Speakur

Word Pronunciation & Dictionary

psychological pricing

Word Rarity Rare

Frequency: Zipf frequency 3.84 in modern English

Syllables
psy-cho-log-i-cal pric-ing
IPA
38
Scrabble Score
20
Letters
6
Syllables
12
Unique Chars

Meaning

noun

The setting of prices for goods and services in a way thought to have a psychological impact on the consumer. For example, an "odd price" that is slightly under a round number, such as $19.98, may be perceived as lower than it really is.

Uncountable

Usage

Synonyms

charm pricing

Questions

What does psychological pricing mean?
The setting of prices for goods and services in a way thought to have a psychological impact on the consumer. For example, an "odd price" that is slightly under a round number, such as $19.98, may be perceived as lower than it really is.

How to pronounce psychological pricing

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