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Models: 9
Dimensions: 26
Trials: 56,640
Pre-registered: osf.io/et4nf

Price sensitivity analysis: overview

17,200

Total Trials

Confirmatory

4

AI Models

Cross-validated

5

Products

Diverse categories

97%

Judge Agreement

High reliability

Model Divergence at High Premiums

Models show similar behavior up to 1.5x, then diverge dramatically. Gemini Flash maintains brand preference even at extreme premiums, while Claude drops to 20.8% at 3x.

Key finding:At 3x premium, selection rates range from 20.8% (Claude) to 59.4% (Gemini Flash) — a 38.6 percentage point spread (p<0.0001). Model-specific optimization may be necessary.

Model Personality Profiles

Each AI model exhibits distinct price sensitivity patterns. Selection rates at 3x premium reveal dramatic differences.

GPT-5.4

"Value Calculator"

29%

at 3x premium

Most price-sensitive. Earliest cliff at 1.75x. Applies strict value analysis.

Cliff at 1.97x

Claude Sonnet 4.6

"Nuanced Evaluator"

21%

at 3x premium

Lowest selection at 3x (20.8%). Shows unique behavior in edge cases.

Cliff at 1.97x

Gemini 3.1 Pro

"Deliberate Analyst"

27%

at 3x premium

Clear cliff at 2.0x. Slowest response time (15.8s). Most 'textbook' economic behavior.

Cliff at 1.88x

Gemini 3.0 Flash

"Brand Loyalist"

59%

at 3x premium

NO cliff detected. Maintains 59.4% brand selection even at 3x. May be over-optimized for brands.

Category-Specific Price Thresholds

Different product categories trigger price sensitivity at different thresholds. Commodities cliff earlier (1.2x) while electronics tolerate higher premiums (1.5x).

Price Cliff Point by Category

Selection Drop at Cliff (%)

Commodities — 1.2x cliff

Detergent, protein powder, running shoes

47% average drop — AI applies strict value calculation to commodity goods

Premium Tolerant — 1.5x cliff

Air fryer, moisturizer

29% average drop — Brand equity provides more protection in electronics/skincare

Implication

Commodity brands must price within 20% of generic. Electronics/skincare can stretch to 50% premium before losing AI recommendations.

Position Bias: First Listed Wins

Being listed first in AI comparisons provides a measurable selection advantage — the primacy effect.

Brand Selection by List Position

65%

Listed First

59%

Listed Second

+5.5pp

Primacy Advantage

Chi-square54.9
p-value<0.0001

Implication: Being listed first provides a 5.5 percentage point advantage. Optimize your structured data and third-party listings to appear first in AI-generated comparisons.

Key Findings

1

Price sensitivity exists (H1 CONFIRMED, p=0.011) but varies significantly by model

2

At 3x premium, selection rates range from 20.8% (Claude) to 59.4% (Gemini Flash) — 38.6pp spread

3

Gemini Flash shows NO cliff — maintains brand preference regardless of premium

4

GPT-5.4 is the strictest 'value calculator' with earliest cliff at 1.75x

5

Category matters: commodities cliff at 1.2x, electronics tolerate 1.5x

6

Psychological pricing (.99 endings) has zero effect on AI (H8 CONFIRMED)

Psychological Pricing: Zero Effect

We tested 5 price formats that are proven to influence human purchasing decisions. AI agents showed identical selection rates across all formats — complete immunity.

Selection Rate by Price Format (at 1.0x anchor)

All formats show identical 100% selection rate. No statistical difference detected.

$X.99Charm Pricing

Example: $14.99 vs $15.00

Human: +24% conversionAI: 0% lift

The most common psychological pricing tactic. Humans perceive $14.99 as significantly cheaper than $15.00.

$X.00Round Numbers

Example: $15.00 vs $14.99

Human: +8% for premiumAI: 0% lift

Round numbers signal quality and premium positioning to humans. AI ignores this completely.

$X.95Near-Round

Example: $14.95 vs $15.00

Human: +15% conversionAI: 0% lift

A softer version of charm pricing. Still triggers the "left-digit effect" in humans.

$X.49Odd Mid-Point

Example: $14.49 vs $14.50

Human: +12% conversionAI: 0% lift

Creates perception of a "deal" in human psychology. Completely ignored by AI.

$X+1Reference +1

Example: $16.00 vs $15.00

Human: +5% for qualityAI: 0% lift

Slightly above reference price signals quality. AI calculates true value difference.

!

Implication: Stop Optimizing Cents for AI Commerce

Psychological pricing tactics that boost human conversion by 5-24% have zero effect on AI agents. AI calculates true value — the extra cent provides no lift. Focus pricing strategy on actual value proposition and staying within category-specific cliff thresholds instead.

Hypothesis Testing Results

Full methodology →
IDHypothesisStatusp-value
H1Price sensitivity exists

Piecewise model outperforms linear model

CONFIRMED0.011
H2Cliff at 1.25x-2.0x

Breakpoint falls within pre-specified range

PARTIAL0.910
H3Veblen floor

Reduced selection at very low prices

NOT FOUND0.999
H6Model heterogeneity

Different models show different sensitivity

CONFIRMED<0.001
H8No psychological pricing effect

.99 charm pricing has no effect

CONFIRMED
H10Justification shifts cliff

Price justification extends tolerance

NOT FOUND
H11Position bias (primacy)

First-listed product gets selection advantage

CONFIRMED<0.001
H12Category variation

Price sensitivity varies by product category

CONFIRMED

Pricing Strategy for AI Commerce

Based on our findings, here are 5 actionable recommendations for merchants.

1

Know Your AI Channel

Gemini Flash favors brands even at 3x premium (59.4% selection). GPT-5.4 is strictest — stay below 1.75x to maintain advantage. Optimize differently for each AI.

2

Category-Specific Thresholds

Commodities (detergent, protein) cliff at 1.2x. Electronics and skincare tolerate up to 1.5x. Never exceed 2x for any category.

3

Position Matters (+5.5pp)

Being listed first provides a 5.5 percentage point selection advantage. Optimize structured data and third-party presence for primacy.

4

Skip Charm Pricing

Don't waste effort on $X.99 endings. AI agents calculate true value — the extra cent provides zero lift.

5

Quality Claims Won't Save Premium Pricing

Justifying higher prices with quality descriptions doesn't move the cliff. Price sensitivity is structural, not persuadable.

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