What sounds better for pricing?

[msalex28a]

What sounds better from the customers point of view having something like $2.99 or just plain $3.00? This is for my craft fairs.

[MJandJoshsMommie]

I would do even numbers ($3.00)

[ScentGifts]

I would do the $3 for craft shows because personally, I would rather deal with 3 $1 bills then change.

[rebeccajo99]

if you were running a brick and morter store... i would say $2.99, just because people's minds are like... wow, under $3. However, since you are doing a craft show... people don't want to deal with change, so do the $3.

[sudsnwicks]

At the craft fairs around here the vendors usually round to the nearest 0.25 e.g. 1.25. Although I've seen some jewelry items with prices like 14.95. But no 0.99 ending. If I were you I'd go with 3.00 so it is easier to add up their bills and make change.

[Judy, USMC]

At the craft fairs here they will price 2.99 plus sales tax. $3.25 if sales tax is included (our rate is 7.75%.)

[beekeeper_sd]

If you are doing a lot of craft shows I would suggest you average the sales tax of all shows you do, add that to your price and round to the nearest $.50 or $1.00.

We used to do all of our prices, i.e. $5.95, then add sales tax at the shows. Every show we did we had to add a different sales tax percentage, then add all orders, add sales tax, carry all the change, etc. We finally went to doing it the way I suggested above and now all we have to carry is bills and quarters. It is much easier to figure sales, we don't have to carry all the change, and people seem to like the idea of having the sales tax already included in the sales price.

Try it, you'll like it!

[adillenal]

I agree with round numbers for shows. Most small shows I do, the vendors have the sales tax included in the price. Me included.

Edited December 9, 2009 by adillenal

[Noodle]

I would say round numbers for shows. However, I have always sold my products for $2.95, $3.95, etc... Since everything is calculated online, there are no issues with having to give out change. I hesitated years ago when I organized my pricing. I have never liked the idea of 95c or 99c. It seems corny- like people would REALLY believe that they are spending $3 instead of $4 on a $3.95 item. What I have found is that it really is an effective method when using calculated shipping rates that are price based in an online shopping cart. By my charging prices with 95 on the end, it often saves the buyer from going into another shipping price range. The customer saves postal fees. No one has complained about the 95's on the end of my prices, so I think that I will stick with it.

Edited December 9, 2009 by Noodle

[jenscandles]

My pricing tends to be fairly round but i do charge the sales tax separate. Easier to prove I'm collecting it when the tax man shows up at the show. That tends to happen around here.

[msalex28a]

WEll lucky for me I live in New Hampshire and we don't have sales tax.

[jenscandles]

WEll lucky for me I live in New Hampshire and we don't have sales tax

Oh that IS very lucky!