What does MSRP mean?

Answer 1

The (manufacturer's) suggested retail price (MSRP or SRP), list price or recommended retail price (RRP) of a product is the price the manufacturer recommends that the retailer sell it for. This helps to standardize prices among locations. While some stores always sell at below the suggested retail price, others do so only when items are on sale or closeout.

Suggested pricing methods may conflict with competition theory, as it allows prices to be set higher than would otherwise be the case, potentially negatively impacting consumers. However, resale price maintenance goes further than this and is illegal in many regions.

Much of the time, stores charge less than the suggested retail price, depending upon the actual wholesale cost of each item, usually purchased in bulk from the manufacturer, or in smaller quantities through a distributor.

Suggested prices can also be manipulated to be unreasonably high, allowing retailers to use deceptive advertising by showing the excessive price and then their actual selling price, implying to customers that they are somehow getting a "discount" or a "great deal".
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Answer 2

Manufacturers Suggested Retail Price

Answer 3

In North America, MSRP is an acronym for manufacturer's suggested retail price. The British equivalent is recommended retail price.

Most of the time, stores charge less than this price, however this depends upon the actual wholesale cost of each item, usually purchased in bulk from the manufacturer, or in smaller quantities through a distributor.

Answer 4

Manufacturer's Suggested Retail Price.

It is what the manufacturer suggests the price should be, but the store has the right to sell it for a different price.

Answer 5

Manufacturer's suggested retail price

Answer 6

Manufacturer's Suggested Retail Price.

Really, in actuality means nothing other than stores using it to make you think they are the only one's giving you such a great deal.

Answer 7

lol I like how you dislike all the answers. You mad how people saying you're too lazy to google MSRP, yet you manage post questions on here?

Answer 8

manufacturer's suggested retail price

Answer 9

manufacturer's suggested retail price

Answer 10

manufactor sugested retail price