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A comment on When negotiating a price, never bid with a round number (2016). Parent comment

Re:When negotiating a price, never bid with a round number (... by HPsquared on Friday May 06, 2022 @06:10AM (#31283422)
ASDA (subsidiary of Wal-Mart) fuel stations in the UK always have the fuel price ending in .8 (e.g. 175.8p per litre) while pretty much EVERY other fuel station always has prices ending in .9.

It gives a feeling that they're slightly cheaper than the competition, I think. Even if the more significant digit is more expensive sometimes, people don't remember that part as much because it varies from day to day.

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Re:When negotiating a price, never bid with a round number (... by twelve40 on Friday May 06, 2022 @06:12AM (#31283436)
...until someone else comes along and offers .7 : ) so the race to the bottom begins
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Re:When negotiating a price, never bid with a round number (... by Mordisquitos on Friday May 06, 2022 @06:22AM (#31283502)
And, once the race to the bottom reaches .0, the petrol station operator that stuck to .9 is back in the lead, again regardless of the significant digits! It would be a bit of a retail version of the Shepard tone: https://en.wikipedia.org/wiki/Shepard_tone
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Re:When negotiating a price, never bid with a round number (... by hmate9 on Friday May 06, 2022 @06:17AM (#31283463)
It’s not a race to the bottom because what Asda is doing is pricing it 175.8 when others price it 174.9
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Re:When negotiating a price, never bid with a round number (... by Mordisquitos on Friday May 06, 2022 @06:24AM (#31283512)
I assumed they meant a race to the bottom in terms of decimal digits only. Another petrol station could price it at 175.7, or maybe even 176.7 if the illusion of being cheaper than ASDA still works.
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Re:When negotiating a price, never bid with a round number (... by munchenphile on Friday May 06, 2022 @06:29AM (#31283535)
https://m.youtube.com/watch?v=rnso4nfdM9w
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Re:When negotiating a price, never bid with a round number (... by andrewaylett on Sunday May 08, 2022 @12:28PM (#31305516)
Asda in Arbroath was .7 when I went past the other day.
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Re:When negotiating a price, never bid with a round number (... by mytailorisrich on Friday May 06, 2022 @06:17AM (#31283461)
The problem at the moment is that '175'... I don't think people bother too much about .8 vs .9
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