What's the Psychological Meaning Behind Crossed-Out Prices?

[Suba]

When we visit shopping malls or even open online shopping apps, we often encounter crossed-out prices. These prices represent the original price of the product, followed by a new, lower price or discount.
By examining crossed-out prices, we can understand their psychological significance, such as the anchoring effect, allowing consumers to compare prices and determine how much money they can save, and informing them of discounts.

 

[Augusta]

I believe it is to work on the minds or yhr emotions of the customers to enable them see reasons to buy