pricing survey method determines the highest price a customer will pay for a product or service. Participants are asked if they would buy a product for a certain price. If they refuse, the algorithm offers them a lower price and asks if they are willing to pay it.