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Why does everything cost .99 or $1.99?
I don't think people are THAT stupid, I've never met anyone that said when something is 1.99, didn't just call it $2, never do they say $1 or $1.99. It's just annoying, why can't everyone just go even on the dollar and include tax in that, make life easier.
10 Answers
- 1 decade agoFavorite Answer
The practice is called "Psychological pricing."
"Psychological pricing or price ending is a marketing practice based on the theory that certain prices have a psychological impact. The retail prices are often expressed as "odd prices": a little less than a round number, e.g. $19.99 or £2.98. The theory is this drives demand greater than would be expected if consumers were perfectly rational." from Wikipedia
- Anonymous1 decade ago
Proof of purchase. If everything was simple e.g. 2.00 people would give the money and go. no-one actually gives .99 . A purchase has to be registered for the till to open. (and give the change from 2.00 for a 1.99 item)
- dastoliLv 44 years ago
Thank the VAT. fairly the version is taxes. As became reported, it fairly is to pay on your "greater effective public centers". there's a protection internet interior the U. S., yet it somewhat is all it somewhat is, a protection internet no longer a nanny state. do no longer difficulty, we are getting there speedier the we understand, then you definately would be paying an analogous extreme expenditures right here too. i'm hoping you have an staggering stay interior the States! you're staggering, it somewhat is an incredible place. i like it in spite of it fairly is issues.
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- Anonymous1 decade ago
because its an epic feeling to get a penny in change back. You should try it. It might help with that depression thing you got going on and the pessimism.
Source(s): shiny pennies are objects of optimism - snowriverLv 71 decade ago
They stared that crap yrs ago, they thought it sounded cheaper it is stupid.