Buying Rate

Buying Rate

It is the average quantity or value of a product purchased by a single household within a year, expressed in units, dollars, or volume.

Related Terms

CPG manufacturing

In the Consumer Packaged Goods industry, the term “CPG company” typically denotes manufacturers within the sector.

Assortment

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

Excess Inventory

Also referred to as surplus inventory, denotes the surplus stock held by a company beyond what