"drop price" vs "reduce price"

Question

"drop price" vs "reduce price"

Both 'drop price' and 'reduce price' are correct phrases, but they are used in slightly different contexts. 'Drop price' is more informal and is often used in casual conversations or marketing contexts. On the other hand, 'reduce price' is more formal and commonly used in business or professional settings.

Last Updated: March 27, 2024

This phrase is often used informally or in marketing to indicate a decrease in the price of a product or service.

Examples:

We decided to drop the price of the new phone to attract more customers.
The store is planning to drop prices for the holiday season.
They always drop prices during their annual clearance sale.

Alternatives:

lower price
cut price
slash price
discount price
mark down price

This phrase is commonly used in business or professional settings to indicate a decrease in the price of a product or service.

Examples:

The company decided to reduce prices to stay competitive in the market.
We need to find a way to reduce prices without compromising on quality.
The store manager announced a plan to reduce prices on selected items.

Alternatives:

lower price
cut price
bring down price
decrease price
discount price

Answer 1

drop price

This phrase is correct and commonly used in informal or marketing contexts.

Answer 2

reduce price

This phrase is correct and commonly used in formal or professional contexts.

"drop price" vs "reduce price"

drop price

reduce price

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