substantial price reduction

USAGE SUMMARY

The phrase "substantial price reduction" is correct and usable in written English.
It can be used when discussing a significant decrease in the cost of a product or service. Example: "The store is offering a substantial price reduction on all winter clothing to make room for the new spring collection."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

Even with the substantial price reduction – at $109.99, MLB.tv's premium offering will have its cost slashed by $20 – this settlement was an easy choice for Major League Baseball by the numbers.

The Guardian - Sport

Reuters was able to keep its terminals on traders' desks, but only after negotiating a substantial price reduction with the bank.

Forbes

As a lawyer, I'll convey the reasons a buyer wishes a substantial price reduction, or redirect negotiations as a seller desires.

Huffington Post

To date, generic competition has been the only proven method to promote sustained and substantial price reduction.

Globalization and Health

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

Hanada et al. [ 55] estimate that only substantial price reductions of blood bag tags would make the system profitable.

BMC Medical Informatics and Decision Making

Although, in the context of the Dutch drug reimbursement system, the cost of the vaccination – for both vaccines – is listed at €105 per dose, substantial price reductions are likely to be granted by the vaccine manufacturers.

BMC Infectious Diseases

Although substantial price reductions of ARVs have occurred, especially between 2002 and 2008, achieving sustainable access for the next several decades remains a major challenge for most low- and middle-income countries.

BMC Public Health

The Global Fund could draw on the experience accumulated in programmes focusing on HIV/HCV co-infection, such as in Georgia and Ukraine, where negotiations regarding the cost of medications have led to substantial price reductions.

BMC Infectious Diseases

Between 2001 and 2007, Brazil made use of the above flexibilities to obtain substantial price reductions for patented ARVs, and in the case of Efavirenz, to issue compulsory licensing [ 20].

Globalization and Health

Many computer analysts say shoppers can expect significant price reductions.

The New York Times - Tech

While offshore outsourcing can get you substantial cost reductions, there are some companies who might come up with complex pricing structures in order to hide actual costs.

WikiHow

Expert writing Tips

Best practice

When emphasizing the impact of a price change, use "substantial price reduction" to convey that the reduction is significant and meaningful to the consumer or business.

Common error

Avoid using "substantial price reduction" for minor or negligible price changes, as it can mislead the audience and undermine credibility. Save it to describe truly meaningful discounts.

Linguistic Context

The phrase "substantial price reduction" functions as a noun phrase, typically serving as the object of a verb or the subject of a clause. It is used to identify a significant decrease in the cost of something. According to Ludwig AI, it is correct and usable in written English.

Expression frequency: Uncommon

Frequent in

News & Media

40%

Science

40%

Formal & Business

20%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "substantial price reduction" is a grammatically sound and meaningful phrase used to denote a significant decrease in the cost of a product or service. Ludwig AI confirms its usability and correctness in written English. While not extremely common, the phrase is suitable for both formal and neutral contexts, particularly in news, scientific, and business domains. When using this phrase, it is important to ensure that the reduction is indeed significant, to avoid misleading the audience. For alternatives, consider "significant price decrease" or "major cost cut" depending on the specific context. Top sources include The New York Times and The Guardian.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

significant price decrease

Replaces "substantial" with "significant" and "reduction" with "decrease", maintaining similar meaning.

considerable markdown in price

Substitutes "substantial price reduction" with a more descriptive term indicating a price markdown.

major cost cut

Focuses on "cost" instead of "price" and uses "cut" to indicate the reduction.

significant discount

Uses "discount" as a synonym for reduction.

reduced price significantly

Changes the structure to emphasize the action of reducing the price.

large price slash

Uses the word "slash" to indicate a dramatic reduction in price.

steep price decline

Implies a sharp drop in price.

notable price concession

Emphasizes that the price change is an advantageous adjustment.

marked down considerably

Indicates that the price has been noticeably decreased.

drastic price adjustment downwards

Highlights the severity and direction of the price adjustment.

FAQs

How can I use "substantial price reduction" in a sentence?

You can use "substantial price reduction" to describe a significant decrease in the cost of a product or service. For example: "The company announced a "substantial price reduction" on its flagship product."

What's the difference between "substantial price reduction" and "price reduction"?

"Substantial price reduction" implies a significant or considerable decrease in price, while "price reduction" simply means there has been a decrease, regardless of how big it is. Using substantial stresses on the importance of the price change.

What can I say instead of "substantial price reduction"?

You can use alternatives like "significant price decrease", "major cost cut", or "significant discount" depending on the context.

Is "substantial price reduction" formal or informal?

"Substantial price reduction" is suitable for both formal and informal contexts when you need to convey that there has been an important reduction in the price. The field of application may go from news to business.