pricing

USAGE SUMMARY

The word "pricing" is correct and usable in written English.
You can use it in various contexts, such as when you are discussing the cost of products or services. For example, you could say, "We need to review our pricing structure to ensure that we remain competitive in the market."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

A pricing dispute prompted the country to reorient its exports towards China, aided by the opening of a pipeline connecting the two countries in 2009.

The Guardian

It had high profit margins and real pricing power, even as it was paying its workers union wages.

The Economist

Lamb added that if the Lib Dems were part of the next government,"we would go further and introduce minimum unit pricing for alcohol, subject to the outcome of the legal challenge in Scotland.

The Guardian

This means minimum pricing and restricted licensing hours.

The Guardian

No pricing information was announced, but the service will be also be available in two – as yet unspecified – international markets.

The Guardian

Pearson said what limited evidence there was on minimum pricing suggested it could help but it was not definitive.

The Guardian

Various pricing models will be tested, from traditional levels such as 49p and 99p per episode to potentially offering shows for free on a promotional weekend.

The Guardian

All3Media commercial director and former Channel 4 senior digital executive, Andy Taylor, said the app is being viewed as an experiment to test pricing, appetite and extend the reach of its programmes.

The Guardian

Community concern about carbon pricing did abate after its introduction.

The Guardian

Labor's failure to embrace Malcolm Turnbull's bipartisanship when it was on offer, to campaign vigorously and go to an election early on carbon pricing in late 2009 or early 2010, and the twists and turns of Labor policy since have all fuelled this fire of opposition.

The Guardian

Labor is on the right side of history on carbon pricing and must hold its course.

The Guardian

Expert writing Tips

Best practice

When writing about "pricing", consider the target audience and adjust your tone accordingly. Formal reports may require more technical language, while marketing materials might benefit from a more persuasive style.

Common error

Avoid assuming that a single "pricing" strategy works for all products or markets. Tailor your approach to the specific context and customer base.

Linguistic Context

The primary grammatical function of "pricing" is as a noun, referring to the act of setting a price or the level at which a price is set. As confirmed by Ludwig AI, the word is grammatically correct and can be used in various contexts.

Expression frequency: Very common

Frequent in

News & Media

35%

Formal & Business

30%

Science

20%

Less common in

Encyclopedias

5%

Wiki

5%

Reference

5%

Ludwig's WRAP-UP

In summary, "pricing" functions primarily as a noun, denoting the act of setting a price or the level at which a price is established. As affirmed by Ludwig AI, the word is grammatically correct. Its usage spans across diverse contexts, including news reports, formal business discussions, and scientific analyses. Authoritative sources like The Guardian and The Economist frequently employ this term. When using "pricing", consider being specific about the type of pricing strategy, avoiding generalizations, and tailoring your approach to the target audience. Related terms such as "costing" and "price setting" offer alternative ways to express similar concepts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

price setting

Emphasizes the action of establishing a price.

price determination

Highlights the process of figuring out the appropriate price.

costing

Focuses on the process of determining the cost, rather than setting the price.

price levels

Refers to different tiers or ranges of prices.

price strategy

Highlights the overall plan or approach to pricing.

rate structure

Refers specifically to the framework of rates applied.

price policy

Implies a set of rules or guidelines for pricing.

valuation

Suggests assessing the worth or value, which influences pricing.

fee schedule

Indicates a structured list of fees for services.

monetary value

General term for how much something costs.

FAQs

How is "pricing" used in a business context?

In business, "pricing" refers to the process of determining the value of a product or service. It involves analyzing costs, market conditions, and competitor prices to set a price that maximizes profitability while remaining competitive.

What are some common types of "pricing" strategies?

Common "pricing strategies" include cost-plus pricing, competitive pricing, value-based pricing, and dynamic pricing. The best strategy depends on the product, market, and business goals.

How does "pricing" affect consumer behavior?

"Pricing" significantly influences consumer behavior. Lower prices can attract more customers, while higher prices can signal higher quality or exclusivity. Understanding price elasticity is crucial for effective pricing decisions.

What is the difference between "pricing" and "valuation"?

"Pricing" is the act of setting a price, while "valuation" is the process of determining the economic worth of an asset or company. "Pricing" relies on market conditions and business strategy. Valuation requires in depth financial metrics and technical indicators to find the fair price of the underlying asset.