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

Markdown Pricing

A pricing strategy where retailers lower the prices of products to boost sales and manage inventory

Advertising Allowance

Also referred to as marketing co-op allowance or promotional allowance, it is the dollar amount that

Bulk Stacking

Optimal way to story inventory in a vertical manner when there is large quantities or excess