It's not about what you think about the particular price, it's about how you view the relative price. If one item is 9.99 and the next is 10.00, there's no practical difference in price, but a huge difference in relative attraction to shoppers.
Yes. It does. I test this out every 10 years on average consumers. The answer has been very consistent. As a matter of fact I find it to be more effective in the age of digital payment where you dont have coins as changes.
But I also want to note it doesn't work on all product type. So the answer "it depends" still true. Dont take it as a Golden Rule.
Excellent stuff, I even bought his book just because I enjoyed the way he presented the info with linked sources/research behind it (I also had way too many unused Audible credits).
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[ 4.4 ms ] story [ 26.2 ms ] threadBut I also want to note it doesn't work on all product type. So the answer "it depends" still true. Dont take it as a Golden Rule.