Product Variants

Product Variants

A specific version of a ‘master’ product that is differentiated by one or more attributes, such as scent, color, size, material, or price. These variants allow customers to select their preferred version of the product based on their personal preferences or needs. In eCommerce and retail terminology, the concept of product variants is often illustrated through a parent-child relationship, where the master product serves as the ‘parent’ and its different versions are considered ‘children’. Each variant, while sharing the core characteristics of the parent product, offers unique features that cater to diverse consumer demands.

Related Terms

Base Price

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

Dollar Sales

Measures the total revenue generated from products sold at retail, calculated by multiplying the number of

Excess Inventory

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