Why do most prices end with 9?
a) Those price tags are playing tricks on your brain
b) It is nothing but a strategy to fool the consumers
c) There's actually a psychological explanation for this- It's called the "left-digit effect'
d) Because we read from left to right, the first digit of the price resonates with us the most
e) Perception of minds: The item that starts with a $8 just seems like a better deal than the one that starts with $9 to our brain
f) That's why shoppers are more likely to buy a T-shirt for $8.99 than an identical one for $9
g) $299.99 and $301 are perceived as vastly different prices while $289.99 and $291 are not, despite both price comparisons having a difference of $1.01
-Prathamesh Kakaria
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