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psychological pricing

noun

Definitions

  1. The setting of prices for goods and services in a way thought to have a psychological…

    The setting of prices for goods and services in a way thought to have a psychological impact on the consumer. For example, an "odd price" that is slightly under a round number, such as $19.98, may be perceived as lower than it really is.

The neighborhood

Vish — recursive loop

No curated loop yet for psychological pricing. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA