verb
- pricing a product or service higher than a competitor; setting a price that exceeds what the market will bear or what competitors charge
Usage: present participle or gerund form of 'outprice'; business/commercial context
Examples
- The company risks outpricing itself by charging more than similar products in the market.
- By outpricing their competitors, they lost significant market share to cheaper alternatives.
- The retailer was outpricing its inventory, which led to slower sales.
- Outpricing luxury goods can limit your customer base to only the wealthiest buyers.
- They were outpricing their services compared to what local competitors offered.