What does pricing mean?

Definitions for pricing

Here are all the possible meanings and translations of the word pricing.

Princeton's WordNet

  1. pricing(noun)

    the evaluation of something in terms of its price


  1. pricing(Noun)

    the act of setting a price

  2. pricing(Noun)

    the level at which a price is set

Webster Dictionary

  1. Pricing

    of Price


  1. Pricing

    Pricing is the process of determining what a company will receive in exchange for its products. Pricing factors are manufacturing cost, market place, competition, market condition, and quality of product. Pricing is also a key variable in microeconomic price allocation theory. Pricing is a fundamental aspect of financial modeling and is one of the four Ps of the marketing mix. The other three aspects are product, promotion, and place. Price is the only revenue generating element amongst the four Ps, the rest being cost centers. Pricing is the manual or automatic process of applying prices to purchase and sales orders, based on factors such as: a fixed amount, quantity break, promotion or sales campaign, specific vendor quote, price prevailing on entry, shipment or invoice date, combination of multiple orders or lines, and many others. Automated systems require more setup and maintenance but may prevent pricing errors. The needs of the consumer can be converted into demand only if the consumer has the willingness and capacity to buy the product. Thus pricing is very important in marketing.

Editors Contribution

  1. pricing

    Verb for of the word price.

    The pricing of the product was easy with modern technology.

    Submitted by MaryC on March 20, 2020  

How to pronounce pricing?

  1. Alex
    US English

How to say pricing in sign language?

  1. pricing


  1. Chaldean Numerology

    The numerical value of pricing in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of pricing in Pythagorean Numerology is: 4

Examples of pricing in a Sentence

  1. Lauren Foye:

    Whilst ridesharing platforms have millions of journeys made, these tend to be shorter journeys and the pricing is far lower than to stay in an Airbnb room when people are staying for a matter of days.

  2. Gavin Parry:

    Sharp has the technology to build out the components to compete with Samsung as an Apple supplier, which means that with Sharp under its umbrella Foxconn can help Apple wean itself off Samsung, this gives Foxconn better pricing power with Apple.

  3. Michel Wolfert:

    There are two sides to the coin, it's going to be great for our business but in terms of rent costs, apartment pricing and what's happening with Long Island City, everything's going to go through the roof.

  4. Starbucks CFO Scott Maw:

    Our coffee team's patience around coffee pricing paid off.

  5. Martin Houston:

    We can say to our customers this is exactly the price you're going to pay. We're competing with second wave projects that have absolutely no idea how they're pricing anything.

Images & Illustrations of pricing

  1. pricingpricingpricingpricingpricing

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Translations for pricing

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