Assortment

Assortment

The variety of products that a retailer offers for sale to meet the diverse preferences and needs of its customers.

Related Terms

Brand Loyalty

Refers to a consumer’s consistent preference for purchasing the same brand over competing ones, driven by

Forward Buying

Refers to the purchase of goods in quantities greater than immediately needed, with the intent to

Incremental Revenue

Represents the additional profit generated by a business as a result of increased sales volume. It