Re:You spend more when prices end in .99
by satvikpendem on Sunday May 26, 2024 @06:29PM
(#40486001)
> Or that they can “come clean” by putting fine print under prices explaining why they are ending prices in 9. Which would create a major distraction messing with any sale.
Why would they do that? That might lessen their sales if people knew of the effect, as a nocebo.
I agree(d).
> Which would create a major distraction messing with any sale.
As you consider the issue this phrase I think is the best synopsis of your thoughts: When it is so well known, at some point it isn’t a “trick” anymore, right
And yet we fall for the same tricks again and again. The most politically pressing? The number of people - internationally - who believe in a strongman leader.
MLMs also occur to me. We know MLMs so well that we've literally written laws against them. There are movies, articles, conversations. And yet, every single year, tons of people fall for them.
What other very well-known tricks do people fall for HN?
It isn’t as if retailers can fight reality.
Or that they can “come clean” by putting fine print under prices explaining why they are ending prices in 9. Which would create a major distraction messing with any sale.
It is just real-world reliable wackiness that both sellers and purchasers should be aware of.
There is no purely objective way to relate to selling and purchasing prices. Short of very simple scenarios where a spreadsheet actually captured all the real criteria.
Many products make people happier if the price is higher. Is that happiness bump a fraud, or the point?
Just remember to ask for $199,999.99 salary in your next interview!