change price

USAGE SUMMARY

The phrase "change price" is correct and usable in written English.
It can be used when referring to the act of altering the cost of a product or service. Example: "Due to increased production costs, we need to change the price of our new product."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

13 human-written examples

Because such assets are traded rarely, they change price rarely as well.

The Economist

Adding a carbon tax or regulating carbon trading could also change price incentives, increasing demand for nuclear and renewable energy sources.

The New York Times

The International Food Policy Research Institute IFPRII) forecasts that rice will rise between 32-37% by 2050 as a result of climate change; price rises for wheat and maize are also expected.

The Guardian

In the case of dairy farmers, average dairy contracts are worth well over $300,000 but supply agreements often do not state a clear price because processors change price over the life of the annual agreements.

The Guardian

The form of A is multitudinous in BS, such as volume, turnover, change, price, etc.

EURASIP Journal on Wireless Communications and Networking

This finding is consistent with previous studies for other countries that find BSE outbreaks fundamentally change price relationships.

Agricultural and Food Economics

Human-verified similar examples from authoritative sources

Similar Expressions

46 human-written examples

Everyday market forces — technological change, price-driven competition and new sources of supply — also helped reduce prices.

The New York Times

So companies tend not to change prices all that often.

The New Yorker

Traders regularly put price reporters under pressure to change prices they disagree with.

The Guardian - Business

Ms. Schulz said sophisticated retailers set algorithms to change prices in response to competitors.

The New York Times

Most bosses assume they can change prices often and with little effort.

The Economist

Expert writing Tips

Best practice

When discussing pricing strategies, be specific about the reason for the price change, such as market conditions, production costs, or competitive pressures.

Common error

Avoid abruptly changing prices without informing customers or providing a clear explanation for the adjustment. This can erode trust and damage your brand reputation.

Linguistic Context

The phrase "change price" functions as a verb phrase where 'change' acts as a transitive verb taking 'price' as its direct object. The structure indicates an action performed on the price. Ludwig examples show it's used to describe the action of altering a cost.

Expression frequency: Common

Frequent in

News & Media

30%

Science

25%

Wiki

15%

Less common in

Formal & Business

10%

Academia

10%

Reference

10%

Ludwig's WRAP-UP

The phrase "change price" is a grammatically correct and commonly used term that describes the act of altering the cost of a product or service. As confirmed by Ludwig, it's most frequently found in News & Media, Science and Wiki contexts. Alternatives include "adjust the price" or "modify the price". When using this phrase, it is best practice to be transparent about the reasons behind the change. Failing to do so can erode customer trust. Ludwig's examples show that the expression is used in a variety of reliable sources.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

adjust the price

Replaces "change" with "adjust", implying a fine-tuning of the price.

modify the price

Uses "modify" instead of "change", suggesting a more substantial alteration.

alter the price

Substitutes "change" with "alter", indicating a transformation of the price.

vary the price

Replaces "change" with "vary", highlighting the fluctuating nature of the price.

revise the price

Implies a review and subsequent change to the price.

lower the price

Specifies the direction of the price change.

increase the price

Indicates the price is going up.

set a new price

Focuses on establishing a new price point rather than modifying an existing one.

fluctuate the price

Describes the act of the price changing in an irregular way.

reprice

A shorter, more direct verb for changing the price.

FAQs

What can I say instead of "change price"?

You can use alternatives like "adjust the price", "modify the price", or "alter the price" depending on the context.

What is the difference between "change price" and "adjust price"?

"Change price" is a general term for altering the price, while "adjust price" often implies a finer, more precise alteration.

When is it appropriate to "change price"?

It is appropriate to "change price" when there are shifts in market conditions, production costs, competitive landscape, or when implementing a new pricing strategy.

How does climate change affect the need to "change price" of goods?

Climate change can cause price volatility due to disruptions in supply chains and increased production costs, necessitating the need to "change price" to reflect these factors.