how much stores sell the particular product for
the word retail price means .. the price paid by the consumer.:)
The retail price is what the shopkeeper charges the customer. For instance, apples on sale in a greengrocer will have a price label on them, that price label shows the retail price.
the retail price is the price that it is intended to be & the cost price is the actual price it is being sold as, for instance a famous brand jacket's retail price is £300 but in the store the costing price would be £250.
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Net price is wholesale pricing. This usually indicates that the manufacturer does not have a set retail price for its product, and whatever you retail the product for is up to you. So check with your competitors as to what is the average markup on that product for your industry.
yes
The retail price is what the shopkeeper charges the customer. For instance, apples on sale in a greengrocer will have a price label on them, that price label shows the retail price.
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It may have no effect if the retail price is raised. You can increase the retail and wholesale price margins by increasing the retail price, decreasing the manufacturers selling price or a combination of both.
The original retail price was $199.99.
It is called the consumer price. It may also be called the retail price.
the retail price is the price that it is intended to be & the cost price is the actual price it is being sold as, for instance a famous brand jacket's retail price is £300 but in the store the costing price would be £250.
Manufacturer's suggested retail price
Yes. The retail price is the price you pay in a retail outlet (shops etc) for an item, as opposed to wholesale price which is what the shopkeeper would pay the supplier or manufacturer for many of the items. The sale price is a discount on the normal price the retailer is giving you. It is, however, still the retail price.
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For Retail Price question....If Retail price is 12,995. Markup % is 12. what was the wholesale price?
The retail price would be 42.00 per jacket.
The meaning of SRP in retail stores is, Suggested Retail Price.