price out of the market
The phrase "price out of the market" is often used to describe situations where prices are set too high, affecting sales and competition.
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Definition
B2Business
(general)To set a price so high that potential customers are unable or unwilling to purchase the product or service.
Example
- The new smartphone was priced out of the market, leading to poor sales.
- Luxury brands often price their products out of the market for average consumers.
C1Economics
(technical)To increase prices to a level where competitors can no longer afford to participate in the market.
Example
- By offering significant discounts, the company priced its competitors out of the market.
- Rising production costs have priced many small businesses out of the market.
Similar
Terms that have similar or relatively close meanings to "price out of the market":
price outon the marketout of the moneymarket priceout of stockprice upat a pricecorner the marketbuy outcurb marketcheap outprice pointbear marketprice gouginggrey marketout of pocketbuy out from under