price sensitive

USAGE SUMMARY

The phrase "price sensitive" is grammatically correct and commonly used in written English.
It refers to the responsiveness of consumers or markets to changes in the prices of goods or services. Example: "The company's latest marketing strategy aims to attract price-sensitive customers by offering discounted prices on their most popular products."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

22 human-written examples

Hester warns they are "price sensitive".

The Guardian - Business

"It doesn't get more price sensitive than that".

The New York Times

Right now people are so price sensitive for vehicles".

The New York Times

"But there are market segments even among young people that are not price sensitive.

The New York Times

It is a solution that assumes investors are ready to be price sensitive.

The New York Times

Conference activists cheer attacks on market forces, but remain price sensitive.

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

38 human-written examples

"It's price-sensitive.

The New York Times

That makes shoppers highly price-sensitive.

The Economist

"What we're doing is more price-sensitive.

The New York Times - Food

"It is a strong but price-sensitive market," he said.

The New York Times

"This audience is very price-sensitive," Mr. Savikas said.

The New York Times

Expert writing Tips

Best practice

When describing consumer behavior, specify the product or service to which consumers are "price sensitive". For example, "Consumers are highly "price sensitive" when purchasing gasoline."

Common error

Avoid assuming all consumers are "price sensitive" in every market. Different demographics exhibit varying degrees of "price sensitivity" depending on factors like income, brand loyalty and perceived value.

Linguistic Context

The phrase "price sensitive" functions as an adjective modifying a noun, describing the degree to which something (like consumers or a market) is affected by changes in price. Ludwig's examples illustrate this usage across diverse contexts.

Expression frequency: Common

Frequent in

News & Media

50%

Science

25%

Formal & Business

25%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "price sensitive" is a common and grammatically sound adjective phrase used to describe the degree to which consumers, markets, or products are responsive to price changes. As indicated by Ludwig, it finds frequent application in news, science, and business contexts. When writing, ensure that you specify the object or group of subjects to which the "price sensitivity" applies and consider alternative phrases like "cost conscious" or "value seeking" for nuanced meanings. The phrase's prevalence in authoritative sources validates its reliability and appropriateness across diverse writing styles.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

cost conscious

Focuses more on the awareness of cost rather than the reaction to price changes.

economically responsive

Broader term suggesting sensitivity to economic factors, not exclusively price.

budget aware

Implies consideration of budget constraints when making decisions.

cost minimizing

Highlights the active effort to reduce expenses.

value seeking

Suggests an active search for the best deal, implying price sensitivity.

discount oriented

Highlights a preference for discounted prices and promotional offers.

thrifty

Describes a general tendency to avoid unnecessary spending.

frugal

Similar to thrifty but may suggest a more careful and deliberate approach to saving money.

penny-wise

Suggests being careful about small amounts of money.

cheap

Informal and sometimes negative connotation, directly implying a focus on low prices.

FAQs

How can I use the term "price sensitive" in a sentence?

You can use "price sensitive" to describe consumers, markets, or even products that are significantly affected by price changes. For example, "The market for generic drugs is highly "price sensitive"."

What's a good alternative to saying "price sensitive"?

Depending on the context, you could use terms like "cost conscious", "value seeking", or "budget aware".

What does it mean when something is described as "price sensitive"?

When something is described as "price sensitive", it means that its demand or value is strongly influenced by changes in its price. A small change in price can lead to a significant change in demand.

Is there a difference between being "price sensitive" and "price conscious"?

While related, "price sensitive" implies a direct and significant impact on behavior due to price fluctuations, whereas "price conscious" suggests a general awareness and consideration of prices in decision-making.