recommended resale price

recommended resale price

the stipulation by a manufacturer of a ‘suggested’ retail selling PRICE for his product. Suppliers have no powers legally to enforce such prices and the actual prices paid by consumers are usually much lower than those recommended, depending on the intensity of price competition between retailers. Retailers find the recommended price' tag a useful benchmark on which to base special offers and clearance sale prices. See RESALE PRICE MAINTENANCE, PRICE MARKING (BARGAIN OFFERS) ORDER 1979.
References in periodicals archive ?
The RX Target Boards are available now through Renesas Electronics' worldwide distributors with a recommended resale price below $30 USD.
The recommended resale price between 1 and 1000 pieces is in the range of USD 30 to USD 40.
The system will automatically prompt an overall score on this car and a recommended resale price to staff," said deputy general manager Yasuhiro Konta.
The ordering part number for the Kit is ATF15xx-DK and the all-inclusive recommended resale price is US $99.
The recommended resale price of the new Starter Kit is $79.
Suppliers haven't even started issuing recommended resale prices yet.
I am satisfied that Dermalogica 'strongly discouraged' each of Fatal Attraction and Cafe Beauty from offering discounts on the recommended resale prices of Dermalogica products and that this discouragement was given force by the threat of withholding supply of goods.

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