overpricing Definition
setting a price that is too high for the value of the product or service being offered.
Using overpricing: Examples
Take a moment to familiarize yourself with how "overpricing" can be used in various situations through the following examples!
Example
The company's overpricing strategy led to a decrease in sales.
Example
The store was accused of overpricing their products.
Example
Overpricing can lead to a loss of customers and revenue.
overpricing Synonyms and Antonyms
Synonyms for overpricing
- inflation
- price gouging
- overcharging
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Summary: overpricing in Brief
'Overpricing' [oh-ver-prahy-sing] refers to setting a price that is too high for the value of the product or service being offered. It is often used to describe a business strategy that can lead to a decrease in sales and loss of customers. Examples of its use include 'The store was accused of overpricing their products.'
