verb
- past tense and past participle of outprice; to price (a product or service) higher than a competitor, often resulting in loss of sales or market share
Usage: usually passive voice or used in business/commercial contexts
Examples
- The company outpriced itself and lost customers to cheaper competitors.
- Their premium product was outpriced by newer market entrants offering similar features.
- We were outpriced on the contract bid and didn't win the project.
- Small retailers often get outpriced by big-box stores with lower overhead.
- The startup's initial pricing strategy outpriced them in the budget-conscious segment.