What term describes the price increments between casket prices arranged in order of increasing value?

The term that best describes the price increments between casket prices arranged in order of increasing value is "Price progression." This concept refers to how prices are systematically structured to reflect an increase in value and features as one moves up from lower to higher-priced caskets. In the context of funeral merchandising, a clear price progression allows consumers to easily understand the differences in features, materials, and benefits associated with caskets at various price points. This organization helps to guide families in making informed decisions based on their budgets and preferences.

Understanding price progression is important for funeral service professionals as it directly impacts how they present options to families. It ensures that clients perceive the value in each tier of pricing and helps create a structured and transparent pricing environment. By clearly delineating increments, it allows for straightforward comparisons and can enhance the family's comfort with their purchasing decision.

Other terms like price hierarchy or price structure may refer to broader concepts that include relationships among different pricing strategies or profit levels, while price escalation involves an increase in prices over time rather than the organized increments in a pricing list.