price lining

Popular Terms
The process used by retailers of separating goods into cost categories in order to create various quality levels in the minds of consumers. Effective price lining by a business will usually involve putting sufficient price gaps between categories to inform prospective buyers of quality differentials.

Use 'price lining' in a Sentence

You should always know how to use price lining and figure out if there is a way to make it work for you.
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The price lining technique was new to us, but we new that it meant that we would make a lot of money.
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You can sometimes come up with new ways to use price lining and they can help move your product much quicker.
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