The knocking down price refers to a reduced or discounted price for a product or service. It is often used in the context of sales and negotiations, where the original price of an item is reduced to a more affordable or attractive level in order to persuade potential buyers to make a purchase.
This term is derived from the act of "knocking down" the price, similar to how a hammer knocks down a nail, indicating a reduction or lowering of the price. The knocking down price can be offered for various reasons, such as to attract customers, clear inventory, or generate sales volume.
The knocking down price is a common strategy used by retailers, especially during promotional periods, seasonal sales, or when trying to compete with other sellers in a highly competitive market. By lowering the price, businesses hope to entice customers who may have been hesitant or reluctant to buy due to affordability concerns.
The knocking down price can also be seen in negotiation scenarios, where parties are discussing the terms of a deal or agreement. In this context, it represents a reduction in the original asking price in order to reach a compromise or satisfy both parties involved.
Overall, the knocking down price signifies a discounted rate or reduced cost, aiming to attract customers, increase sales, or facilitate negotiations.
