Price Mark Labels - What are price mark labels?
Definition of PRICE MARK LABEL:
Labels that are applied to products and carry the pricing information for that product. Price mark labels are usually printed with alphanumeric (variable) information or barcodes that are encoded with that information. Variable information is the information that is unique to a particular product or product range; this could include the recommended retail price (RRP) of a product or a price look up code (PLU) that is typed into a device or scanned to bring up the correct pricing information at point of sale. Price mark labels may also include identifying product information, such as a unique product code, to ensure that an item and a price have been correctly matched.
Here is the Harvard-style citation to use if you would like to reference this definition of the term price mark label:
Label Planet (2020) What are price mark labels? | Price Mark Labels Definition. Available at: https://www.labelplanet.co.uk/glossary/price-mark-label/ (Accessed: January 1, 2024).
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