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Old 02-16-2008, 02:35 AM   #2 (permalink)
Gene
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Default Almost always precise price...

Quote:
Originally Posted by Brutha View Post
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 almost always precise price. My experience tells me customers are more likely to buy at $9.99 than at $10.00 and even more amazing they are more likely to buy at $9.99 than at $9.00. Strange but true for me.
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