switching costs


The costs incurred when a customer changes from one supplier or marketplace to another. The higher these costs are, the more difficult it is to execute the switch.

Use switching costs in a sentence

There were some switching costs that were going on between the people and everyone was unhappy with everything that was going on.

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To gain a better understanding of Switching Costs, one must look at the underlying causes that bring about Switching Costs such as increased shipping, administrative, and handling fees.

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Switching costs are any extra fee applied when a customer has to change a supplier due to contract; This may be referred to as an early termination fee in a non-commercial setting

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switching stickiness