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The company rolled backed this pricing strategy after sales declined due to lack of discount stickers and other consumer signals of "getting good deals". [23] [24] [25] The period where prices were adjusted upward, resulted in price stickers that increased the price paired with huge discounts, creating consumer confusion. [26]
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3M Company (originally the Minnesota Mining and Manufacturing Company) is an American multinational conglomerate operating in the fields of industry, worker safety, and consumer goods. [5]
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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.
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