pricing policy

Definition

The policy of a company or business that guides the price setting of its goods and services that are offered for sale.

Use pricing policy in a sentence

You should try and have the best pricing policy you can that will let your customers know you care for them.

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The manager and the general manager had a meeting to discuss the pricing policy of their new menu items. They needed to make sure they were offering competitive pricing.

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Related Terms

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pricing notch point (PNP) flexible