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- Dictionaryhigh-priced
adjective
- 1. costing a great deal; expensive: "high-quality and high-priced furniture"
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3 days ago · Examples from books and articles. loading examples... Word Family. expensiveness. expensive. inexpensive. expensive expenditure. the "expend" family. the quality of being high-priced.
Jun 24, 2024 · Psychological pricing is a strategy that has been used by businesses for decades to influence consumer behavior and increase sales. It is based on the idea that consumers are not always rational decision-makers and are often influenced by subtle psychological cues when making purchasing decisions....
Jun 17, 2024 · Value-based pricing is just one of the most common pricing strategies in marketing today. It stands as an alternative to common options like “competition-based” pricing and “cost-plus pricing.”. Both of these alternative approaches to pricing have benefits and are relatively easy to implement.
Jun 20, 2024 · This strategy allows firms to maximize profits by extracting more value from customers who are willing to pay higher prices while still attracting price-sensitive consumers with lower prices. Price discrimination can be based on various factors, such as location, time of purchase, age, or even individual purchasing history.
Jul 1, 2024 · Price levels are leading indicators in the economy; rising prices indicate higher demand leading to inflation while declining prices indicate lower demand or deflation.
Jul 2, 2024 · Competitive pricing is a type of pricing strategy that adjusts prices against those of competitors. The aim is to establish market prices that are relative to competitors' products.
Jun 14, 2024 · What is product pricing? Product pricing is the process of determining the quantitative value of a product based on both internal and external factors. Product pricing has a direct impact on the overall success of your business, from cash flow to profit margins to customer demand.
