Sagefir7dell Sagefir7dell
  • 16-03-2017
  • Business
contestada

Why do items for sale have prices such as $2.99, $5.99, and $9.99 instead of $3.00, $6.00, and $10.00?

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keiauz7
keiauz7 keiauz7
  • 16-03-2017
This is simple psychology of marketing and sales, nothing more. Statistics have shown, that people respond more favorable to a number of .99 or .95 more than the double zeros. Most people when shopping are doing what is called scanning. with scanning, all numbers are preceived in approximations.
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