We are independent & ad-supported. We may earn a commission for purchases made through our links.

Advertiser Disclosure

Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.

How We Make Money

We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently from our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What is a Big Ticket Item?

Tricia Christensen
By
Updated May 16, 2024
Our promise to you
SmartCapitalMind is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At SmartCapitalMind, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

The "big ticket" item is American slang for those goods that usually have a high value and may be considered as luxury goods. People who watch economic trends in the retail market sometimes call them BTIs. For instance, an economist might note in an economically depressed period that sales of luxury items decline. In a period when the economy is stable or growing, you might note greater sales totals for big ticket items.

There are many things that can be called a big ticket item. They don’t necessarily have to be bigger in size to be higher in cost. For instance, a small laptop computer that is the latest product might be considered to be such an item. Other luxury items are more expensive because they are bigger. Luxury cars, private airplanes, and second residences are some of the largest of big ticket items, with the highest prices.

Many other big ticket item types are more modest. For instance, an iPod® or a Blackberry® may be considered big ticket in certain markets. Most computers, and certainly things like home surround sound systems, and plasma and high definition televisions are big ticket.

There’s no specific price demarcation for what makes an item big ticket. In a store that sells varied types of merchandise, most of the higher priced goods would be considered BTIs. Managers may emphasize to salespeople the importance of selling a big ticket item when they can, since this tends to maximize profits.

In an auto dealership, the difference between a simple car and a big ticket item may amount to those cars that are more expensive models, and have more customized features. Some people might look at all new automobiles and consider them big ticket, but in most cases, a Hyundai® is going to be a lot smaller of a ticket than a brand new Jaguar®.

Mostly, the big ticket item doesn’t refer to something you need, but rather something extra. In most cases, nobody needs a television screen that covers an entire wall of your house. It might be nice, but it is a luxury. On the other hand, you usually do need things like a refrigerator, a stove and a washer and dryer. Though these might be considered big ticket items within a store, only the most expensive ones with extra features are truly luxuries. For instance, you can pay 300 US dollars (USD) for a washing machine, or pay 1000 USD for a front-loading one that is energy efficient. It’s a nice upgrade, but not a necessary one, hence the bigger ticket status.

SmartCapitalMind is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Tricia Christensen
By Tricia Christensen , Writer
With a Literature degree from Sonoma State University and years of experience as a SmartCapitalMind contributor, Tricia Christensen is based in Northern California and brings a wealth of knowledge and passion to her writing. Her wide-ranging interests include reading, writing, medicine, art, film, history, politics, ethics, and religion, all of which she incorporates into her informative articles. Tricia is currently working on her first novel.

Discussion Comments

By letshearit — On May 24, 2011

If you are planning to buy a big ticket item, there are always sales to be found on most brand names. Our family found a fantastic deal on some top of the line appliances at a going out of business sale and saved a lot of money.

I think that while something may be considered big ticket, it doesn't mean you can't find a sale. In fact, I think a sale is needed for big ticket items more than anything else.

Has anyone else managed to nab what would be considered a 'luxury' good for a good price?

I know there are some great deals to be found at online auctions.

By Sara007 — On May 21, 2011

I have always considered a big ticket item to be a purchase that you, or your family, would only make once in a blue moon. That brand new flat screen TV, the new laptop, and something like a new car.

While we don't always go for top of the line items, dropping a lot of money on something that you normally would never buy seems like a big ticket item to us.

Even on sale, things like a new TV can run well over a thousand dollars.

I think an individual should decide what their big ticket item really is. If it is a big purchase for you and your spending a lot, I think it fits.

Tricia Christensen

Tricia Christensen

Writer

With a Literature degree from Sonoma State University and years of experience as a SmartCapitalMind contributor, Tricia...
Learn more
SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.

SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.