|
|
|
|
|
by drusenko
6443 days ago
|
|
http://en.wikipedia.org/wiki/Psychological_pricing Many of these issues are covered in basic marketing 101. As to how the pricing scheme is deceptive is beyond me. There are multiple different psychological price theories in use. As mentioned in the article, the .99 pricing scheme is fairly prevalent, although some retailers use a .00 pricing scheme to reinforce quality. Walmart has used a somewhat random pricing scheme (.32, .67, .18, etc) to try to have consumers come to the conclusion that the only rationale behind the price is that Walmart shaved every possible penny it could. |
|