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- Now that Netscape Communications (NSCP) no longer charges for its flagship browser, it has decided to cut prices on its retail products and compensate retailers for any losses incurred.
www.cnet.com/tech/tech-industry/netscape-cuts-prices-on-retail-products/
People also ask
What is retail pricing?
Should suppliers and retailers discuss resale prices with their competitors?
Can a supplier control online prices?
Can resale prices be disguised?
Jan 31, 1998 · Netscape will slash the price to resellers by $10 and reimburse retailers the same amount for each unit that remains in stock on January 31, group product manager Sol Goldfarb said today.
In this exploration of retail pricing, we’ll decode how prices are set, the factors influencing these decisions, and what these prices mean for you, whether you’re the one doing the selling or the buying.
- Suppliers Can Generally Use Non-Binding Recommended Or Maximum Resale Prices
- Can Suppliers Discuss RRPS with Their Retailers?
- Can A Retailer Complain to Its Supplier About Other Retailers’ Prices?
- Legitimate Responses – But Be Careful
- What About Online Sales?
- What About Limiting Sales to Online Marketplaces?
A supplier can, however, issue non-binding RRPs for its products or impose maximum prices above which its retailers or distributors may not resell the products, provided that the RRP or the maximum price does not amount to a fixed or minimum resale price as a result of pressure or incentives. If both the supplier’s and the buyer’s market shares do ...
A supplier may seek to collect the opinions of its retailers about whether its RRPs are set at appropriate levels. However, there is a risk that such discussions might be interpreted as an attempt by the supplier to ensure that the retailer will observe the RRPs, or as an agreement on future resale prices between them. These risks are increased if ...
It is not uncommon for a retailer (retailer A) to complain to a supplier (supplier B) about the low prices charged by a competing retailer (retailer C), with the intention or expectationthat the supplier will pressurise retailer C to increase its prices or in some way punish C. However, if, following the complaint, the supplier does take that actio...
In principle, it is likely to be legitimate for retailer A to ask the supplier B, referring to its general market intelligence that retailer C is selling products more cheaply, if it is receiving the best commercial terms from the supplier, and to seek to obtain a lower input price from the supplier on a purely bilateral basis. However, if followin...
Given the increasingly intense price competition arising from online selling, a supplier may wish to try and control the prices charged or advertised online by its retailers. However, the rules on pricing described above apply equally to a situation where the retailer sells online as they do to sales from bricks and mortar outlets. A supplier also ...
Another topical issue is the question of whether suppliers can restrict retailers from selling on online platforms and marketplaces such as Amazon and eBay, and through price comparison websites. The usual concern of suppliers is that these platforms cause even stronger downward pricing pressure on retail prices, that the presentation of the produc...
Jan 17, 2020 · We didn’t engage in price chopping and eventually the price-cutting “derelict” would disappear. Yet as soon as one sank beneath the waves, two more would appear, ready to sell below cost. We managed to keep our customers without cutting prices, despite fierce competition. The reasons why had nothing to do with price.
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Apr 8, 2024 · Let’s break down the hows and whys retailers choose prices for their products, so you can plan with confidence. What are retail prices? A retail price is the number you see on the price tag. It’s the final cost of an item in a store, the price that the customer pays.
Aug 20, 2020 · RRP stands for Recommended Retail Price. Also known in the UK as the list price, it was designed so that the prices don’t dramatically vary in different stores, and when setting it at a certain point, manufacturers keep the whole chain of distribution in mind.
Oct 7, 2023 · Retail pricing refers to the final cost at which a product is sold to the end consumer. Customers pay the price for the finished product when they purchase it from a retail store. The retail price takes into account various factors such as production costs, supply and demand, market trends, competition, and customer psychology.