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RevOptima.io

Charm Price Generator

Convert round numbers into psychologically optimized price points using the Left-Digit Effect.

$19.99
Maximum Deal Perception
$20.00
Luxury / Prestige
$19.95
Calculated Fairness

Choosing the Right Ending

Match the ending to your brand voice.

1

The Bargain Hunter

If you sell on value/price, use the Charm price ($19.99). It maximizes conversion volume.

2

The Connoisseur

If you sell on quality/status, use the Round price ($20.00). It reduces cognitive friction.

3

The Middle Ground

.95 is a great compromise. It feels more 'fair' and less like a clearance bin than .99.

Execution Steps

1

Enter your base target number.

2

Review the 3 variations (Deal, Luxury, Fair).

3

Choose the one that fits your brand voice.

Pro Strategy

  • Use .99 for discounts and commodities to signal a bargain. It suggests 'lowest possible price'.
  • Use .00 for premium/luxury items to signal confidence. 'We don't need to play games'.
  • Use .95 as a 'Classy Charm'—it gets the left-digit benefit without feeling as cheap as .99.

Core Concepts

Left-Digit Effect

Consumers process numbers left-to-right. $19.99 is perceived as closer to $10 than $20 because the first digit is a 1.

Round Numbers

Ending in .00 signals quality and easy processing. Used for luxury and emotional purchases.

Precision Pricing

Random numbers (e.g. $47.32) signal that the price was calculated exactly based on cost, implying fairness.

Deep Dive

What is Charm Price Generator?

This tool applies psychological pricing heuristics to a base number. It generates variations based on standard consumer perception models: Charm (.99) for value, Prestige (.00) for quality, and Calculated (.95) for fairness.

Best For

  • Setting final list prices.
  • Running A/B tests on product pages.
  • Formatting discount offers.

Limitations

  • Effect diminishes if used on every single product (looks spammy).
  • B2B buyers are less susceptible.

Alternative Methods

Price Presentation Tool

Formatting the visual font size and color.

Industry Applications

See how this methodology generates real revenue uplift in different sectors.

Fashion

Clothing Retailer

Challenge

Women's dress sales were flat at $35.00.

Solution

Changed price to $34.99.

Sales volume increased 24%. The '3' vs '4' anchor didn't change, but the .99 signaled 'deal'.
Hospitality

High-End Restaurant

Challenge

Guests complaining about prices.

Solution

Removed currency symbols and decimals (e.g., 'Steak ... 45').

Average check size increased as 'pain of paying' decreased.
Software

SaaS Tool

Challenge

Churn on $50 plan.

Solution

Changed to $49/mo.

Conversion up 12%. The drop from 5 to 4 in the tens digit is the most powerful left-digit effect.

Downloadable Resources

Common Questions

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