The phrase "entry price" refers to the initial cost or price required to enter or buy something, such as a product, service, or market. It describes the amount of money you need to pay to gain access or ownership. Full definition
However, the low entry price of just $ 500 does limit downside risk. (thecollegeinvestor.com)
The company does promise that more features are on the way, but in the meantime, $ 20 is still an extremely low entry price for a smart speaker. (techhive.com)
I would suggest they make a second version with 40 - 50 km electric range to have a lower entry price point and let people chose which they want. (greencarcongress.com)