competitive pricing

USAGE SUMMARY

"competitive pricing" is correct and usable in written English.
It is usually used in business contexts to describe product and service pricing that is competitive and/or lower than the competition. For example, "Our company offers competitive pricing on all our products and services."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Naturally competition in the domain registry market means competitive pricing, which will bring registry prices down.

Forbes

Lower prices, lower emissions, greater diversification, more competitive pricing.

The New York Times

But they do little to encourage competitive pricing themselves.

The Economist

It would be really unfortunate in terms of competitive pricing.

The New York Times

XYZ was caught squarely in a competitive pricing trap.

Harvard Business Review

Competing automakers, meanwhile, are treating their midsize sedans to advanced powertrains, distinctive designs and competitive pricing.

The New York Times

Americans are already accustomed to fiercely competitive pricing and to 24/7 shopping.

The Economist

Competitive pricing "is perceived as a better value to our customers," he wrote.

The New York Times

There are players in the industry who were unhappy about more competitive pricing for the consumers.

The New York Times

Its owners said the idea is convenience, competitive pricing and standardized care.

The New York Times

"Competitive pricing over the Thanksgiving holiday period caused more margin pressure than we would have expected".

The New York Times

Expert writing Tips

Best practice

Use "competitive pricing" strategically to position your product or service in the market, emphasizing how it compares to competitors' offerings.

Common error

Don't rely solely on "competitive pricing". It's crucial to also highlight the quality, features, and benefits of your product or service to create a compelling value proposition. Customers often seek the best overall value, not just the lowest price.

Linguistic Context

The phrase "competitive pricing" functions primarily as a noun phrase, where "competitive" modifies the noun "pricing". It describes a pricing strategy or characteristic. Ludwig AI indicates that the phrase is grammatically correct and usable in written English.

Expression frequency: Very common

Frequent in

News & Media

50%

Formal & Business

25%

Science

15%

Less common in

Wiki

5%

Academia

3%

Reference

2%

Ludwig's WRAP-UP

"Competitive pricing" is a widely used term in business and economics to describe pricing strategies that match or undercut competitor prices. Ludwig AI confirms its grammatical correctness and usability. It is frequently found in news articles, business reports, and even scientific contexts, making it a versatile phrase. While useful for attracting customers, remember that focusing solely on price can be a mistake; highlighting value and quality remains critical. Related terms include "affordable prices" and "value pricing".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

competitive rates

Synonymous with "competitive pricing", often used in the context of services or financial products.

value pricing

Emphasizes the value received by the customer relative to the price paid.

cost-effective pricing

Highlights the balance between cost and effectiveness, implying value for the investment.

affordable prices

Emphasizes the affordability aspect of pricing, suitable when highlighting budget-friendliness.

attractive pricing

Highlights the appeal of the price to potential customers, suggesting it is likely to draw them in.

reasonable prices

Focuses on fairness and justification in pricing, suggesting good value for money.

market-based pricing

Indicates that prices are determined by market conditions and competition.

discounted prices

Suggests a reduction from the standard price, often used in promotional contexts.

cut-rate prices

Implies prices that are significantly lower than the competition, often associated with a no-frills approach.

promotional pricing

Refers to temporary price reductions aimed at boosting sales or attracting new customers.

FAQs

How is "competitive pricing" used in business?

"Competitive pricing" is used to attract customers by offering prices that are equal to or lower than those of competitors. It's a common strategy to gain market share or increase sales volume.

What are some strategies to achieve "competitive pricing"?

Strategies include reducing production costs, negotiating better deals with suppliers, streamlining operations, and accepting lower profit margins in the short term. These measures help enable you to offer "affordable prices".

What's the difference between "competitive pricing" and predatory pricing?

"Competitive pricing" aims to match or slightly undercut competitor prices to attract customers. Predatory pricing, on the other hand, involves setting prices extremely low, often below cost, to drive competitors out of the market. Predatory pricing is often illegal.

What can I say instead of "competitive pricing"?

You can use alternatives such as "affordable prices", "reasonable prices", or "value pricing" depending on the context.