RETAIL PRICE SCHEDULE 2025

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  1. Click ‘Get Form’ to open the RETAIL PRICE SCHEDULE in our editor.
  2. Begin by entering the 'Name of Embassy or Consulate Facility' and 'Survey Date' at the top of the form. This information is crucial for identifying your submission.
  3. Proceed to the 'MEAT AND DAIRY PRODUCTS' section. For each item listed, input the 'Quantity', 'Unit', and 'Price'. Use the 'Comments' field for any additional notes or typical substitutes.
  4. Continue filling out subsequent sections such as 'GROCERIES', 'ALCOHOL AND TOBACCO', and others, following the same format: specify quantity, unit, price, and comments.
  5. Review all entries for accuracy before finalizing your document. Ensure that all required fields are completed.

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You can use picture frames, hanging chalkboards, wooden signs, self-standing cardboards and even table tent cards to display the prices in each section, and it doesnt have to be expensive. A quick trip to the dollar store can get you the materials you need to make something super presentable.
Cost of goods + Markup = Retail Price: This formula is used to calculate the retail price of an item. The cost of the goods is added to the markup, which is a percentage of the cost that is added to the price, to arrive at the retail price.
Generally the retail price is calculated as Retail Price = Cost of Goods Sold + Markup. Markup = $ above Cost of Goods Sold to meet margin goals. For example, a business targets a 50% margin on a product. The products COGs is $10that means they should charge $20 to achieve a 50% margin.
The formula for PTR is: PTR = (MRP (MRP * (Retail Margin / 100))) / (1 + (GST / 100))
Pricing products in retail involves making use of one or more of these strategies- the choice is made based on the product, brand, availability in the market, target consumers, competitor behavior, and many other contributing factors- but it is not possible to simply choose one strategy and stagnate; pricing must