What is the difference between "Price" and "Market Price"?

Here's how a "Price" and a "Market Price" differ, which also applies when implementing discounts and offers.

Market Price: 

• The "Market Price" refers to the regular or standard cost of a product.

• It is the original, non-discounted amount that a customer would typically pay for the item.

• This is the baseline cost before any promotions, discounts, or special offers are applied.

Price:

• The "Price" is a discounted or reduced cost for a specific period or under particular conditions.

• It is the temporary or promotional price that is lower than the regular price.

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For additional information on selling products, kindly refer to the "Sell Online" section.