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themeatbridge@lemmy.world ⁨9⁩ ⁨months⁩ ago

It still works at scale. If I’m selling a couch on craigslist for $10, I’d have to be a massive butthole to advertise it at $9.99. The fuck am I going to do, give them a penny in change? $10 is $10. I only need to sell it once, and I do not have the patience to deal with someone looking to haggle.

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sparkitz@lemmy.world ⁨9⁩ ⁨months⁩ ago
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- themeatbridge@lemmy.world ⁨9⁩ ⁨months⁩ ago
  Then I want $400. Like I said, I onlyhave to sell it once. I don’t need to sell it to more than one person.
  
  And if I saw someone selling a refrigerator for $399, personally it would make me doubt their trustworthiness.
  
  The left digit bias is real over large groups of people. You’re going to sell more laptops at $399 because of left digit bias, but it doesn’t make a discernable difference when you’re only selling one.
  
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sparkitz@lemmy.world ⁨9⁩ ⁨months⁩ ago
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- themeatbridge@lemmy.world ⁨9⁩ ⁨months⁩ ago
  That’s not a persuasive argument. I’m not interested in haggling. The price is $10. If you see that and think “Oh, I’ll offer $5” then the answer is “no”. We’re sure as shit not going to meet in the middle at $7.50.
  
  Same argument at $400. That’s what I want to get for it, which is why I put that price on it. I don’t want $399 or $250, because life is too short and I’m not that desperate to sell anything. I’d rather give it away for free than haggle with someone over the price. I don’t need to sell it today, and I’m happy to wait for someone who is willing to pay the asking price. I’m not running a pawn shop.
  
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  - sparkitz@lemmy.world ⁨9⁩ ⁨months⁩ ago
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    themeatbridge@lemmy.world ⁨9⁩ ⁨months⁩ ago
    Right, and my point is that we don’t question it because it would be absurd to sell one-off items on-digit-removed from the actual selling price. I wouldn’t buy anything from someone selling shit on craigslist for $99 because it’s the sort of dishonest advertising that takes advantage of a psychological bias. I understand why Walmart does it, but that doesn’t make it a smart thing that good people do. It’s ths sort of deceptive thing greedy people do.
    
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