price rationale

USAGE SUMMARY

"price rationale" is correct and usable in written English. You can use it when discussing the reasoning or justification behind a specific price point or pricing strategy. For example, "The price rationale for the new product is based on its unique features and market demand." Alternative expressions include "pricing justification" and "cost reasoning."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

Royalty Pharma had encouraged shareholder to vote against the purchases, criticizing their price and rationale.

The New York Times

While the immediate catalyst for economic restructuring is the impact of the sharp fall in international oil prices, the rationale for these reforms has been evident for much longer.

The Guardian - Business

(Discounting race horses, which Mr. Elkins also owned, is apparently easier to do). After presenting exhaustive data on the prices and rationale for discounting each piece, the estate settled on a discount of 44.75 percent for the entire collection.

The New York Times

Although many issues are still pending, incorporation of value and affordability into the product price, comprise essential rationale for its further dissemination.

Cost Effectiveness and Resource Allocation

There's little rationale behind price targets, yet few things move a stock more dramatically than a change in a price target.

Forbes

The rationale, which Price offered repeatedly, is that he followed the letter of the congressional ethics rules.

The New Yorker

As we waited, I insisted that the reason government bureaus could seem so bureaucratic was that, by their nature, they have to be inclusive, and they can't inflict the basic market rationale of price differences upon their customers.

The New Yorker

Selling refineries in the worst refining market in over a decade would ensure a bad price and contradict the rationale for the Saudi investment.

Forbes

This is a consequence of price projections employing the rationale of information disseminated through prices and proves to be the reason for the positive slope of the gold investment demand curve over a prevalent range of price levels (Sazonov and Nikolaev, 2013).

Financial Innovation

Zendesk doesn't even really do that, they've just communicated the new fees and keep pointing customer who complain to the grandfathering terms, which do not explain the rationale behind the price hikes either.

TechCrunch

"You've got to have a strong value proposition that provides a clear rationale for pricing," said George Morrow, executive vice president for worldwide sales and marketing at Amgen.

The New York Times - Health

Expert writing Tips

Best practice

When discussing pricing, ensure that the "price rationale" is clearly articulated and supported with relevant data or market analysis. This enhances transparency and builds trust with stakeholders.

Common error

Avoid vagueness when explaining the "price rationale". Provide specific details and evidence to support the pricing decision; otherwise, it may appear arbitrary or unjustified.

Linguistic Context

The phrase "price rationale" primarily functions as a noun phrase. It refers to the underlying reason or justification for a particular price. According to Ludwig AI, this term is grammatically correct, albeit not very common.

Expression frequency: Rare

Frequent in

News & Media

35%

Science

33%

Formal & Business

32%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "price rationale" is a grammatically sound phrase used to denote the reasoning behind a specific price. While Ludwig AI confirms its correctness, it's worth noting that the phrase is relatively uncommon. As the analysis reveals, the phrase finds relevance across news, science, and formal business contexts, with its primary function being to justify or explain pricing strategies. When writing, clarity is paramount: ensure the "price rationale" is well-supported with evidence to avoid perceptions of arbitrariness. Alternatives such as "pricing justification" or "pricing logic" can also be used.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Pricing justification

Emphasizes the act of justifying a price, focusing on the defense or support provided for it.

Pricing logic

Highlights the underlying reasoning and principles that determine a price.

Cost justification

Focuses on the justification of costs involved in setting the price.

Pricing strategy rationale

Specifically refers to the reasoning behind a chosen pricing strategy.

Basis for pricing

Indicates the foundation or grounds on which a price is established.

Underlying reason for price

Directly points to the fundamental reason behind a specific price.

Price determination factors

Highlights the elements and reasons that determine a price.

Pricing considerations

Focuses on the factors taken into account when setting a price.

Price setting justification

Emphasizes the justification of setting a particular price point.

Pricing model rationale

Refers to the reasoning behind a specific pricing model's design and implementation.

FAQs

How can I use "price rationale" in a sentence?

You can use "price rationale" to explain the reasoning behind a specific price. For instance, "The "pricing justification" was based on the product's superior features and market demand."

What's a good alternative to "price rationale"?

Alternatives include "pricing justification", "pricing logic", or "cost justification". The best choice depends on the specific context.

Why is it important to have a clear "price rationale"?

A clear "price rationale" helps customers understand the value they are receiving, justifies the cost, and builds trust in the pricing strategy. It can also help in marketing and sales efforts.

What factors typically influence the "price rationale"?

Factors influencing the "price rationale" include production costs, market demand, competitor pricing, perceived value, and strategic goals such as market share or profitability.