List price and Retail

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Difference between List price and Retail

List price vs. Retail

The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP), of a product is the price at which the manufacturer recommends that the retailer sell the product. Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit.

Bangladesh

Bangladesh (বাংলাদেশ, lit. "The country of Bengal"), officially the People's Republic of Bangladesh (গণপ্রজাতন্ত্রী বাংলাদেশ), is a country in South Asia.

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Car

A car (or automobile) is a wheeled motor vehicle used for transportation.

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Discount store

A discount store or discount shop is a retail shop which sells products at prices that are lower than the typical market price.

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Distribution (marketing)

Distribution (or place) is one of the four elements of the marketing mix.

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India

India (IAST), also called the Republic of India (IAST), is a country in South Asia.

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Merchant

A merchant is a person who trades in commodities produced by other people.

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Price

In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.

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Product (business)

In marketing, a product is anything that can be offered to a market that might satisfy a want or need.

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Retail

Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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Wholesaling

Wholesaling, jobbing, or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional, or other professional business users; or to other wholesalers and related subordinated services.

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