absolute price competition

简明释义

绝对价格竞争

英英释义

例句

1.During the holiday season, absolute price competition can drive prices down significantly as stores try to outdo each other.

在假日季节，绝对价格竞争可能会显著压低价格，因为商店试图超越彼此。

2.Retailers engaging in absolute price competition may struggle to maintain brand loyalty among consumers.

参与绝对价格竞争的零售商可能会难以保持消费者的品牌忠诚度。

3.Firms that rely solely on absolute price competition may find it difficult to innovate.

仅依赖于绝对价格竞争的公司可能会发现创新变得困难。

4.In a market characterized by absolute price competition, companies often lower their prices to attract more customers.

在一个以绝对价格竞争为特征的市场中，公司通常通过降低价格来吸引更多客户。

5.The absolute price competition in the smartphone industry has led to thinner profit margins for manufacturers.

智能手机行业的绝对价格竞争导致制造商的利润空间越来越小。

作文

In the world of economics, competition is a fundamental concept that drives markets and influences consumer behavior. One specific type of competition is known as absolute price competition, which refers to a market scenario where businesses compete primarily on the basis of price. This form of competition is particularly prevalent in markets where products are homogeneous, meaning they are essentially identical in terms of quality and features. In such cases, consumers often make purchasing decisions based solely on the price, leading to intense rivalry among sellers who strive to offer the lowest possible prices.To better understand absolute price competition, it is essential to examine its characteristics and implications. Firstly, in an environment dominated by absolute price competition, companies may find themselves in a race to the bottom, continuously lowering their prices to attract customers. This can lead to thin profit margins, making it challenging for businesses to sustain themselves in the long run. As firms compete aggressively on price, they might also cut costs in ways that could compromise product quality or customer service, ultimately harming their brand reputation.Moreover, absolute price competition can have significant effects on market dynamics. For instance, when a new entrant enters a market with lower prices, existing players may be forced to reduce their prices to maintain their market share. This can create a cycle of price reductions that benefits consumers in the short term but poses risks to the overall health of the industry. In some cases, prolonged absolute price competition can lead to market consolidation, where only a few strong players survive, while weaker competitors exit the market due to unsustainable pricing strategies.On the other hand, absolute price competition can drive innovation and efficiency among businesses. To remain competitive, firms may invest in new technologies or optimize their operations to reduce costs. This can result in better products and services for consumers. Additionally, the pressure to keep prices low can encourage businesses to improve their supply chain management and seek out more cost-effective materials and processes.Furthermore, it is important to consider the role of consumer behavior in absolute price competition. Consumers today have access to vast amounts of information, allowing them to compare prices easily across different retailers. This transparency empowers consumers to make informed choices, further intensifying price competition. As a result, businesses must not only focus on their pricing strategies but also on creating value through customer engagement, brand loyalty, and unique selling propositions.In conclusion, absolute price competition is a significant aspect of many markets, characterized by businesses competing primarily on price. While it can lead to benefits for consumers in the form of lower prices, it also poses challenges for businesses in terms of sustainability and profitability. Companies must navigate this competitive landscape carefully, balancing the need to offer attractive prices with the importance of maintaining quality and service. Ultimately, understanding absolute price competition helps both businesses and consumers make informed decisions in a dynamic economic environment.

在经济学的世界中，竞争是推动市场和影响消费者行为的基本概念。一个特定类型的竞争被称为绝对价格竞争，指的是企业主要基于价格进行竞争的市场场景。这种形式的竞争在产品同质化的市场中特别普遍，这意味着它们在质量和特性上基本相同。在这种情况下，消费者通常仅根据价格做出购买决定，导致卖家之间的激烈竞争，卖家努力提供尽可能低的价格。为了更好地理解绝对价格竞争，有必要检查其特征和影响。首先，在绝对价格竞争主导的环境中，公司可能会陷入降价竞赛，不断降低价格以吸引客户。这可能导致利润微薄，使企业在长期内难以维持生存。当公司在价格上激烈竞争时，它们可能会削减成本，以至于可能影响产品质量或客户服务，最终损害品牌声誉。此外，绝对价格竞争对市场动态也会产生重大影响。例如，当新进入者以较低价格进入市场时，现有参与者可能被迫降低价格以维持市场份额。这可能造成价格降低的循环，短期内使消费者受益，但对整个行业的健康构成风险。在某些情况下，长期的绝对价格竞争可能导致市场整合，只有少数强大的参与者生存下来，而较弱的竞争者由于不可持续的定价策略退出市场。另一方面，绝对价格竞争可以推动企业的创新和效率。为了保持竞争力，公司可能会投资新技术或优化运营以降低成本。这可以为消费者带来更好的产品和服务。此外，保持低价格的压力可以促使企业改善供应链管理，寻找更具成本效益的材料和流程。此外，考虑消费者行为在绝对价格竞争中的作用也很重要。如今，消费者可以获取大量信息，使他们能够轻松比较不同零售商的价格。这种透明度赋予了消费者做出明智选择的能力，进一步加剧了价格竞争。因此，企业不仅必须关注其定价策略，还必须通过客户参与、品牌忠诚度和独特的销售主张来创造价值。总之，绝对价格竞争是许多市场中的一个重要方面，其特征是企业主要在价格上竞争。虽然这可能在短期内为消费者带来价格较低的好处，但也给企业在可持续性和盈利能力方面带来了挑战。公司必须小心地驾驭这种竞争环境，平衡提供有吸引力的价格与维持质量和服务的重要性。最终，理解绝对价格竞争有助于企业和消费者在动态经济环境中做出明智的决策。