Referring to an item's cost at the time of its initial release or retail debut, before any discounts, sales, or promotions. It signifies the unreduced, full price established by the seller. This price reflects the manufacturer's suggested retail price (MSRP) or the retailer's initial valuation, encompassing production costs, markup for profit, and market considerations. The term emphasizes the absence of any price reductions, highlighting the unaltered and standard cost of the product or service. It serves as a benchmark for assessing subsequent price changes or promotional offers.
Original-priced meaning with examples
- The luxury handbag was listed at its original-priced value of $3,000. I knew I couldn't afford it but always admired the workmanship. This was the same price it was on the shop's display when it was first released a year ago. The boutique never seems to reduce its original-priced items, and the quality is exceptional. Some things are worth the full price.
- I compared the original-priced ticket cost to the 'early bird' deals being offered. Since I missed the deadline, I could get the ticket, which cost $150. I considered the cost of purchasing from a reseller, but the value would probably be too much. The original price was reasonable and I did not mind paying it.
- The art gallery displayed the paintings at their original-priced values, which shocked some viewers. Some of the values were very high, and not a bargain to be found in the exhibit. The original price reflected the artist's reputation and the materials used. The exhibition was free but a small portion of the original-priced paintings sold.
- Before the sale, the store marked down its clothing items from their original-priced values. Most items had to start at their original price to be valuable during the sales event. This involved reviewing inventory and adjusting prices to encourage purchases. A sale on original-priced items would give customers the best deals, and the business a chance to earn more.
- Customers often seek items at their original-priced cost, before any markdowns. Consumers prefer to purchase high-demand products at their original value to avoid missing them. This is especially true for limited editions, rare collectibles, and items with a high anticipated resale value. Demand can outstrip the amount of stock.