cost-effective pricing

USAGE SUMMARY

The phrase "cost-effective pricing" is correct and usable in written English.
It can be used when discussing pricing strategies that provide good value for money while minimizing costs. Example: "Our new product line features cost-effective pricing, making it accessible to a wider audience without compromising quality."

✓ Grammatically correct

Science

News & Media

Academia

Formal & Business

Wiki

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

As soon as sufficient clinical data are available, formal health economic models can be used to establish information needs for further clinical trials or scenarios for cost-effective pricing strategies.

BMC Health Services Research

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

Organisations such as Creditsafe can provide this service at a hugely cost-effective price.

The Guardian

The Net-to-Switch model for academic and administrative departments provides highly reliable network equipment and centralized, expert monitoring and support at a cost-effective price.

Stanford University

"The concept is to be a reliable go-to retailer for better everyday pieces at cost-effective price points," Mr. Armas said.

The New York Times

With an ultra-compact size and cost-effective price point, this system will offer clinicians unprecedented access to the preferred radiopharmaceutical isotope for cardiac PET imaging.

Nuclear Instruments and Methods in Physics Research Section A: Accelerators, Spectrometers, Detectors and Associated Equipment

Now it only works if it's a cost-effective price.

The Journal of Chinese Sociology

Clients should expect the same high-quality work that they are accustomed to, at cost-effective prices.

Johns Hopkins University

In fact, the two markets have similarities – buyers want to get the highest quality product for the most cost-effective price.

Forbes

To illustrate, the above-mentioned ICON report suggests that more than a third of leading payers surveyed said it was likely or extremely likely that they would request a rebate to match the net ICER cost-effective price.

Forbes

For firms to be competitive, they must also possess or collaborate with legal operations teams that provide transparent, efficient, real-time accessible, cost-effective, price-predictable, expert legal delivery capability.

Forbes

A CMOS camera (Fig. 2, left side) was used as the image sensor in our reader because of the stable image quality it produces and its cost-effective price [19].

Nanoscale Research Letters

Expert writing Tips

Best practice

When discussing pricing strategies, specify the context to illustrate the "cost-effective pricing". For example, mention the target market, the specific benefits offered, or the alternatives being compared.

Common error

Avoid using "cost-effective pricing" without providing supporting evidence or context. Claims of cost-effectiveness should be backed by data or specific comparisons to justify the assertion.

Linguistic Context

The phrase "cost-effective pricing" functions as an adjective phrase modifying a noun. It's used to describe a pricing strategy or model that balances affordability with the value or benefits offered. As supported by Ludwig AI, it is a proper english term.

Expression frequency: Common

Frequent in

News & Media

32%

Science

32%

Formal & Business

16%

Less common in

Academia

12%

Wiki

6%

Reference

0%

Ludwig's WRAP-UP

In summary, "cost-effective pricing" is a grammatically sound and commonly used phrase that describes a pricing strategy balancing affordability and value. As Ludwig AI confirms, it is indeed suitable for written English. It's prevalent in contexts such as News & Media and Science, with a professional and neutral register. When using this phrase, provide specific context to support claims of cost-effectiveness. Alternatives include "economical pricing", "affordable pricing", and "value pricing". Understanding the nuances of these alternatives can refine your message and ensure clarity in communicating pricing strategies.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economical pricing

Focuses on minimizing expenses, emphasizing the frugality aspect of the pricing strategy.

affordable pricing

Highlights the accessibility of the price point for a broader range of customers.

value pricing

Emphasizes the perceived value received by the customer in relation to the price paid.

competitive pricing

Stresses the alignment of prices with those of competitors in the market.

budget-friendly pricing

Implies suitability for customers with limited financial resources.

efficient pricing

Highlights the streamlined and optimized nature of the pricing process or strategy.

reasonable pricing

Suggests fairness and justification in the price charged.

accessible pricing

Focuses on making the product or service available to a wide audience through its price.

optimal pricing

Emphasizes the strategic calculation to achieve the best possible balance between cost and profit.

good value for money

Directly relates price to the benefits or utility gained by the consumer.

FAQs

How can I use "cost-effective pricing" in a sentence?

You can use "cost-effective pricing" to describe a pricing strategy that offers good value for money. For instance, "The company adopted a "cost-effective pricing" model to attract more customers".

What are some alternatives to "cost-effective pricing"?

Alternatives include "economical pricing", "affordable pricing", or "value pricing". The best choice depends on the specific nuance you want to convey.

Is "cost-effective pricing" the same as "low pricing"?

No, "cost-effective pricing" implies a balance between cost and value, whereas "low pricing" simply refers to a low monetary cost. A product with low pricing may not necessarily be a good value, and thus not "cost-effective". On the other hand, something can have "cost-effective pricing" without having a low pricing because it offers a greater added value.

When is it appropriate to use the term "cost-effective pricing"?

Use "cost-effective pricing" when you want to emphasize that a product or service offers a good balance between its price and the value or benefits it provides. It's suitable when the intention is to show that customers are getting their money's worth.