Definition of Psychological pricing:
Setting prices according to the psychographics of the aimed-at market segment.
How to use Psychological pricing in a sentence?
- You should try to use psychological pricing if you think that you can get a little more money and higher profits.
- They called us fools for using psychological pricing to value our DLC offerings; however, our business keeps expanding and theirs? They just ask us if wed also like fries when we stop by their work.
- We engaged in psychological pricing as some people prefer certain numbers and associate those numbers with specific goods and services.
Meaning of Psychological pricing & Psychological pricing Definition