Price Format Comprehension

PFCPerceived Ease of Understanding a Price Format
5 items 2016 α .89–.92 Free Wieseke, J., Kolberg, A., & Schons, L.M.

What it measures

Measures how easy, clear, and convenient a consumer finds a particular price format to understand and use. Five bipolar adjective pairs evaluate the format across dimensions of cognitive complexity, practicality, comfort, comprehensibility, and general convenience. Created because no established measure was available in the literature. Used across multiple studies investigating the convenience effect of round versus non-round price endings. AVEs across administrations ranged from .62 to .70, with factorial structure and discriminant validity confirmed analytically.

Response format

7-point bipolar semantic differential (approximate)

Scale items

Full scale items shown. Always cite the original source when using this scale in research.

Usage notes & scoring

Number of scale points not explicitly stated; appears to be seven. Scale instructions were not published. AVEs: .62–.70. Factorial structure and discriminant validity confirmed but detailed results not reported. Items drawn from existing convenience-related scales in the literature.

Recommended companion scales

Price PerceptionPrice FairnessCognitive Load

Citation

Wieseke, J., Kolberg, A., & Schons, L.M. (2016). Life could be so easy: The convenience effect of round price endings. Journal of the Academy of Marketing Science, 44(4), 474–494.

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Keywords

#pricing#priceformat#comprehension#cognitiveease#roundprices#convenience#priceperception
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