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

Incremental Revenue

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

Category Manager

The person is responsible for overseeing a specific category of products of a brand. They develop

Brand Loyalty

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