Why do people price things ending in .99?
- Thread starter jebjk1
- Start date
Eagle River Mike
Member
With sales tax your never going to end up with a nice round even dollar amount.
$4,999 can be advertised as under $5,000. I don't know how many would bite on it but I'm sure someone does.
On a side note, I was returning something to Walmart not that long ago and the price ended in .97, the girl told me that it was on sale when it was purchased, she knew that because it ended .97 vs. something on clearance that ended .92.
On a side note, I was returning something to Walmart not that long ago and the price ended in .97, the girl told me that it was on sale when it was purchased, she knew that because it ended .97 vs. something on clearance that ended .92.
garyl62
Active member
If I'm listing something that I'm trying to get a few hundred dollars or more for, I'll always do that but it's because of what Ramsey said. If someone does a search of less than 5,000 my item will be included, if I put it at 5,000 it won't show up. As far as change goes, I agree in my mind selling something online there is no reason to even include pennies, should just be in whole dollars.
dump the penny waste of copper waste of space in my change jar. cant think of the last time I dug in to my pocket to find 3 cents to pay for something . yeah I know if a saved a 2000 of them instead of tossing them in the trash when rolling around the floor of the truck I would have 20 bucks
Go Fast or Go Home
Active member
I think I read where it costs the U.S. Government 10 cents to produce one penny.
polarisrider1
New member
Do away with pennies, nickels and dimes. Quarters work fine for the small stuff.
Surprised it is not 100$
snobuilder
Well-known member
It's the gas stations fault...start there, $.001...Really?
When I was in sales, if we had a tough customer, we would give them a price to the penny, not .99, and that would usually close the deal or they would say drop the cents and then they would buy.
polarisrider1
New member
We always add cents to our bids. Land way more jobs that way. 67 cents lands the most. Example : $23,993.67 trumps $24,000 everytime. Same goes for $104.67 trumps $100. Looks like you worked at the number and didn't just throw one out there. ( but I still believe dealing with the coins is a hassle.) .27 also works
the 9/10s of a penny on gas has honest beginnings-when gas was 12 cents stations could not go up a whole penny but how it lasted this long is amazing