Posted in the Business News Forum
#1 Feb 16, 2013
Minimum Advertised Price; This company will help people start bargaining at the lowest price at which they legally can, that being the Minimum Advertised Price. It could alternatively sell at the Minimum Resale Price which is the lowest legal price at which something can be sold so customers can shop more quickly and save money. It is also illegal to buy below it so people will check our site before making a purchase since they want to make sure that they are not breaking the law. Alternatively, sellers could be forced to make legal promises that the price they put up is their lowest achieving the same effect. Customers might want to buy at the MSRP since it brings just enough service for the average buyer with it. People could be looking for a price that is a cent below what they've seen.
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