Environmental Sciences, asked by guineverexgranger, 10 hours ago

What is psychological pricing?

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Answered by archismanchdy

1

Answer:

Psychological pricing is a pricing and marketing strategy based on the theory that certain prices have a psychological impact. In this pricing method, retail prices are often expressed as just-below numbers: numbers that are just a little less than a round number.

Answered by crastaorpah

0

Answer:

Psychological pricing is a pricing and marketing strategy based on the theory that certain prices have a psychological impact. In this pricing method, retail prices are often expressed as just-below numbers: numbers that are just a little less than a round number, e.g. $19.99 or £2.98.

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