minimum price point

USAGE SUMMARY

The phrase "minimum price point" is correct and usable in written English.
It can be used when discussing the lowest price at which a product or service can be sold without incurring a loss. Example: "The minimum price point for this product is set at $20 to ensure profitability."

✓ Grammatically correct

News & Media

Wiki

Science

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

While Apple runs a great platform that facilitates a number of sales for other music streaming services, 30percentt really is way too steep a fee for recurring in-app purchases, especially when deals with record companies pretty much mandate the $10 monthly subscription price as a minimum price point.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

Consider having a minimum price level.

WikiHow

"The 50p per unit minimum price is an appropriate starting point which is fair and 'proportionate' to help combat the low cost sales of alcohol we see around us every day, which contribute to the abuse of alcohol problems within Scotland".

BBC

But the government and EDF have not yet agreed on how to guarantee a minimum price for the electricity from Hinkley Point.

The New York Times

The minimum price of each selected item.

Journal of Modern Power Systems and Clean Energy

Davey agreed a minimum price of £92.50 for every megawatt hour (MWh) of energy Hinkley Point generates – almost twice the current wholesale cost of electricity.

The Guardian

The taxi commission's feud with Uber reached a boiling point last year after D.C. lawmakers nearly snuck through a minimum price for their smartphone car service.

TechCrunch

When the minimum incentive is included, both the Chevy Bolt and Tesla Model 3 will retail for under $30,000 — a key price point in the U.S. market.

TechCrunch

And, as they point out, Fairtrade doesn't provide farmers with any greater guarantee of future income, since it sets a minimum price but not a minimum size of order.

The Guardian

The minimum price tops $1 million.

The New York Times

Price point is paramount.

The New York Times

Expert writing Tips

Best practice

When discussing business strategy or pricing models, use "minimum price point" to clearly define the lowest price at which a product or service can be offered while maintaining profitability or adhering to legal requirements.

Common error

Avoid using "minimum price point" when you actually mean the average or typical price. "Minimum price point" specifies the floor, not the central tendency.

Linguistic Context

The phrase "minimum price point" functions as a noun phrase, typically used as a subject or object in a sentence. As Ludwig AI shows, it helps define the lowest limit for pricing strategies.

Expression frequency: Rare

Frequent in

News & Media

30%

Wiki

25%

Formal & Business

20%

Less common in

Science

15%

Encyclopedias

5%

Academia

5%

Ludwig's WRAP-UP

The phrase "minimum price point" is a noun phrase denoting the lowest acceptable price for a product or service. As Ludwig AI confirms, it is grammatically correct. Although the term is not frequently encountered, it is valuable in contexts such as business strategy, economics, and regulation to clearly identify pricing boundaries. Alternatives such as "lowest acceptable price" or "price floor" may be used depending on the specific context. When using the phrase, ensure that it accurately reflects the lower limit rather than an average or typical price.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

lowest acceptable price

Focuses on acceptability rather than a specific point.

base price level

Emphasizes the foundation or starting level of pricing.

minimum selling price

Highlights the act of selling and the lowest price for it.

price floor

Uses economic terminology for a legally established minimum price.

starting price

Emphasizes the beginning of the price range.

entry-level price

Indicates the price for the most basic or affordable option.

rock-bottom price

Implies the lowest possible price, often used informally.

threshold price

Highlights the price that acts as a boundary or limit.

basic price

Indicates a simple, unadjusted price.

lowest price threshold

Combines the ideas of a lower limit and a specific price.

FAQs

How can I use "minimum price point" in a sentence?

You might say, "The company established a "minimum price point" to ensure profitability" or "The regulator set a "minimum price point" to prevent predatory pricing practices".

What is an alternative to "minimum price point"?

Consider using alternatives like "lowest acceptable price", "price floor", or "base price level" depending on the context.

What does "minimum price point" mean in business?

In a business context, "minimum price point" usually refers to the lowest price at which a product or service can be sold without incurring a loss or violating regulations. It's a crucial factor in pricing strategy and profitability analysis.

Is there a legal definition of "minimum price point"?

While there may not be a universal legal definition, certain industries or jurisdictions may regulate pricing to establish a de facto "minimum price point" to prevent unfair competition or protect consumers.