Retail Terms and Glossary

Powered by retail-time insights from
1 billion unique products across 130,000+ brands over 1400+ categories

A
AOV

Average Order Volume

B
Brand Discovery

Various touch points like search engines, social media, marketplaces, etc. used by consumers to become aware of new brands.

C
CRO

Conversion Rate Optimization

CPG Brands

Consumer Packaged Goods (CPG) brands manufacture and sell fast moving products like food and beverages and household essentials. that consumers purchase frequently.

Channel Management

The strategy of managing, unifying, and optimizing different sales and distribution channels through which a company’s products are sold.

D
DaaS

Data as a service

Database Product

A product or solution that stores and organizes large sets of structured data.

E
EPC

Electronic Product Code

EOL

End of Life

EDLP

EveryDay Low Price

EAN

European Article Number

Ecommerce Content

Product-related content such as descriptions, images, and attributes displayed on eCommerce platforms.

I
IPQ

Initial Purchase Quantity

ISBN

International Standard Book Number

K
KPI

Key Performance Indicator

Keyword Strategy

Selecting and using specific search terms in online content to improve product visibility and ranking in search engines.

L
LTV

Customer Lifetime Value (of a Customer)

LBO

Leveraged buyOut

M
MSRP

Manufacturer Suggest Retail Price

MRP

Maximum Retail Price

O
OTB

Open To Buy

OOS

Out of Stock

OSP

Outlet Sales Productivity

Omnichannel Content Management

Synchronizing and optimizing product content across all retail and digital channels to provide a consistent brand experience.

P
PLU

Price Look Up

POP

Point of Purchase

POS

Point of Sale

POSA

Point of Sale Activation

POV

Point of View

PO

Purchase Order

Product Content Management

Creating, optimizing, and distributing product content across websites and marketplaces to enhance visibility and engagement.

Product Availability

The term to describe that a product is in-stock and ready for fulfillment across various channels.

Product Assortment

The variety and breadth of products that a retailer offers across different categories to meet consumer demand.

R
RFID

Radio Frequency Identification

RRP

Recommended Retail Price

RSI

Retail Sales Index

RDF

Retailer Development Funds

RTV

Return to Vendor

Retail Channels

The different avenues through which products are sold to consumers, including physical stores, online platforms, marketplaces, and social media.

S
SG&A

Sales General & Administrative Costs

Sell-in

Sales or shipments to a retailer

Sell-out

Sales or shipments to distributor

Sell-thru

Sales out to a consumer through a retailer

SaaS

Software as a Service

SKU

Stock Keeping Unit

SCM

Supply Chain Management

U
UPC

Universal Product Code

W
WOS

Weeks of Supply

1
1P Seller

A first-party seller is a brand or manufacturer that sells its products directly to a marketplace like Amazon in a wholesale relationship.

3
3P Seller

A third-party seller is an independent vendor or business that sells products through a marketplace owned by another company.

retail-glossary