Abstract: The study examines the effect of psychological pricing strategies on brand perception and consumer buying behavior. With a sample size of 253 respondents, this study aims to uncover the underlying psychological mechanisms that drive consumer responses to various pricing strategies such prestige pricing and charm pricing and effect of these strategies in shaping consumers' perceptions of brand-value and willingness to purchase. The primary data collected using a survey among individuals from diverse demographic backgrounds is analysed using statistical....
Keyword: Psychological pricing strategies, charm-pricing, prestige-pricing, retail, brand perception, consumer behaviour
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