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re-price

 

Definitions from the Web

Term: re-price

Description:

Re-price refers to the act of altering or adjusting the price of a product or service. It involves changing the initial price to a new and often different value.

Possible Parts of Speech:

  • Verb
  • Noun

Possible Senses and Usages:

Sense 1 - Verb:

1. To re-evaluate and establish a new price for a specific product, often due to market conditions or changes in demand.

2. To alter the original price of an item, typically to offer a discount or promotion.

Sample Sentences:

1. The company decided to re-price their products to remain competitive in the market.

2. After conducting market research, they realized they needed to re-price their services to attract more customers.

3. The store manager decided to re-price the entire inventory to make room for new stock.

4. The online retailer often re-prices their products during holiday sales.

5. The airline company re-priced their tickets for the upcoming season.

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