Wednesday, December 02, 2009
The logical final step in 99-cent pricing
Street corner fruit stalls in NYC list the price for a container of blackberries as $1.99. But they don't actually offer you the penny of change (to my relief given the transaction cost of putting it away). Someone should run an empirical study on their sales under this approach versus stating a $2 price.
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1 comment:
This is something I have wondered since I started paying for things myself...lol. Consider me a fan.
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