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price cutting

price cutting

1 2.8
Reducing the price of goods below the usual amount to attract customers
  • noun
  • /praɪs ˈkʌtɪŋ/
translation icon : reducción de precios
  • In contrast to price cutting aimed simply at increasing market share, predatory pricing aims to eliminate competition.
  • price-cutting by competitors

But keep in mind, Tesla also implied that more price cuts could come to their vehicles in the future.

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Examples

  • If the application software is not OK, the problem is again on the client side, because he did not prepare the tender with design papers, he gave the work to the company that does not have sufficient experience in work (again price cutting), and he did not organize the work as it should be.

    Blog text (25)
  • Even in Japan, American companies have between thirty-five percent and fifty percent of the private mainframe market and, led by aggressive price-cutting, have recently taken significant market share in personal computers.

    Academic text (1993)
  • That price cutting leads to job cuts.

  • But keep in mind, Tesla also implied that more price cuts could come to their vehicles in the future.

  • A big reason for this depreciation is the constant price cuts that manufacturers have made to new cars.

  • The discounter onslaught and price-cutting riposte have given the Japanese consumer a general break on the prices of other goods as well.

    Academic text (1996)
  • Many retailers adopted price cutting strategies to attract more customers during the holiday season.

  • The fierce competition in the market led to aggressive price cutting, benefiting consumers with lower prices.

  • To boost sales, the company announced price cutting on its most popular products for a limited time.

Synonyms

price war
vsprice cutting
4 3.2

Companies lower prices to compete and attract customers, often causing lower profits

is the ordinary act of lowering prices to attract customers, not extreme market conflict
price cut
vsprice cutting
3 1.4

A fall in the amount you pay for something

is the act of lowering prices to attract customers
price reduction
vsprice cutting
3 2.0

Making goods or services cheaper

is a reduction below the usual or advertised price to attract customers
markdown
vsprice cutting
  • US
2 3.8

A reduction in a product's price to encourage sales

is lowering prices to attract customers or compete with rivals
price competition
vsprice cutting
2 3.0

Businesses try to get customers by lowering their prices

is the act of lowering prices to attract customers, not the broader market rivalry
steep discount
vsprice cutting
1 2.5

A much lower price than usual on an item

is reducing price below usual amounts, not necessarily by a large margin
cut-rate sale
vsprice cutting
  • US
2.7

An event when shops sell goods at much lower prices for a short time to clear old stock

is the act of lowering prices to attract customers, not a temporary sale event

Antonyms

A rise in the money you pay for things or services

How Aggressive

price cutting
1 2.8

Surface Forms

price cutting singular

Morphology

price + cut

The meaning of 'price cutting' is directly compositional: 'cutting' (reducing) applied to 'price' yields the action of reducing prices. This is a common noun + gerund/verb-noun construction found cross-linguistically, so a B1 learner who knows 'price' and 'cut' will readily infer the meaning.

Etymology

Price cutting may come from the picture of a shopkeeper using scissors to cut a price tag so the number becomes smaller. So thinking of price being cut helps you remember it means 'reducing prices to attract customers'.