Average Items Carried (AIC)

Average Items Carried (AIC)

Average number of items that a retailer has within a category, brand or segment.

Related Terms

High-Low Pricing

A strategy where a company sets an initial high price for a product and later reduces

Product Variants

A specific version of a ‘master’ product that is differentiated by one or more attributes, such

Convenience

A small-format retail outlet that offers a limited selection of basic and immediate consumption items, such