What is sale price?

What Does sale price Mean

From the Latin pretium , the price is the monetary value that is assigned to something. This monetary value is expressed in money and indicates the amount that the buyer or customer must have to get a product or service.

The sale , on the other hand, consists of the transfer of ownership of an asset to another person after payment of the agreed price . When a product is for sale and an individual wants to buy it, he has the obligation to deliver a certain amount of money to complete the operation.
The sale price , therefore, is the money that the consumer must pay to buy a product . In everyday language, it is simply speaks price ( "What is the price of that black pants?" , "This store is characterized by higher prices of the market" , "Excuse me, let me know the price of the new book Ana María Matute ” ).

In a free market, the selling price is established through the law of supply and demand : if supply increases, the price falls; On the other hand, if the supply decreases (that is, there is a shortage of the products offered), the price increases.
When there is a monopoly , the selling price is set unilaterally by the company that dominates the market ; There is no competition and the consumer, therefore, must pay the amount that the company requires to purchase any of its products.
According to its purpose or the criteria used when establishing it, it is possible to distinguish between the following types of sale price:
* wholesale : paid by wholesalers when they make very large purchases ;

* Retail : that paid by final consumers;

* authorized : requires an authorization from the corresponding administration to be increased;

* gross : the value on which it remains to make the relevant discounts;

* set : used to offer "packs" (also called "bundles") of two or more articles or services together;

* Cost : is the representation of all the expenses that have taken place to develop the product or service and bring it to the market;
* in two parts : it is used in services and consists of dividing the price into two parts (a fixed fee , which represents the subscription, and another variable, according to the use or consumption of the service in question);

* usual : remains intact for a long period of time;

* from the list or from the market : it is the one that accompanies the products in a catalog;

* Net : is the amount that the consumer must pay to purchase a good (all relevant discounts have been applied);

* offer: it is less than the usual price and is used for a very specific purpose. It may well be part of a strategy to recover customers or to promote a product, a service or the company itself more effectively, being more accessible to the eyes of consumers;

* of origin : for agricultural or marine products, indicate the price in their land of origin. For industrial-type items, we usually speak of the factory price ;

* optimal : the most appropriate from any point of view, which benefits the company in every possible way and which attracts consumers infallibly;

* Package : Similar to the bundle price, sets a monetary value for a bundle of products, which adds up to less than the individual sales prices combined. The difference is that these packages serve to give out the least demanded items, uniting them to the most successful ones;

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