Pricing items at $9.99 makes them appear significantly cheaper than $10 to consumers.
Pricing items with charm pricing ending in .99 effectively leverages psychological cues to make products appear more affordable and increase consumer willingness to purchase.
Both retrieved papers consistently support the psychological effectiveness of charm pricing like $9.99 in influencing consumer behavior and purchase decisions.
Dr. Zeba Khan. PRICING TACTICS AND CONSUMER BEHAVIOUR: EVALUATING THE PSYCHOLOGICAL EFFECTS OF CHARM PRICING IN RETAIL STORES. 2025. https://doi.org/10.36713/epra21087
This study shows a consistent link between charm pricing ending in .99 and increased consumer willingness to buy.
See more details
Aadhya Bansal. PSYCHOLOGICAL PRICING AND CONSUMER BEHAVIOR: A REVIEW OF ITS IMPACT ON PURCHASE DECISIONS AND SALES PERFORMANCE. 2026. https://doi.org/10.21474/ijar01/23526
This review finds that psychological pricing strategies like charm pricing significantly influence consumer purchase decisions and shape perceived affordability.
The paper trail · every fact has a biography
Challenge the receipt
Citation formatting by citeproc-js (Frank Bennett) and the Citation Style Language project. Source and licenses.
Terms · Privacy · How verdicts work · Dispute this receipt