Temporary-priced
Temporary-priced refers to goods or services offered for a limited time at a price that is less than the standard or permanent price. This pricing strategy aims to stimulate demand, clear out inventory, or attract new customers. These prices are often influenced by seasonal trends, promotional events, or the need to liquidate stock. The duration of a temporary price can vary greatly, from a few hours during a flash sale to several months during a clearance event. Successful implementation hinges on clearly communicating the temporary nature of the price to avoid confusion and potential customer dissatisfaction.
Temporary-priced meaning with examples
- The store announced a temporary-priced sale on all summer apparel, reducing prices by up to 50% for one week only. This allowed them to quickly move inventory before the fall season. The sale was heavily advertised, with a countdown timer on their website and large banners in the store to attract customers to shop while the discounts lasted.
- To celebrate their anniversary, the restaurant offered a temporary-priced menu featuring signature dishes at discounted rates. This aimed to draw in new customers and reward loyal patrons. The special menu was accompanied by a marketing campaign emphasizing the limited availability of the offer, encouraging guests to visit during the promotional period.
- During a recent product launch, the company used temporary-priced introductory offers to drive early adoption and capture market share. Bundled deals and early-bird discounts were designed to create buzz. These prices quickly increased to standard rates, creating a sense of urgency among consumers to make a purchase during this initial phase.
- The online retailer periodically uses temporary-priced sales to clear out overstocked items from specific categories. These limited-time promotions can be as simple as 'buy one, get one free' or up to 70% off. This offers a cost effective way to keep inventory moving and make room for new items and seasonal collections.
