Does anyone know the reasoning behind this? I've never understood why we get so close to the next whole dollar. Is this some psychological effect? "Three easy payments of $14.99 sounds much better than $15"?
This concept still works as well as it always has. Don't believe it ask anyone the price of gas you will ALWAYS be quoted .9¢ less than it actually is.It's an outdated concept that Apple is forcing on developers. Sure, in the 70's $9.99 may have seemed significantly cheaper than $10. But nowadays, I'd bet more people automatically round up in their head, and if anything think of it as more expensive because of all the nines...
This concept still works as well as it always has. Don't believe it ask anyone the price of gas you will ALWAYS be quoted .9¢ less than it actually is.
I disagree, nobody ever thinks of something that's $9.99 as less than $10 anymore...
Yep, unconscious marketing trick. Still works, always will.
You may disagree if you wish but millions of hours/dollars of marketing research and 100's of billions of dollars of actual sells supports the .99 concept. If it didn't help to drive sells up over the costs of the program the practice would be abandoned. As they say proof is in the pudding and in this case there is a LOT of pudding.
I disagree, nobody ever thinks of something that's $9.99 as less than $10 anymore. Especially with taxes and everything, pretty much everyone will see "$9.99" and think "a bit over $10.