Discount Codes, also referred to as Price Codes, are industry specific codes that suppliers use to identify List Price versus Net Cost discounts on their products. Generally, discount codes can be found directly following a retail price, in or around the pricing grid, or within the F.O.B. (Freight On Board) section of the catalog page. ASI members can view more information about the Discount Codes.
While all ASI publications and research tools use PQR coding, from time to time, the codes be displayed as ABC coding. The good news is that these two coding systems are the same in practice.
As part of your ASI Membership, you will receive catalogs from ASI-listed suppliers. These catalogs include retail pricing and will be coded. If you receive a catalog without these codes, the pricing listed in the catalog may be net pricing. Contact the supplier before showing it to a customer, as it is a possibility that the customer is familiar with these codes and could calculate the net cost.