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Brutha · 02-16-2008, 12:34 AM

A Precise Price Can Increase Sales
This article makes the case, that customers feel that a house that sells at $553,505 is cheaper than one that sells at $550,000.

Since we have many entrepreneurs in this forum, how do you set your prices? Precise or Round?

02-16-2008, 12:34 AM	#1 (permalink)
Brutha Moderator Join Date: Nov 2006 Location: Berlin, Germany Posts: 4,997	Precise Prizes vs. Round Prizes A Precise Price Can Increase Sales This article makes the case, that customers feel that a house that sells at $553,505 is cheaper than one that sells at $550,000. Since we have many entrepreneurs in this forum, how do you set your prices? Precise or Round? __________________ I am always open for feedback on my posts. If your feedback would go offtopic feel free to send me a Personal Message. My posts generally don't contain medical or legal advice, if you have a problem seek the opinion of an expert Talking about this in terms of “bad news” or “bad judgment by business leaders” seems archaic. It’s like describing World War One as “a serious diplomatic concern.” Bruce Sterling about the financial crisis.