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List Price is the manufacturer's suggested retail price (RRP) of a product. The motive for List Pricing was to help regulate prices among various jurisdictions.This will affect whether retailers chose to sell at the RRP or below, or on how long they wait to reduce prices.
See also:
Market entry
Segment, Sample (market research), McKinsey Seven S's of Management (or 7-S Model), Leader pricing, Relative market share, Brand mapping , Premium pricing, Environmental scanning, Defining Advertising Goals for Measured Advertising Response (DAGMAR), Corporate fact sheet, Key performance indicator (KPI), Life cycle (product), Positioning, Monopoly, Focused Advertising Sampling Technique (FAST) Marketing,
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