Average Selling Price
Encyclopedia
The average sales price of good
s or commodities is the average price at which a particular product or commodity is sold across channels or markets. The term is especially used in the retail
sector and technology distribution
.
Good
Good may refer to:* Good and evil - The distinction between positive and negative entities* Good - Objects produced for market* Form of the Good - Plato's macrocosmic view of goodness in living* Good...
s or commodities is the average price at which a particular product or commodity is sold across channels or markets. The term is especially used in the retail
Retail
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
sector and technology distribution
Distribution (business)
Product distribution is one of the four elements of the marketing mix. An organization or set of organizations involved in the process of making a product or service available for use or consumption by a consumer or business user.The other three parts of the marketing mix are product, pricing,...
.