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It depends on the product, the manufacturer and the demand for the product. A Manufacturer establishes the Suggested Retail Price (MSRP); however, the retail price is set by each individual retail outlet. Generally speaking, you would expect the retail price to be lower than MSRP, especially if the item is advertised "on sale". However, there are times when the manufacturer might put pressure on the retailers to sell the product at MSRP (no discount and no premium); and in that case, MSRP is equal to, or the same as the retail price. This is typical of game boxes such as Nintendo or Xbox. Also, there are times when demand is greater than supply and retailers will sell the product above MSRP. This sometimes happens with a new model vehicle like the first year(s) of the Mazda Miata or the new Mini Cooper.
What else can I help you with?
Can A product sell for its Manufacturers Suggested Retail Price?
Usually, yes, that's the point. All "Manufacturer's Suggested Retail Price" means, is that the price of the MSRP is the lowest price that the retailer can advertise. The retailer can choose to sell at a lower price than MSRP, but cannot advertise it. The retailer is allowed to charge a higher price, if they choose, and advertise at the higher price, also if they choose to, but in most cases would be foolish to do so.
What is the difference in buying spa products at wholesale and retail price?
There is a large difference between wholesale and retail prices for any product. Wholesale price are much lower so the retailer is able to markup the price and make a profit off the sale of the item.
What are retail prices?
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.
What is the difference between the cost price 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.
Retail price of a ring is 2150 the sale price is 1000 what sale percentage is taken off of the retail price?
53.488372093023255813953488372093%
What does MSRP stands for?
Manufacturer's suggested retail price
What is the price of something called?
(MSRP) Manufactures Suggested Retail Price.
What is does msrp mean?
Manufacturer's Suggested Retail Price
Does the MSRP include sales tax?
No, the Manufacturer's Suggested Retail Price (MSRP) does not include sales tax.
How do you describe the dealer sticker price of a vehicle?
MSRP, or Manufactures Suggested Retail Price.
What does an MSRP mean?
MSRP Means ( Manufacturer's Suggested Retail Price )MSRP' The amount of money for which the company that produces a product recommends that it be sold in stores. MSRP does not necessarily correspond to the price retailers actually use or to the price customers are willing to pay.
What was the price of LP record in 1965?
$5.98 MSRP (manufacturer's suggested retail price).
Can A product sell for its Manufacturers Suggested Retail Price?
Usually, yes, that's the point. All "Manufacturer's Suggested Retail Price" means, is that the price of the MSRP is the lowest price that the retailer can advertise. The retailer can choose to sell at a lower price than MSRP, but cannot advertise it. The retailer is allowed to charge a higher price, if they choose, and advertise at the higher price, also if they choose to, but in most cases would be foolish to do so.
What is the original sticker price of a 1997 Porsche C4s?
The original MSRP or Manufacturer's Suggested Retail Price of a 1997 Porsche C4S is $81,700. In 2003, the C4S had an MSRP of $83,500.
In new car sales, how much does sticker price generally vary from MSRP?
The MSRP or manufacturer's suggested retail price is the same as the 'sticker price' since MSRP is required to be displayed. It will include the 'base price' which is without additional options. 'Dealer invoice' is generally what the manufacturer charges.
Which of the following describes the dealer sticker price of a vehicle?
the (MSRP) sticker price plus the suggested retail price of dealer-installed options...
Do dealers of new cars set their own prices or rely on MSRP?
Dealersof new cars set their own prices which are often below MSRP. Actually MSRP stands for Manufacture SUGGESTED Retail Price, so it is only a suggestion at what price dealer should and could sell the price.
