What is price break?
Understand the Problem
The question is asking for the definition or explanation of 'price break', which typically refers to a pricing strategy where the cost per unit decreases once a certain quantity is purchased. It is often used in marketing and sales contexts.
Answer
A price break is a reduction in price based on specific conditions, often bulk purchases.
The final answer is a price break is a reduction in the price of an item depending on certain conditions, often related to purchasing in bulk.
Answer for screen readers
The final answer is a price break is a reduction in the price of an item depending on certain conditions, often related to purchasing in bulk.
More Information
Price breaks are often used to incentivize bulk purchasing by offering lower per-unit costs for larger quantity purchases. They are a common strategy in various industries to encourage customers to buy more.
Sources
- What are Price Breaks? | DealHub - dealhub.io
- PRICE BREAK definition in American English - Collins Dictionary - collinsdictionary.com
- Price breaks (volume discounts) - Help Centre - help.brightpearl.com
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