Wholesale 101

If you are looking to purchase wholesale chances are you have seen listings that say things like “MSRP: $500” or “Total RTV: $3,000”, but what does this mean? Let’s find out!MSRP means “Manufacturers Suggest Retail Price”. This is the price printed on the paper store tag:As you can see from the image above, this specific authentic Ralph Lauren Camel Hair (Yes, it’s actually made from Camel Hair!!) sweaters “MSRP” is almost $400! Which I suppose makes a lot of sense because I don’t even unde …