Ask a Question
or
Create a Poll
  1. Home /
  2. Questions /
  3. Finance
  4. / Currency
  5. / Currency In General

by hyperblackleo on May 13th, 2009

hyperblackleo

Question

Help answer this question below.

Hi, I m cuban so, sorry my spanish, I would like to someone with some background in financial terms to tell why some market products cost $XX.99 cents, I mean, I need only the explanation of the 99 cents, why always 99 and not the all rounded number?

Share:
Other

Answers. 3 helpful answers below.

  • by happiness on May 14th, 2009

    happiness

    To look cheaper,.. a trap.

    No comments. Post one | Permalink

  • by hyperblackleo on May 13th, 2009

    hyperblackleo

    Well,it might look cheaper but you never going to unpack $199.99 straight out of your packet, you always give $200 rounded and even more so understanding your answer, I should guess that by labeling product in 99 is an all marketing scheme to eases the purchase?isn't?

    No comments. Post one | Permalink

  • by Ken on May 13th, 2009

    Ken

    Cause it looks cheaper if you sell something for $199.99 instead of $200.00.
    Or, your mind think it is some how.. :P
    At least that's the idea.

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading Hi, I m cuban so, sorry my spanish, I would like to someone with some background in financial terms to tell why some market products cost $XX.99 cents, I mean, I need only the explanation of the 99 cents, why always 99 and not the all rounded number?

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

ANSWERBAG BUZZ

The happy hollisters
I m sorry in spanich comments

Answerbag

a Demand Media company