market-competitive

USAGE SUMMARY

The phrase "market-competitive" is correct and usable in written English.
It can be used to describe a product, service, or salary that is comparable to others in the market, often implying that it is attractive or favorable in a competitive context. Example: "Our new pricing strategy is designed to be market-competitive, ensuring we attract more customers."

✓ Grammatically correct

Academia

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

14 human-written examples

Boards will likely become more conservative on pay increases, even though they will continue to offer market-competitive pay to help retain executives.

Harvard University

The bank says that its workers' wages are market-competitive and combine base pay with "a broad array of benefits and career-development opportunities".

The Guardian - Business

With technologies such as offshore wind and electric cars reaching market-competitive prices, the potential for even more radical shifts in the economy is growing.

The Washington Post

Boards will likely become more conservative on pay increases, even though they will continue to offer market-competitive pay to help retain executives in what still appears to be a competitive labor market.

Harvard University

The SRP will make solar a practical alternative, by committing a 10-year timeframe for establishing the new base of scientific knowledge it will take to draw a market-competitive energy supply from the sun," said Daniel Nocera, the Henry Dreyfus Professor of Energy and Professor of Chemistry at MIT, who will direct the SRP.

Massachusetts Institute of Technology

Its exceptional attributes, including high carrier mobility, an adjustable spectral absorption range, long diffusion lengths, and the simplicity and affordability of fabrication render it one of the most exceptional and market-competitive optoelectronic materials for applications in photovoltaics, light emitting diodes (LED), photodetectors, lasers, and more.

Nano Today

Human-verified similar examples from authoritative sources

Similar Expressions

46 human-written examples

This agreement will help to keep the market competitive, dynamic and quite healthy".

The New York Times

In the current environment of flash semiconductor market, competitive cycle times are the key to success.

IFAC Proceedings Volumes

"They enjoy opaque, non-market competitive advantages that serve to smother the real private sector and its dynamism.

The New Yorker

This system aims to be market competitive and to restore faith in transporting urban freight by rail.

Simulation Modelling Practice and Theory

Powerful market, competitive, and economic forces overwhelmed a system whose safety and soundness were dependent on containing those forces.

Harvard Business Review

Expert writing Tips

Best practice

When describing salaries or compensation packages, use "market-competitive" to assure potential employees that your offer aligns with industry standards.

Common error

While "market-competitive" is accurate, avoid overuse in promotional content. Instead, highlight specific benefits or unique selling points to differentiate your product or service effectively.

Linguistic Context

The phrase "market-competitive" functions primarily as a compound adjective. It modifies nouns to describe attributes like pricing, compensation, or product features that are benchmarked against what other companies/products offer within the market. This is supported by Ludwig's examples, which showcase its use in various contexts.

Expression frequency: Uncommon

Frequent in

News & Media

44%

Science

28%

Academia

22%

Less common in

Formal & Business

6%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The term "market-competitive" functions as a compound adjective indicating that something aligns with or surpasses current market standards. Ludwig AI confirms the grammatical correctness and usability of the phrase. It's frequently employed in business, academic, and news contexts, emphasizing comparability to market rates, especially in relation to compensation, pricing, and product features. To use it effectively, ensure that it aligns with the specific offering's position relative to market benchmarks. Although widely accepted, avoid overuse in marketing materials. Alternatives include phrases like "competitive in the market" or "commercially viable", contingent on context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

competitive in the market

This alternative directly emphasizes competitiveness within a market environment.

commercially viable

This focuses on the financial aspect of being able to succeed in the market.

economically feasible

Highlights the economic practicality of a product or strategy.

cost-effective

Emphasizes the value for money in relation to competitors.

pricing competitively

Focuses specifically on pricing strategies in the market.

able to compete

A more general term that stresses the capacity to participate successfully.

on par with the market

Indicates equivalence with existing market standards.

meeting market standards

Highlights the importance of meeting required standards.

in line with market prices

Focuses directly on alignment with current market pricing.

competitive edge

This alternative implies a more advanced or aggressive competition in the market

FAQs

How can I use "market-competitive" in a sentence?

You can use "market-competitive" to describe pricing, salaries, or product features that are in line with or better than what competitors offer. For example, "We offer a "market-competitive" salary and benefits package."

What are some alternatives to "market-competitive"?

Alternatives include "competitive in the market", "commercially viable", or "economically feasible" depending on the context.

Is it better to say "market-competitive" or "competitive market"?

"Market-competitive" describes something that competes well within a market. "Competitive market" describes a market characterized by intense competition. The choice depends on what you want to emphasize.

What does "market-competitive" mean in the context of salary negotiations?

In salary negotiations, "market-competitive" means that the proposed salary is similar to what other companies are paying for similar roles with similar levels of experience. It suggests a fair and reasonable offer based on industry standards.