Definition : Magic price

A ‘magic price’ refers to a specific amount or value that is believed to have mystical or supernatural powers, often associated with luck or good fortune. This term is commonly used in the context of buying and selling goods or services, where a certain price is seen as the perfect balance between affordability and quality. It is believed that if a product or service is priced at the ‘magic price’, it will attract customers and bring success to the seller. The concept of a ‘magic price’ is subjective and can vary depending on cultural beliefs and market trends. In some cases, it may also refer to a discounted price that seems too good to be true, adding to the sense of enchantment surrounding it. Overall, the ‘magic price’ is a powerful and alluring concept that can influence consumer behavior and shape the success of businesses.

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