Price List Management – MRP vs Your Price
Consistent pricing saves time and avoids errors.
MRP
Maximum Retail Price—printed on packed goods. You can sell at or below MRP, not above (except in some cases).
Your Price
- Below MRP – Discount, promotion
- At MRP – Standard
- Loose items – You set price (no MRP)
Price Lists
- Retail – Walk-in customers
- Wholesale – B2B, lower price
- Credit – Sometimes higher for credit sales