Average Price

Average Price

Weighted average of actual price and promoted price for an item.

It does not take into account the package size of the product.

Related Terms

Prestige Pricing

A pricing strategy where products are priced at a premium to signal superior quality and status,

Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of

Blocking

Also called facing, zoning or fronting, a retail merchandizing concept where all products of the same