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

Dollar Sales

Measures the total revenue generated from products sold at retail, calculated by multiplying the number of

Yield Management

A pricing strategy used to maximize revenue by varying prices based on demand and inventory levels.

Bulk Stacking

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