Retail Pricing Strategies

5 words in this vocabulary list

noun a sum of money or other consideration given or exchanged for the purchase of a service, product, or rights

  • The price of the new product is set at $50.
  • How much is the price for that shirt?
  • What's the price tag on those sneakers?
  • The price of success is hard work and dedication.

noun a systematic gathering together of people or things

verb to bring together or gather into a group or whole

  • The finance team will need to round up all the expenses for the quarterly report.
  • Let's round up all the team members for a quick meeting.
  • Hey, can you round up the gang for a movie night?
  • It's time to round up our thoughts and come up with a solution.

noun a term used to describe the higher prices that are often charged for products and services marketed towards women compared to similar products marketed towards men

  • The pink tax refers to the phenomenon where products marketed towards women are priced higher than similar products marketed towards men.
  • I hate the pink tax - why do women have to pay more for the same products as men?
  • It's so unfair that women have to deal with the pink tax on everyday items.
  • The pink tax is like a hidden fee that women have to pay just for being women.

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

adjective an adjective is a word that describes or modifies a noun or pronoun

adverb an adverb is a word that modifies a verb, adjective, or other adverb

preposition a preposition is a word that shows the relationship between a noun or pronoun and other words in a sentence

  • The price in the current market is quite competitive.
  • Have you checked out the price in other stores yet?
  • What's the price in this joint?
  • The price in terms of time and effort is too high for me to consider.

99

noun a number that is one less than 100

adjective referring to the number ninety-nine

  • The company was founded in 1999.
  • I bought this shirt for 99 bucks.
  • Let's hit up that new club on 99th street.
  • She gave it her 99% to win the competition.