Margin & Trade Discount Flashcards
Is the percentage that presents how much the earned profit of a business based on its revenue
Margin
The amount by which a manufacturer reduces the retail price of a product that its sells to a retailer
Trade Discount
Commonly known as “ONE-OFF” discount that your business offer to customers or clients when their purchases meet a specific condition that would trigger the discount
Single Trade Discount
Refers to discount that is offered based on a number of different conditions
Discount Series
Is manufacturers recommended price for which the retailer should sell the product
List Price
Is manufacturers recommended price for which the retailer should sell the product
List Price
Is the amount of an item to be paid by the retailer to the manufacturer
Net Price