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

Promotion Effectiveness

Refers to the degree to which a promotional marketing campaign successfully achieves its intended objectives, such

Merchandising

It includes the comprehensive strategies and practices retailers employ to promote and sell products to customers

Brand Assessment

Evaluates a brand’s strengths, weaknessess and opportunities for brand development and repositioning.