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WebOct 14, 2009 · Consumers tend to think that the more things cost, the more they're worth. But a new Cornell study finds that while higher prices may generate a more positive view of products, a higher price tag ... WebThere’s another theory of psychological pricing that claims a price ending in an odd number (1, 3, 5, 7, or 9) appears more attractive to the customer than a price ending in an even number. So, according to this theory, a price tag that reads $19.99 will generate more sales than a price tag that reads $20.00. WebHigh Involvement Consumer Decision Making. By contrast, high-involvement decisions carry a higher risk to buyers if they fail. These are often more complex purchases that may carry a high price tag, such as a house, a car, or an insurance policy. These items are not purchased often but are relevant and important to the buyer. flynn furniture madison