[price] {oneself} out of the market
1
to sell one's services or goods at such a high and unreasonable price that people refuse to buy them
The origin of the idiom "price oneself out of the market" is not precisely known, but it likely developed from business and economic contexts. This phrase is used to describe a scenario where someone or a business sets prices so high that they lose competitive advantage and fail to attract customers.
- The artisan coffee shop increased its prices significantly, eventually pricing itself out of the market as customers turned to more affordable alternatives.
- The luxury brand priced itself out of the market, and only a select few could afford their products.