The list price of a product is the price at which the manufacturer recommends that the product be sold. The list price is usually the highest price that a product will be sold for, and is typically set by the manufacturer.
Is list price same as cost price?
No, list price is not the same as cost price. List price is the price at which the product is offered for sale, while cost price is the price at which the product is actually purchased. The difference between the two prices is the profit margin for the seller.
What is list price and selling price? List price is the suggested retail price of a product as determined by the manufacturer. The selling price is the price at which the product is actually sold. The difference between the two prices is the markup, which is used to cover the costs of marketing and selling the product, as well as the retailer's profit margin. Is list price same as net price? No, the list price is not the same as the net price. The list price is the suggested retail price of a product, while the net price is the actual price that the customer pays after discounts and rebates. What is an example of a list price? A list price is the suggested retail price of a product as determined by the manufacturer. This price is usually displayed on the product's packaging or on the manufacturer's website. The list price is usually higher than the actual selling price of the product, as retailers typically offer discounts on products to attract customers.
What is another word for list price?
The term "list price" is most commonly used in the business world to refer to the price of a product or service as listed in a company's price list or catalog. However, there are a number of other terms that can be used to describe the list price of a product or service, including suggested retail price (SRP), manufacturer's suggested retail price (MSRP), and suggested list price (SLP).