Priced

Priced is the past tense of the verb 'price', referring to the action of determining a monetary value or cost for a product or service. It can indicate how much someone is willing to pay or how an item is valued in a market context. The term 'priced' can describe not only the numerical value assigned but also the context of pricing strategies and competition in a given market.

Priced meaning with examples

• When shopping online, the buyer was ecstatic to see that the dress she had admired for weeks was priced at fifty percent off. She quickly decided to add it to her cart, analyzing if the discount was sufficient to make the purchase worthwhile, while considering shipping costs and her budget for the month.
• The local bakery was recently priced out of the market due to rising ingredient costs, leading to concerns among loyal customers. Despite the quality of their baked goods, other bakeries in town were selling similar items at lower prices, prompting the bakery to rethink their pricing strategy in order to remain competitive.
• In the world of real estate, homes that are correctly priced tend to sell faster than those that are not. The agent explained that while a beautiful home is important, it is equally crucial to submit an attractive price point that reflects market conditions and encourages potential buyers to make offers.
• Throughout the holiday season, electronic gadgets are often priced much lower than their standard rates. Retailers aim to attract customers by investing in strategic marketing techniques and enticing promotions, believing that a lower price can significantly influence consumer behavior and increase foot traffic in stores.