Meaning of “pricing model” in the English Dictionary

business-english dictionary

"pricing model" in Business English

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pricing modelnoun [ C ]

uk us

COMMERCE, MARKETING a method for deciding what prices to charge for a company's products or services:

The change in the group's pricing model for its directory service saw it shift from charging customers a fixed price to a variable fee.

(Definition of “pricing model” from the Cambridge Business English Dictionary © Cambridge University Press)