Talk:Price point/Archives/2015

Price point term and reference

This article desperately needs at least one reference. Otherwise, there's nothing on which to even criticize it and it reads like speculation.

Also, the term "price point" in more common use doesn't really have this same meaning, near as I can figure. So, just for instance the articles Baseball card, Variety store and Mac mini link here, but aren't really talking about this idea. CRETOG8(t/c) 06:58, 5 October 2008 (UTC)

This article makes no sense -- the term does not exist in economic theory. —Preceding unsigned comment added by 128.143.1.141 (talk) 04:03, 25 May 2009 (UTC)

It seems like biz-speak although the article does make a case that there is a distinction between price points and price. --Jgard5000 (talk) 19:01, 28 September 2009 (UTC)jgard5000

In economic theory, do psychological pricing and elasticity swings around the price of a close substitute good exist? Price points are just a name for these swings. --Damian Yerrick (talk | stalk) 01:18, 9 December 2011 (UTC)

Kinked demand at least has a few references. The use of "price point" here appears to refer to the same phenomenon. --Damian Yerrick (talk | stalk) 20:24, 10 July 2012 (UTC)

There's a great deal of psychology in the science of price-setting. My understanding is that price point does indeed refer to how an item's price affects, or could affect, its sales. Here's a good explanation of the concept. – AndyFielding (talk) 09:39, 1 February 2015 (UTC)

Include reference to common, incorrect usage?

Price point is so commonly misused—usually by businesspeople trying to sound more expert than they are (imagine!)—it seems to me it'd be useful to include something about that, e.g.:

The term price point is often used, incorrectly, as a synonym for price. To be considered a price point, an item's price should be referred to in the context of its effect on sales.

Would anyone object? – AndyFielding (talk) 09:36, 1 February 2015 (UTC)