Which pricing strategy is known as 'charm pricing' and has been shown to significantly increase sales compared to round numbers?

Pricing isn't just about numbers—it's a sophisticated psychological tool that retailers use to influence consumer behavior. From charm pricing to premium positioning, companies carefully craft their pricing strategies to maximize sales and shape brand perception. This trivia question tests your knowledge of a famous pricing psychology technique that has been scientifically proven to influence purchasing decisions across global markets.

This is a live public trivia poll on AIPolls.Net. Vote and see real-time results.

Prices ending in .99 or .95 (e.g., $19.99 instead of $20.00)
Bundle pricing that offers a slight discount on complementary products
Premium pricing that positions products as luxury or high-quality
Anchor pricing that shows an original high price alongside a discounted one