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overpricing

[oh-ver-prahy-sing]

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

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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.'