Definition, Meaning & Synonyms
undersold
verb
/ˌʌndərˈsoʊld/
Definition
To sell a product at a lower price than another seller.
Examples
- The store undersold all its competitors during the holiday sale.
- Our new pricing strategy has undersold major retailers, attracting more customers.
- She undersold her services to gain a foothold in the competitive market.
Meaning
When one business sells goods for less money than a competitor, making it more attractive to customers.
Synonyms
- Undercut
- Discounted
- Competed