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Minimum Retail Price
The lowest price at which a product is allowed to be sold, often set by the manufacturer to maintain a product's perceived value.
Independent Buyers
Individuals or entities that purchase goods and services for their consumption or use, not influenced by the manufacturer's or seller's affiliations.
Price Matching
A policy where a retailer agrees to match a lower advertised price from a competitor on identical items.
Discount Pricing
A pricing strategy where products or services are offered to customers at lower than usual prices, often to stimulate demand or clear out inventory.
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