Overprice

B1 16+
  • Frequency of Use
    25 %
  • Retention Rate
    50 %
  • Complexity
    40 %
  • Overprice Meanings

    noun a price that is too high

    verb to set a price that is too high

    Fields related to overprice

    Real Estate

    The seller overpriced the house, resulting in it sitting on the market for months without any offers.

    Finance

    Investors should be wary of overpriced stocks that may not provide good returns.

    Economics

    Overpricing products can lead to decreased demand and lower sales.

    Marketing

    Overpricing a product can give the perception of high quality, but it may also deter price-sensitive customers.

    Retail

    The store overpriced the item, causing customers to look for better deals elsewhere.

    Occupation Usage of overprice

    Writer

    The writer criticized the new product for being overpriced compared to similar items on the market.

    Psychologist

    The psychologist discussed how consumers may perceive an item as more valuable if it is overpriced.

    Real Estate Agent

    The real estate agent advised the seller to lower the asking price as the current listing was overpriced for the area.

    Financial Analyst

    The financial analyst warned investors that the stock was overpriced and recommended selling before the price dropped.

    Retail Manager

    The retail manager decided to mark down the overpriced items to increase sales and clear out inventory.

    Marketing Director

    The marketing director emphasized the importance of pricing products competitively to avoid being perceived as overpriced.

    Restaurant Owner

    The restaurant owner adjusted the menu prices to ensure that customers did not feel the food was overpriced for the portion sizes.

    Fashion Designer

    The fashion designer explained that luxury brands often deliberately overprice their products to create a sense of exclusivity and prestige.

    Consolidated Statistics about overprice

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