Skip to main content

price incentivea financial reward or discount offered to encourage customers to buy a product or service

Part of speech: NOUN

Definition: a financial reward or discount offered to encourage customers to buy a product or service

Pronunciation (IPA): /praɪs ɪnˈsentɪv/

Example Sentences

  • The smartphone company's price incentive was so good that people camped outside the store like it was a K-pop concert.
  • Many retailers use price incentives during Black Friday to boost sales.
  • The price incentive was so tempting that even my frugal grandmother bought three pairs of shoes she didn't need.

price incentive

NOUN

[/praɪs ɪnˈsentɪv/]

a financial reward or discount offered to encourage customers to buy a product or service

a financial reward or discount offered to encourage customers to buy a product or service
💡 Concept

a financial reward or discount offered to encourage customers to buy a product or service

Nice advice about the price device!
🎵 Rhyme

Nice advice about the price device!

Got the picture? Now let's practice.

🎤Pronunciation

🇺🇸 US/praɪs ɪnˈsentɪv/
🇬🇧 UK/praɪs ɪnˈsentɪv/

🌳Etymology

Rootincentive

🎵Rhyme

price devicenice advice
price device
nice advice

🔗Collocations

offer price incentives
attractive price incentive
price incentive program
seasonal price incentive
cash price incentive

📝Examples

😄 Fun example

The smartphone company's price incentive was so good that people camped outside the store like it was a K-pop concert.

Many retailers use price incentives during Black Friday to boost sales.

😄 Fun example

The price incentive was so tempting that even my frugal grandmother bought three pairs of shoes she didn't need.

📚Related Words

Synonyms

discount offerprice reductionpromotional pricingsales incentiverebate

Antonyms

price increasesurchargepremium pricing

Related

marketing strategyconsumer behaviorsales promotiondiscount rate

Want to master 19,000+ words?

Sign up free for flashcards & quizzes.