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

Markdown Pricing

A pricing strategy where retailers lower the prices of products to boost sales and manage inventory

Grocery

A retail establishment primarily focused on selling a broad assortment of food products, encompassing items such