The encyclopedia
Pricing

The Bait Plate

The effect

"You came for one cheap thing and left with a full basket."

The method

Price one product at or below margin to drive traffic; the rest of the basket pays for it. Works because attention and footfall are the scarce resources.

Grey hat
5/10
Most common usage on the angel→devil scale
The ethics spectrum

Same hack. Three very different choices.

White hat

The loss-leader is a real, complete product, not a degraded teaser.

Grey hat

Loss-leader is technically the advertised item but limited stock or fine-print exclusions are heavy.

Black hat

Bait-and-switch: advertised item is 'sold out' on arrival to upsell into the full-margin alternative.

The template

A formula you can steal

Pick [CATEGORY-DEFINING ITEM] → price aggressively → engineer the natural [ATTACH SALE].
Spotted in the wild

Where you've already seen this

  • Costco's $1.50 hot dog — same price since 1985, intentionally.
  • IKEA's $0.50 cinnamon roll at the exit, after a $400 living-room trip.
  • Black Friday TV doorbusters with three units per store.
When to use it

When you have a real attach product or loyalty engine that recoups the loss-leader's discount through downstream basket size.

When NOT to use it

When you don't have an honest attach. A cheap entry product with no downstream value just trains low-margin traffic.

The 5-minute practice

Try the trick today

Identify your most-trafficked product. Calculate true margin including attach. Could you cut its price 30% if it doubled basket size?

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See it in action

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