I'm trying to understand the concept of SRP price. Could someone please explain what SRP stands for and how it's used in pricing strategies? I'm particularly interested in knowing how it differs from other pricing methods.
7 answers
Alessandro
Wed Nov 06 2024
The list price of a product is a crucial aspect of its pricing strategy.
Chiara
Wed Nov 06 2024
It is also referred to as the manufacturer's suggested retail price (MSRP).
Martino
Wed Nov 06 2024
Another term for it is the recommended retail price (RRP).
OliviaTaylor
Tue Nov 05 2024
Some also call it the suggested retail price (SRP).
EchoWave
Tue Nov 05 2024
This price serves as a guide for retailers on how much they should sell the product for.