Roundnumberitis refers to the cognitive bias where people gravitate toward whole, round numbers like 10 or 100 instead of precise figures. Marketers leverage this by pricing items at $9.99 rather than $10, triggering a perception of lower cost. Consumers benefit from simpler mental processing, while businesses see increased sales through perceived discounts.
Get alerts when this topic surges in newsletters. Free to start.
Sign up freeExplore more trends:Trending Topics ·AI Trends ·Business Trends ·Finance Trends ·Technology Trends