Club

Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of bulk-sized grocery products, and general merchandise at reduced prices in a no-frills, warehouse-like setting.

Customers can fulfill most of their weekly shopping needs in one visit, benefiting from the economies of scale.

Related Terms

Baseline Sales

Amount of organic sales for a product in a marketplace without any marketing effort.

Average Price

Weighted average of actual price and promoted price for an item. It does not take into