At Seedly, we love to share ways to help you make smarter personal finance choices. Here in this article, we will be sharing with you 5 dirty pricing tactics that shops do with that we unknowingly (sometimes also willingly) fall for.
This article should make you more aware of such pricing tactics to prevent you from falling into their trap. These are actually psychological pricing tactics.
What is Psychological Pricing?
It is a tactic commonly used targeting consumers who react to prices with emotions than logically. Basically, using your heart to think instead of using your brain.
This aims to make you think that you are spending less than it really is.
1. “Useless” Pricing
Ever noticed the prices of medium-sized fries ......