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Why are things priced at $9.99? Wouldn't $10 be much more simple |
The question has been closed for the following reason "The question is answered, right answer was accepted" by Tim Fontana Sep 23 '10 at 05:26
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It's a marketing trick. It's kind of like when gas stations say they have for example $2.86 and 9/10. It's to make things look cheaper.
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So they can say "For less than $10 you could buy this" |
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one roomer is that back in the day a newspaper cost a penny, this way if some thing cost 99¢ you could still buy the newspaper... it has since been used to make it look cheaper, you see the 9 and think well its only 9 bucks and fail to look at the .99 part of it. |
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It's a marketing trick. They (being the vendor) sells the product for $.01 less than the next round number. It makes the end consumer think that they're paying less. Indeed, they pay less, but more people tend to buy. Make sense? |
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because people NEVER EVER realise it's exactly the same as $10. your insticts lie to you |
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for tax reasons I think that had something to do with it. |
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It is in fact done that way, so people will wonder why it is done that way, and therefore are discussing the product in question. o.O |
