price leader

price leader price leader leader

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price leader UK US noun [C] MARKETING, COMMERCE
a company that is the first to decide on a price for a particular product or service, which is then copied by other companies selling similar products or services: »

A price leader will emerge and set the general industry price for a product.

Compare PRICE TAKER(Cf. ↑price taker)
a product that is priced lower than usual to attract customers to a store or website: »

Price leaders are often sold below the cost price.


Financial and business terms. 2012.

Look at other dictionaries:

  • price taker — ˈprice ˌtaker noun [countable] ECONOMICS a company or person that has little influence on the price of something, and has to follow what other companies and people do: • Too many businesses are price takers, not price leaders. * * * price taker… …   Financial and business terms

  • Leader Price — Pour les articles homonymes, voir Price. Création 1989 Dates clés …   Wikipédia en Français

  • leader — A stock or group of stocks that is the first to move in a market upsurge or downturn. Bloomberg Financial Dictionary * * * leader lead‧er [ˈliːdə ǁ ər] noun [countable] 1. the person who directs or controls a team, organization, country etc: • He …   Financial and business terms

  • price leadership — The setting of the price of a product by a dominant firm in an industry in the knowledge that competitors will follow this lead in order to avoid the high cost of a price war This practice is often found in oligopoly and has the effect of a… …   Big dictionary of business and management

  • Leader-Price — Pour les articles homonymes, voir Price. Logo de S.A. Leader Price Holding Création …   Wikipédia en Français

  • Leader price — Pour les articles homonymes, voir Price. Logo de S.A. Leader Price Holding Création …   Wikipédia en Français

  • Leader Price — Tipo Sociedad anónima Fundación Jean Baud, 1989 Sede Gretz Armainvilliers, Francia …   Wikipedia Español

  • Price Daniel — as a United States Senator. Associate Justice, Texas Supreme Court In office January 1971 – December 1978 Nationa …   Wikipedia

  • Price mechanism — is an economic term that refers to the buyers and sellers who negotiate prices of goods or services depending on demand and supply.[1] A price mechanism or market based mechanism refers to a wide variety of ways to match up buyers and sellers… …   Wikipedia

  • Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… …   Wikipedia

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