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Encyclopedia > MSRP

MSRP stands for "Manufacturer's Suggested Retail Price".


Under earlier U.S. state "Fair Trade" statutes, the manufacturer was able to impose a fixed price for items. These fixed prices could offer some price protection to small merchants in competition against larger retail organizations. These were determined to be in restraint of FREE TRADE ... Fair trade products shown at XI Unctad. ... A statute is a formal, written law of a country or state, written and enacted by its legislative authority, perhaps to then be ratified by the highest executive in the government, and finally published. ... Manufacturing is the transformation of raw materials into finished goods for sale, or intermediate processes involving the production or finishing of semi-manufactures. ...


However some manufacturers have adapted MSRP - a price at which the item is expected to sell. This may be unrealistically high, which opens the market to "deep discounters", able to sell products substantially below the MSRP. Recent trends have been for manufactures to set the MSRP closer to the "street price" — the price at which items actually sell in a free market.


A common use is due to statutory requirements regarding automobile sales in the United States. Prior to this there were no defined prices, and dealers were able to impose arbitrary markups, often with prices adjusted to what the salesperson thought that the prospective purchaser would be willing to pay. Currently "sticker price" includes a substantial markup so high that dealers will often be willing to reduce this margin, while for new and popular cars the dealers will often impose additional charges for high margin dealer items such as interior floor mats, striping, and the like and even sometimes "dealer preparation". Regardless of these up and down adjustments, MSRP gives the consumer a starting point for negotiation. There is more than one usage of the word markup. ... Sales, or the activity of selling, forms an integral part of commercial activity. ...


See also


  Results from FactBites:
 
MSRP-based Pricing Program for LynxOS: Reduced royalty fees for makers of low-cost consumer electronic devices (260 words)
LynxOS royalties scale based on the MSRP of devices priced at $150 and above, and manufacturers get one fixed low cost per product, regardless of the number of processors and LynuxWorks software content in the device.
As a result, LynuxWorks' customers can lower the cost of goods in their production devices and fix those costs based on the MSRP rather than volume.
In the past, developers were locked into substantial volume commitments to get a desirable price, or were forced to sacrifice quality and performance with the operating system they chose.
Relay Extensions for Message Sessions Relay Protocol (MSRP) (6457 words)
MSRP (Message Sessions Relay Protocol) is a protocol for near-real-time, peer-to-peer exchange of binary content without intermediaries, which is designed to be signaled using a separate rendezvous protocol such as SIP.
MSRP Nodes respond to SEND requests by taking the first URI form the From-Path and placing that in a To-Path header in the response, and placing their URI in the From-Path of the response.
The MSRP relay MAY choose whether to further fragment the message, or combine message fragments, or send the message as is, based on some policy which is administered, or based on the network speed to the next hop, or any other mechanism.
  More results at FactBites »


 

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