Promotional-priced

Describing a product or service offered at a reduced price for a limited time to encourage sales, increase brand awareness, or attract new customers. These prices are often temporary and designed to generate excitement and drive immediate purchasing behavior. They are a marketing strategy employed across various industries, offering a more affordable entry point or incentivizing purchases with a perceived discount. The pricing usually reflects the goal of increased volume over profit margin. The terms of the price are typically explicit.

Promotional-priced meaning with examples

• The new fitness tracker is now available at a promotional-priced rate of $79 for the next two weeks. This offer is aimed at attracting early adopters and generating buzz around the launch. Customers can enjoy all the premium features at a heavily discounted cost, boosting initial sales.
• To celebrate our anniversary, all gourmet coffee blends are promotional-priced at 20% off. This special pricing encourages loyal customers to purchase their favorite beans and introduces newcomers to the high-quality selection, supporting brand loyalty.
• During the summer sale, selected clothing items are promotional-priced, offering exceptional value for money. This helps clear out seasonal inventory and generates valuable foot traffic in stores and online, increasing overall revenue and boosting marketing reach.
• The travel agency is advertising all-inclusive vacation packages to the Caribbean at promotional-priced rates. This limited-time offer capitalizes on vacation demand and helps the agency fill bookings during a traditionally slower travel period, boosting brand visibility.