pricing power
Charge what you want
Pricing power is a company's ability to raise prices without losing customers.
A business with strong pricing power—through brand loyalty, unique products, or lack of competition—can increase prices and maintain sales volume: Apple has remarkable pricing power; people pay premium prices for iPhones.
Companies without it must compete on price or risk losing market share.
- leverageBorrowed capital for amplified returns
- monopolyOne seller, no substitutes
- corner the marketGain total supply control
- marginsEdges of a page
- profit marginRevenue exceeding costs ratio
premium · brand · brand loyalty · scarcity · demand · markup · cost plus · dominance · market share · moat · barrier to entry · exclusivity · inelastic · bargaining · value · control · squeeze · inflation
- Market Forcesmarket share, monopoly, competitive advantage, barriers to entry, network effects
- business financeaccounting, balance sheet, revenue stream, profit margin, budget
- market economicsmonopoly, oligopoly, perfect competition, duopoly, monopsony
- market powermonopoly, oligopoly, cartel, market share, antitrust
- Market Leadershipmarket share, monopoly, duopoly, market leader, number one
- monopolymonopoly, monopolization, market dominance, market concentration, dominance
pricing powercommoditization
Reduction to undifferentiated goods
perfect competition · price sensitivity · race to the bottom · price competition · price wars
pricing powercommoditization
Reduction to undifferentiated goods
commoditized · perfect competition · interchangeability · fungibility · substitutability
pricing powercommoditized
Made uniformly tradeable
undifferentiated · generic · interchangeable · substitutable · fungible
pricing, power, price, prices, priced, pricey, priceless, pricer, repricing