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Explanation - Price

Price

Retail Price is the price consumers pay for a product. The retailer keeps a proportion of this (the retailer margin), and the remainder is the wholesale price the retailer pays to the manufacturer.

See Also

Screen - Marketing and Production

Explanation - Product Window

Explanation - Finished Goods Inventory

Screen - Advertising

Screen - Product PR

Screen - Launch New Product

Screen - Modify Product

Screen - Abandoning Products

Explanation - Decision Period