profitable price

USAGE SUMMARY

The phrase "profitable price" is correct and usable in written English.
It can be used when discussing a price that is advantageous or beneficial in terms of profit, often in a business or economic context. Example: "To ensure a successful launch, we need to set a profitable price that attracts customers while maximizing our margins."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

11 human-written examples

In matching that barely profitable price, Barnes & Noble aims to do what it's always done: profit from selling books.

Forbes

Suppliers must co-ordinate without negotiation on a mutually profitable price, then stop anybody undercutting it.

The Economist

Now that RIM has eliminated the PlayBook's software shortcomings, the company is still challenged to find a way to sell that tablet at a profitable price.

The New York Times

This suggests that when there are fewer banks in the market, and thus collusion is easier to maintain, they are better able to maintain the profitable price cycle.

The Economist

"We are most interested in having a dynamic world economy," he said, adding: "What we want is a stable, profitable price.

The New York Times

Selling between the high end, and the very low end, MemeBox wants to find value at profitable price points.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

47 human-written examples

Lowe's, for instance, has stressed that with no end in sight to housing woes, it will focus on cost-cutting and information technology to improve profit — like technology that localizes store assortments and picks the most profitable prices.

The New York Times

That, in turn, has allowed Egghead to pursue a more profitable pricing strategy than the ones that dominated the online electronics market last year, Mr. McIntosh said.

The New York Times

That is consistent with the Chinese government's goal of thinning its nation's solar panel industry to produce a few world-leading companies that can set high, profitable prices.

The New York Times

One of G.M.'s greatest challenges, along with the fact that it cannot sell enough vehicles at profitable prices, is that its labor force is shrinking while its retiree population swells.

The New York Times

Examples are the unannounced Metro motormen strike of June 27 causing the largest traffic problem in the history of Paris, & the modern peasant's complaint that deGaulle should subsidize profitable prices for him, glut or no glut, & not import foreign edibles, including Algerian wine.

The New Yorker

Expert writing Tips

Best practice

When setting a "profitable price", carefully analyze your cost structure and desired profit margins to ensure the price point covers all expenses and contributes to overall profitability.

Common error

Avoid setting a "profitable price" in isolation. Neglecting to consider market demand and competitor pricing can lead to pricing that is too high, resulting in low sales volume and reduced overall profits.

Linguistic Context

The phrase "profitable price" functions as a noun phrase where the adjective "profitable" modifies the noun "price". As suggested by Ludwig AI, it indicates a price point at which a business can make a financial gain.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Science

30%

Wiki

10%

Less common in

Formal & Business

5%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "profitable price" is a grammatically correct term used to describe a price point that allows a business to make a profit. Ludwig AI indicates that while not exceedingly common, it is frequently used in News & Media, Science, and Wiki contexts. Related phrases include "productive price" and "lucrative price". Setting a "profitable price" requires careful consideration of costs, market demand, and competitive pressures to ensure both profitability and sales volume.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

productive price

Replaces "profitable" with "productive", emphasizing the price's ability to generate a positive outcome.

lucrative price

Substitutes "profitable" with "lucrative", highlighting the richness and abundance of profit generated.

advantageous price

Replaces "profitable" with "advantageous", focusing on the benefits gained from the price.

gainful price

Substitutes "profitable" with "gainful", stressing the price's capability of yielding a gain or profit.

remunerative price

Replaces "profitable" with "remunerative", emphasizing the compensation or reward aspect of the price.

rewarding price

Substitutes "profitable" with "rewarding", highlighting the satisfaction and benefits gained from the price.

worthwhile price

Replaces "profitable" with "worthwhile", emphasizing that the price is justified by the benefits it provides.

viable price

Substitutes "profitable" with "viable", focusing on the price's ability to sustain business operations.

successful price

Replaces "profitable" with "successful", focusing on the desired outcome achieved with the current price.

favorable price

Replaces "profitable" with "favorable", emphasizing the price's positive aspects.

FAQs

How is a "profitable price" determined?

A "profitable price" is determined by calculating the cost of goods or services and adding a markup that ensures a profit margin, while also considering market demand and competitive pricing.

What factors influence the setting of a "profitable price"?

Factors influencing a "profitable price" include production costs, operating expenses, market demand, competition, perceived value, and economic conditions. Accurately assess these elements to ensure a viable and rewarding price.

What are some strategies for maintaining a "profitable price" in a competitive market?

Strategies for maintaining a "profitable price" include differentiating your product or service, enhancing perceived value, focusing on customer service, targeting niche markets, and implementing cost-saving measures without compromising quality.

Is there a difference between a "profitable price" and an "affordable price"?

Yes, a "profitable price" ensures the seller makes a profit, while an "affordable price" is one that buyers can comfortably pay. Balancing both is key for long-term success.