08/02/2025
You saw a trendy pair of sneakers on TikTok, and wanted to buy it on Temu. You opened the app to see that virtually everyone seemed to be selling similarly fashionable sneakers at prices rather lower than what you'd expected. An apt description for that situation is 'buyer's market'.
The idiom 'buyer's market' is a situation in which there is a lot of a particular item for sale, so that prices are low and people buying have a choice.
Example: It was a buyer's market for shoppers looking to get really trendy sneakers.
The opposite of buyer's market is 'seller's market'. In this instance, only few sellers of a particular item are available. For that reason, prices are high, and buyers nearly don't the liberty of choice.