What is Suggested Retail Price?
The Suggested Retail Price (SRP) is the price at which manufacturers recommend their cigars be sold by retailers. This price is determined based on the cost of production, marketing, and distribution, and is often used as a guideline for cigar shops and online retailers. The SRP can vary depending on factors such as the rarity of the cigar, the quality of the tobacco, and market demand. While the SRP provides a standard price, cigars may be sold at different prices depending on the retailer, promotions, or location.