2006-09-09 12:15:28 · 24 answers · asked by jusme 1 in Society & Culture ➔ Other - Society & Culture
No, it's psychological pricing - a technique marketers use to make things seem cheaper than they really are.
2006-09-09 12:17:31 · answer #1 · answered by Alonsofan 3 · 2⤊ 1⤋
Look down the sides of the sofa there's usually an odd penny down there and then you will have £5 instead of £4.99.
2006-09-09 13:55:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Well, it's that old psychological theory again. If the price was shown as £5, it would be percieved as such. However, £4.99 is percieved as £4, the pennies are ignored. This has always been one of my bugbears as well, it's about time retailers were honest and said £5,000 instead of £4.999!
2006-09-09 13:03:51 · answer #3 · answered by stephanundertaker 2 · 0⤊ 0⤋
Of course and that will never go away ....... I must admit that I even do it when selling something on eBay .... it's natural to want to maximise profit while seemingly keeping the price down. It's strange because I went to Wales recently over the Severn Bridge and the toll was £4.95 but I kept telling everyone it was £5 ..... I suppose I wanted to express my surprise at being charged £5 because that was pretty much what is was and £4.95 at 5p less is certainly no steal!!
2006-09-09 12:34:07 · answer #4 · answered by Anonymous · 0⤊ 0⤋
yep and i put the penny in the charity pot at the till..i reckon i give away approx £50 quid a year this way alone..and what about when we had the 1/2 pence, that was soooo annoying!!i was a junior soldier(boy soldier to some joined at 15) and one week i was given a 10 shilling note..that would buy me a packet of cigs for the week,and a pint of milk a night..(too young for beer) and get me change for a sat night at the pictures..the following week i was given a 50p peice..which amazingly bought next to nothing..
2006-09-09 12:25:45 · answer #5 · answered by hondanut 4 · 1⤊ 0⤋
Yep, cos you feel as you've got more of a bargain when you pay £4.99 instead of £5.00. Oh, the value of that 1p. change, let's see what can we do with that!!!!
2006-09-09 12:17:36 · answer #6 · answered by Anonymous · 4⤊ 0⤋
That's either a Value meal in McDonald's or the price of a pint in London
2006-09-09 12:25:23 · answer #7 · answered by Tinker 2 · 0⤊ 0⤋
Its such a load of bs considering how much small change we get loaded with yet the same people who load us up with it via the £x.99 won't accept it most of the time.Having to pay to get get your small change changed. Just another rip off.
2006-09-09 12:31:18 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I KNOW dammmmm it lolz but i still wait for the shop keeper to give back my 1 peny u know i am so mean errrrrrrrrrrr
2006-09-09 12:59:56 · answer #9 · answered by Fit babe2007 2 · 0⤊ 0⤋
Yeah , then you end up filling little tubs and pots around the home with the pennies and never take them to the bank. I'm wading through my place as we speak !
2006-09-09 12:22:13 · answer #10 · answered by kirstapper 2 · 0⤊ 1⤋