Answers
Oct 08, 2021 - 12:00 PM
MSRP - Manufacturer's Suggested Retail Price. Monetary number that the manufacter suggests the product should sell for. It should be greater than $0 and be greater than all prices.
Jobber - It's what one company would sell their goods to another retail company for. It should be greater than $0 and be greater than cost but less than MSRP. Think of it's a wholesale price.
Web/MAP Price - Price which is shown on your web site for the product. It should be less then MSRP.
Cost Price - Your cost. Typically based on Jobber and it should be the lowest price from all prices.
Jobber - It's what one company would sell their goods to another retail company for. It should be greater than $0 and be greater than cost but less than MSRP. Think of it's a wholesale price.
Web/MAP Price - Price which is shown on your web site for the product. It should be less then MSRP.
Cost Price - Your cost. Typically based on Jobber and it should be the lowest price from all prices.
