Average Selling Price (ASP)

Average Selling Price (ASP)

The price at which a product is usually sold.

It is calculated for the product across distribution channels, category or even the market as a whole.

Related Terms

Brand positioning

Refers to the unique offering or key differentiations of the brand’s products for its customers.

Lifestage

Refers to one of the distinct phases within a retail business’s lifecycle, encompassing its birth, growth,