Base Price

Base Price

Also referred to as non-promoted price, it is the average price of an item across all stores.

Market conditions, competition, and production costs constitute the base price.

Related Terms

Brand Affinity

It is the level of positive association and emotional connection that consumers have with a particular

Brand positioning

Refers to the unique offering or key differentiations of the brand’s products for its customers.

Blocking

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