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  2. List price - Wikipedia

    en.wikipedia.org/wiki/List_price

    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 its manufacturer notionally recommends that a retailer sell the product.

  3. Invoice price - Wikipedia

    en.wikipedia.org/wiki/Invoice_price

    So for example, if your cost price would be £150, then your trade/wholesale price would be around £250. Price for profit at the wholesale rate. Once the wholesale price is set, businesses normally double that price to create a retail price (“suggested retail price” to your wholesale customers).

  4. Unit price - Wikipedia

    en.wikipedia.org/wiki/Unit_price

    Average Price per Unit ($) = Revenue ($) / Units Sold or Average Price per Unit ($) = [Price of SKU 1 ($) * SKU 1 Percentage of Sales (%)] + [Price of SKU 2 ($) * SKU 2 Percentage of Sales (%)] + . . . The average price per unit depends on both unit prices and unit sales of individual SKUs.

  5. Dynamic pricing - Wikipedia

    en.wikipedia.org/wiki/Dynamic_pricing

    Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based pricing, is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands. It usually entails raising prices during periods of peak demand and lowering prices during periods of low demand.

  6. Retail sales, Consumer Price Index: What to know this week - AOL

    www.aol.com/finance/retail-sales-consumer-price...

    Thursday: Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ...

  7. Retail Price Index - Wikipedia

    en.wikipedia.org/wiki/Retail_Price_Index

    In the United Kingdom, the Retail Prices Index or Retail Price Index (RPI) is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services .

  8. Value-based pricing - Wikipedia

    en.wikipedia.org/wiki/Value-based_pricing

    Value-based price (also value optimized pricing and charging what the market will bear) is a market-driven pricing strategy which sets the price of a good or service according to its perceived or estimated value.

  9. List of price index formulas - Wikipedia

    en.wikipedia.org/wiki/List_of_price_index_formulas

    Price index numbers are usually defined either in terms of (actual or hypothetical) expenditures (expenditure = price * quantity) or as different weighted averages of price relatives ( ). These tell the relative change of the price in question. Two of the most commonly used price index formulae were defined by German economists and ...

  10. Psychological pricing - Wikipedia

    en.wikipedia.org/wiki/Psychological_pricing

    Psychological pricing (also price ending or charm pricing) is a pricing and marketing strategy based on the theory that certain prices have a psychological impact. In this pricing method, retail prices are often expressed as just-below numbers: numbers that are just a little less than a round number, e.g. $19.99 or £2.98. [1]

  11. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list ...