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The “price point” of an item rather than its “price.” Login/Join 
Freethinker
Picture of sigfreund
posted
Another one of those things I hadn’t paid much attention to until recently, and then I saw “price point” used in a video and it struck me: The cost of a specific item is its price, not its price point that was originally used as discussed by the below Internet response.

Yes, I know: It’s a trivial matter that I shouldn’t even notice, much less complain about, but how many people these days think or care about what they say?

Or:
“He who writes carelessly confesses thereby at the very outset that he does not attach much importance to his own thoughts.”
— Arthur Schopenhauer

===========================

For decades, [price point] remained a specialized term used primarily by economists, supply-chain managers, and retail strategists.

...

Throughout the late 1990s and early 2000s, corporate jargon heavily favored making simple words sound more technical or analytical.

Saying “We need to re-evaluate our price point” sounded more strategic than “We need to change the price.” As business news shows (e.g., CNBC), consumer technology reviews (e.g., CNET), and car magazines increasingly used corporate pitch-deck terminology to describe retail items, consumers absorbed the phrase.

Why people use it today (and why linguists cringe). Today, “price point” is often used as a direct—and technically redundant—synonym for "price.”

Legitimate Use: “We need a laptop to fill the $500 price point in our line-up” (referring to a product bracket/tier). Redundant Use: “I bought this shirt because it was at a great price point” (referring strictly to a single price tag, where “price” is simpler and accurate).

While language purists often view the modern over-reliance on “price point” as unnecessary corporate inflation, the word followed a classic linguistic cycle: a technical niche term adopted by business, popularized by tech/retail media, and eventually absorbed into everyday speech.




“Wise men talk because they have something to say; fools, because they have to say something.”
— Plato
 
Posts: 50015 | Location: 10,160 Feet Above Sea Level in Commirado | Registered: April 04, 2002Reply With QuoteReport This Post
Fighting the good fight
Picture of RogueJSK
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"Price point" has two possible meanings:

A) A specific price. Used here, "price" and "price point" are the same as you've pointed out, and the extra word is unnecessary.

Or

B) Price tier/relative price range. Budget/entry level, mid-level, high end/luxury, sub-$500, etc.


I use it when referring to the latter definition of a price range/tier, not when discussing its specific price.

Yes: "The Ruger RXM is the best value at its price point (among budget handguns).

No: "The Ruger RXM's price point is $350." (Redundant, and just say "price".)
 
Posts: 35548 | Location: Northwest Arkansas | Registered: January 06, 2008Reply With QuoteReport This Post
Shit don't
mean shit
posted Hide Post
I blame real estate agents and HGTV for the overuse.
 
Posts: 6052 | Location: 7400 feet in Conifer CO | Registered: November 14, 2006Reply With QuoteReport This Post
Oriental Redneck
Picture of 12131
posted Hide Post
quote:
Originally posted by RogueJSK:
Or

B) Price tier/relative price range.

But then, that’s not a point, is it? Razz


Q






 
Posts: 31495 | Location: TEXAS | Registered: September 04, 2008Reply With QuoteReport This Post
Freethinker
Picture of sigfreund
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quote:
Originally posted by 12131:
But then, that’s not a point, is it? Razz

Yes, just as time has moments, not points either, so another good reason to eliminate the superfluous word entirely. Wink




“Wise men talk because they have something to say; fools, because they have to say something.”
— Plato
 
Posts: 50015 | Location: 10,160 Feet Above Sea Level in Commirado | Registered: April 04, 2002Reply With QuoteReport This Post
Member
Picture of 229DAK
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So, what's the price point at market price? Big Grin


_________________________________________________________________________
“A man’s treatment of a dog is no indication of the man’s nature, but his treatment of a cat is. It is the crucial test. None but the humane treat a cat well.”
-- Mark Twain, 1902
 
Posts: 10630 | Location: Northern Virginia | Registered: November 04, 2005Reply With QuoteReport This Post
What is the
soup du jour?

posted Hide Post
Oh, you're looking for a gift? What's the price point you're trying to hit? LOL.
 
Posts: 2413 | Location: TX | Registered: October 28, 2010Reply With QuoteReport This Post
Casuistic Thinker and Daoist
Picture of 9mmepiphany
posted Hide Post
quote:
Originally posted by 12131:
quote:
Originally posted by RogueJSK:
Or

B) Price tier/relative price range.

But then, that’s not a point, is it? Razz


When the word Price Point is used correctly, it indicates a range...which is the point.

A price point would be "Under $500" or over $1000" as in:

"A budget 1911 can be had for about $500, but an entry level 1911 starts at about $1000."

It isn't the price, but the target range to price the item to match your target demographic




No, Daoism isn't a religion



 
Posts: 14542 | Location: northern california | Registered: February 07, 2003Reply With QuoteReport This Post
My other Sig
is a Steyr.
Picture of .38supersig
posted Hide Post
Seems to be a marketing/insider term.

How many normal folks will say 'HVAC' instead of 'air conditioning'?




 
Posts: 10493 | Location: Somewhere looking for ammo that nobody has at a place I haven't been to for a pistol I couldn't live without... | Registered: December 02, 2014Reply With QuoteReport This Post
Member
Picture of konata88
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Obviously various perceptions and interpretations.

At work, a price is what the consumer had to pay for a product.

A pricepoint is a target market price that suggested what consumers would be willing to pay for a particular type of product with certain key features.

For example, you want to sell a widget. The pricepoint could be $499. It will have certain features expected by the consumer at that price. Company modulates features and quality and such to ensure cost and margins sufficient at that price. Widget could add features / quality for a $699 pricepoint, targeting same or different cost / margins.

Price and pricepoint are two different concepts that could have the same value. You could have a product that is priced to sell at $519 which targets the market pricepoint of $499; your product price is higher than market target BUT you have some competitive advantage that consumers will deem worthy of the higher price (hopefully).




"Wrong does not cease to be wrong because the majority share in it." L.Tolstoy
"A government is just a body of people, usually, notably, ungoverned." Shepherd Book
 
Posts: 15162 | Location: In the gilded cage | Registered: December 09, 2007Reply With QuoteReport This Post
Fighting the good fight
Picture of RogueJSK
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quote:
Originally posted by .38supersig:
How many normal folks will say 'HVAC' instead of 'air conditioning'?


Most normal folks will just say "AC" instead of "air conditioning".
 
Posts: 35548 | Location: Northwest Arkansas | Registered: January 06, 2008Reply With QuoteReport This Post
Don't Panic
Picture of joel9507
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quote:
Originally posted by sigfreund:
Today, “price point” is often used as a direct—and technically redundant—synonym for "price.”

Roll Eyes

'Price point' has (or, had?) value in marketing strategy when planning product lines and analyzing competition, but in conversation about what one paid for a specific item, the added word 'point' just wastes breath.

They say languages are constantly evolving, and that's true, but it is fair to point out that the concept of 'evolve' is distinct from the concept of 'improve'.
 
Posts: 15799 | Location: North Carolina | Registered: October 15, 2007Reply With QuoteReport This Post
Freethinker
Picture of sigfreund
posted Hide Post
quote:
Originally posted by joel9507:
the concept of 'evolve' is distinct from the concept of 'improve'.

I must remember that. Big Grin




“Wise men talk because they have something to say; fools, because they have to say something.”
— Plato
 
Posts: 50015 | Location: 10,160 Feet Above Sea Level in Commirado | Registered: April 04, 2002Reply With QuoteReport This Post
Member
Picture of konata88
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Agree. Smile

I watched a show on linguistics and how English changed over time. And how it has resulted in very confusing pronunciation vs spelling. Evolved but definitely not improved.




"Wrong does not cease to be wrong because the majority share in it." L.Tolstoy
"A government is just a body of people, usually, notably, ungoverned." Shepherd Book
 
Posts: 15162 | Location: In the gilded cage | Registered: December 09, 2007Reply With QuoteReport This Post
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