Base Price

Base Price

Also referred to as non-promoted price, it is the average price of an item across all stores.

Market conditions, competition, and production costs constitute the base price.

Related Terms

Category management

Involves grouping products into suitable categories and managing category performance. This involves inputs from both brand

Unplanned Out-of-Stocks

Instances where a product is unexpectedly unavailable for purchase, often resulting in lost sales and dissatisfied

Product Variants

A specific version of a ‘master’ product that is differentiated by one or more attributes, such