What does pricing mean?

Definitions for pricing
pric·ing

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

Princeton's WordNet

  1. pricingnoun

    the evaluation of something in terms of its price

Wiktionary

  1. pricingnoun

    the act of setting a price

  2. pricingnoun

    the level at which a price is set

Webster Dictionary

  1. Pricing

    of Price

Freebase

  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  

Matched Categories

How to pronounce pricing?

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Numerology

  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. Scott Shelton:

    It's a better contract than a few ago, when its relevance as an oil pricing benchmark was questionable with the bulk of U.S. crude production trapped in the Midwest without adequate delivery, now with all the pipeline extensions and removal of transportation bottlenecks, the contract is a lot more efficient in delivery and should get a higher weighting compared to other crude grades out there.

  2. Michael Millman:

    They (Harley) are taking a reasonable long-term view of the market, they want to maintain their pricing and their image and will have to take some of the competitive knocks that go with that.

  3. Vinay Bhaskara:

    The Boeing 737 MAX and Airbus A320neo technologies offer cash savings in operating cost per seat miles of up to 8% (about $3 savings per gallon) against its preceding technology, with current fuel prices, airlines are looking at pricing and capital deployment rather than fuel-saving capabilities.

  4. Electrolux Chief Executive Keith McLoughlin:

    Our assumption is that we would not have increase pricing power (if the GE deal goes forward).

  5. Starbucks CFO Scott Maw:

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

Popularity rank by frequency of use

pricing#1#1867#10000

Translations for pricing

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    formal separation from an alliance or federation
    • A. snap
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