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<p>[QUOTE="Clawcoins, post: 3551933, member: 77814"]There is an easy solution to everything.</p><p>Have companies simply round up the retail/selling price.</p><p><br /></p><p>Why does practically everything be 9 cents? 1.09, 1.49, 1.99 and even for gas 1.999. .999 for all practicality is $1.00, but people have the perception they aren't spending $1. I've *never* been able to get back .001 from the gas station no matter how hard I've tried in the past.</p><p><br /></p><p>There is a reason companies currently do not just round up prices.</p><p><br /></p><p>It's called marketing, and finding the "sweet spot of pricing" to make people buy something versus opting not to.</p><p><br /></p><p>The study of pricing strategies drives sales.</p><p>So you'll first have to convince sellers not to use the 9 strategy. But there's been plenty of studies in the past that the 9 strategy self-convinces people to spend more, and significantly more in some cases. There's even studies in how people react to seeing, or not seeing the "$" sign on price tags.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3551933, member: 77814"]There is an easy solution to everything. Have companies simply round up the retail/selling price. Why does practically everything be 9 cents? 1.09, 1.49, 1.99 and even for gas 1.999. .999 for all practicality is $1.00, but people have the perception they aren't spending $1. I've *never* been able to get back .001 from the gas station no matter how hard I've tried in the past. There is a reason companies currently do not just round up prices. It's called marketing, and finding the "sweet spot of pricing" to make people buy something versus opting not to. The study of pricing strategies drives sales. So you'll first have to convince sellers not to use the 9 strategy. But there's been plenty of studies in the past that the 9 strategy self-convinces people to spend more, and significantly more in some cases. There's even studies in how people react to seeing, or not seeing the "$" sign on price tags.[/QUOTE]
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