Pricing is the act of determining and setting sale prices for an item. Often exact prices are determined by heuristics, microeconomic analysis, or as part of a wider pricing strategy. Pricing decisions impact on the user experience through psychological reactions to the price and the way that it is displayed.
2 years ago
Recent Hot AnswersPsychology behind $0.99 for paid apps, but $1.00 for donation apps?
Psychology behind $0.99 for paid apps, but $1.00 for donation apps?
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Is there any advantage in marketing my product for £99.99 instead of £100?
Is it still effective and appropriate to use psychological pricing for IT people?
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