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  2. Template:Format price - Wikipedia

    en.wikipedia.org/wiki/Template:Format_price

    No description. Template parameters [Edit template data] Parameter Description Type Status value 1 the value that will be formatted and displayed Example 1,000 Number required digits 2 sets the digit in which a value lower than one thousand must be rounded, defaulting to "2" (cents) if unspecified Number suggested The above documentation is transcluded from Template:Format price/doc. (edit ...

  3. Template:Format price/digits - Wikipedia

    en.wikipedia.org/wiki/Template:Format_price/digits

    This sub-template takes a number and reformats it to only 3 digits and a dot (if needed), provided it's in the 0–999.9999..... range. It's used internally by {{Format price}} for producing pleasant looking numbers, and isn't meant to be called directly. Its behavior outside the specified range isn't planned for and will result in an undefined ...

  4. List price - Wikipedia

    en.wikipedia.org/wiki/List_price

    This 1916 advertisement distinguishes the list price and a lower our special price.. The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product.

  5. Price optimization - Wikipedia

    en.wikipedia.org/wiki/Price_optimization

    Price optimization utilizes data analysis to predict the behavior of potential buyers to different prices of a product or service. Depending on the type of methodology being implemented, the analysis may leverage survey data (e.g. such as in a conjoint pricing analysis [7]) or raw data (e.g. such as in a behavioral analysis leveraging 'big data' [8] [9]).

  6. Pricing strategies - Wikipedia

    en.wikipedia.org/wiki/Pricing_strategies

    A retail pricing strategy where retail price is set at double the wholesale price. For example, if a cost of a product for a retailer is £100, then the sale price would be £200. In a competitive industry, it is often not recommended to use keystone pricing as a pricing strategy due to its relatively high profit margin and the fact that other ...

  7. Dynamic pricing - Wikipedia

    en.wikipedia.org/wiki/Dynamic_pricing

    A changeable prices menu at a fast food stand on Emek Refaim Street in Jerusalem. Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based pricing, and variable pricing, is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands.