The .99 price

daredevil

daredevil

John Galt, come save us!
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How many of you has wondered how this .99 cent thing came about...
Just about everything you pay for nowadays has that 99 cent on the end of the price...it drives me nuts!
Does anybody know how it got started and more importantly WHY it's like this??
Anybody? hmmm? hmm?:thinking:
 
It makes people think the item is cheaper. /thread :lol:

BTW shouldn't this be in the Rant thread? :confused:
 
Big Daddy said:
It makes people think the item is cheaper. /thread :lol:

BTW shouldn't this be in the Rant thread? :confused:
Click to expand...

I wasnt ranting BD, i was juss wondering....that drives me nuts comment was just misleading....:tongue:
 
daredevil said:
I wasnt ranting BD, i was juss wondering....that drives me nuts comment was just misleading....:tongue:
Click to expand...

Maybe you should create a misleading rant thread. :suspicious:
 
BD...
did you lose some weight? I can't even see you.

:dontknow:
 
I remember a little from my marketing and BD is correct. The 99 cent ending is to allure the bargain shoppers. If you look at fine retailers (Ralph Lauren, Michael Korrs, etc) all the price endings are $.00 - it is a marketing mind trick. However when those fine retailers mark things down, some go to a 99 price ending.
 
my grandfather used to say it was to lure in the shoppers $1.99 was a deal $2.00 too expensive.
 
Yup, just a sales tactic....:yesnod:
 
dbee said:
They always have .99 for gas :driver:
Click to expand...

Gas is always 9/10 = .90 cents. It's for the same reason as .99 cents though. They always had me fooled.

gas_prices_large.jpg
 
Thanks for your answers! Now its off to the store, I hear they have ground chuck on sale for $1.99 lb.!:lol:
 
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