Competitive Pricing

noun a word that represents a person, place, thing, or idea

adjective a word that describes or modifies a noun

• The company is offering the product at a low price to attract more customers.
• I found this amazing dress at a low price in the clearance section.
• I scored these sneakers for a steal, they were at such a low price!
• The artist's talent is being sold at a low price in the current art market.

noun a pricing strategy where prices are adjusted in real-time based on various factors such as demand, competition, and other market conditions

• Many companies use dynamic pricing strategies to adjust prices based on market demand and other factors.
• Online stores often change their prices using dynamic pricing to attract more customers.
• Some companies play around with their prices using dynamic pricing to see what works best.
• Dynamic pricing is like a chameleon, constantly adapting to its surroundings to survive in the market.