What is the MSRP?

MSRP Stands For - Manufacturer's Suggested Retail Price

Wholesale Video Tip 12 will teach you what 'MSRP' stands for and how it impacts your online business. If you have an online retail or home based business, you need to be able to effectively communicate with your wholesale suppliers and wholesale dropshippers. That's how you make the most of your supplier relationships. You need to speak their language, which means understanding the wholesale jargon and industry terminology they throw around. When you know what suppliers are saying, you can approach them with confidence. Learn the terms that you'll frequently come across when you work with wholesalers and dropshippers, in Wholesale Tips 11-20.