//Manufacturer’s Suggested Retail Price (MSRP)
Manufacturer’s Suggested Retail Price (MSRP) 2017-08-10T17:39:58+00:00

Manufacturer’s Suggested Retail Price (MSRP)The Manufacturer’s Suggested Retail Price is a price the manufactures believe that the products should be sold for. The retailer is not obliged to sell or advertise for that price. Still answering the MSRP is suggested and expected from the retailer.
In this amount, the manufacturer has taken into account the production costs and other variables, such as the merchandise’s supply and demand. The MSRP is usually 2-3 times the cost of production. The MSRP consists of cost price, manufacturers profit margin and the retailers profit margin.