Pricing (Noun)
Meaning
The evaluation of something in terms of its price.
Classification
Nouns denoting cognitive processes and contents.
Examples
- The company's pricing strategy is based on the value added to the customer.
- Dynamic pricing is used in many industries, including airlines and hotels.
- The store manager is responsible for setting the pricing for all items on sale.
- The team conducted market research to inform their pricing decisions.
- Competitive pricing is essential in the retail industry to stay ahead of the competition.