Basket Size

Basket Size

The amount that a customer spends in a retail store in single transaction.

Related Terms

Assortment

The variety of products that a retailer offers for sale to meet the diverse preferences and

Everyday Low Price (EDLP)

A retail pricing strategy offering customers consistently low prices on products without requiring coupons, waiting for

Blocking

Also called facing, zoning or fronting, a retail merchandizing concept where all products of the same