switching cost
noun[C]
COMMERCEukusthecostofmovingyourbankaccountto anotherbank,changingto a differentphoneservice, etc:
People put up withbadservicebecause theswitchingcostsare high.
Examplesofswitching cost
switching cost
The more a client buys from a vendor, the higher theswitchingcost.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.It allows vendor lock-in as it increases theswitchingcost.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.She found that switching language did yield aswitchingcost.
From theCambridge English Corpus
A bilateral monopoly model is often used in situations where the switching costs of both sides are prohibitively high.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Simultaneously, lower switching costs, the geographical widening of the market and the vast choice of content, services and products available online have weakened customer loyalty.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Switching costs play a huge role in where, what, and why consumers buy what they buy.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Switching costs of consumers are also included in use costs.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The serf is a market share also-ran in a market with low switching costs, serfs enter and exit product categories opportunistically based on short lived offer power advantages.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Although in this case today's law is not efficient any more, the switching costs are too high to justify its change.
From theCambridge English Corpus
Pulsed power costs were based on the sum of stored energy and switching costs.
From theCambridge English Corpus
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- inquire-into
- inquire into something
- inquire into sth
- inquire-into-sth
- inquirer
- inquire within
- inquire-within
- inquiring
- inquiringly
- insurance settlement
- insurance settlement
- insurance underwriter
- insurance-underwriter
- insure
- insure-against
- insure against something
- insure against sth
- insure-against-sth
- insured
- insured loss
- insured person
- insurer
- insurgency
- insurgent
- insurgent attack