Buyable

Buyable describes something that is capable of being purchased or acquired through a transaction involving money or other forms of exchange. It denotes the availability and accessibility of goods, services, or assets in the marketplace. The concept of buyability encompasses considerations like price, market demand, and the seller's willingness to part with the item. Things that are buyable are typically subject to supply and demand dynamics, with the price fluctuating based on these market forces. Furthermore, buyability might be influenced by factors such as location, availability of payment options, and legal restrictions. Therefore, a product must be both offered for sale and available for immediate purchase, for it to be 'buyable'.

Buyable meaning with examples

• The new limited-edition sneakers were highly sought after, making them a desirable, buyable commodity for many fashion enthusiasts. However, due to the limited supply, not everyone could secure a pair. Resellers often try to use this limited supply and demand to make a profit on the buyable sneaker. This situation demonstrates how scarcity affects the availability and purchase possibility of a buyable item.
• With the online marketplace booming, almost everything became buyable at your fingertips. From rare collectibles to daily essentials, consumers could easily find and purchase products from all over the world. However, despite the wide selection of buyable items, consumers were often wary of the quality of products that lacked a physical presence.
• During the holiday season, certain popular toys become buyable, but often sell out very quickly. This sudden increased demand makes it very difficult to buy a toy that you want to get for a Christmas gift. The stores and online retailers are usually very well-prepared, but they can still have inventory shortages that make some toys very difficult to buy.
• In the realm of digital assets, NFTs (Non-Fungible Tokens) made various forms of digital art and collectibles suddenly buyable. The ease with which one can buy and sell these NFTs allows many to get started with collecting them, and even trading for a profit. This created new markets for digital assets that were previously difficult to obtain.
• The government introduced subsidies on electric vehicles, making them more buyable for the average citizen. This policy aimed to accelerate the transition towards sustainable transportation by reducing the upfront cost and increasing the accessibility of this buyable option. Consequently, the price decrease has made the vehicles far more likely to sell well.