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

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A method of analyzing sales data to identify products with high sales velocity. Velocity analysis helps

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Includes the visual elements of a brand such as the logo, design, color that helps the

Yield Management

A pricing strategy used to maximize revenue by varying prices based on demand and inventory levels.