price competition

Definition

Rivalry between suppliers based solely on price, usually for commodious or identical items.

Use 'price competition' in a Sentence

The gas station I normally use is luckily situated across the street from another gas station, so they are constantly engaged in a price competition to get business in the door.

With consumers having access to nearly every retailer in the world through the internet price competition can be extreme, many merchants will sell items at a loss hoping to make a small profit on add on sales.

The price competition was fierce as each company was earning a large margin of profit on their goods so they could lower their prices considerably.

单词	price competition
释义	price competition Definition Rivalry between suppliers based solely on price, usually for commodious or identical items. Use 'price competition' in a Sentence The gas station I normally use is luckily situated across the street from another gas station, so they are constantly engaged in a price competition to get business in the door. With consumers having access to nearly every retailer in the world through the internet price competition can be extreme, many merchants will sell items at a loss hoping to make a small profit on add on sales. The price competition was fierce as each company was earning a large margin of profit on their goods so they could lower their prices considerably.
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