This is a very broad question, I have read that it takes same efforts to convert $5 & $10. In that case how much does .99 help in today's online services.<p>It can have different results for business products and consumer products. I find .99 little messy and feel somebody who is ready to buy is not looking for 1cent discount.<p>However I can be wrong in many ways, does anybody have conversion metrics taken recently?
- What are the pros and cons?
- How is it different for consumer and business pricing?
- Who are the target audiences who will be affected by this change?
I have a feeling this has been discussed before. At any rate, here are some links:<p><a href="http://blog.kissmetrics.com/5-psychological-studies/" rel="nofollow">http://blog.kissmetrics.com/5-psychological-studies/</a><p><a href="https://en.wikipedia.org/wiki/Psychological_pricing" rel="nofollow">https://en.wikipedia.org/wiki/Psychological_pricing</a>