Price Decrease
See Temporary Price Reduction (TPR).
Glossary
Price per EQ
Price paid by shoppers per equivalized unit (pounds, ounces, or whatever weight measure is used in your category). Best to use when comparing prices of products of different sizes. See Equivalized Sales.
Price per Package
Price paid by shoppers per package that they buy. Used primarily when comparing prices of products of the same size though might violate this rule for a specific analysis (e.g. comparing Price per Package across sizes to estimate average price gaps between large size and small size).
Price per Unit
See Price per Package.
Promoted Price
Price paid by shoppers when a product is on sale. This is available for any of the different merchandising conditions and should be looked at that way. Any Promo Price blends together the price for Feature, Display, Feature & Display and TPR Only (Temporary Price Reduction Only) so is not that useful. Reference article: Promoted […]
Promoted Product Group
A Promoted Product Group (sometimes abbreviated as PPG) is a set of UPCs that are priced and promoted together. This usually contains items of the same or similar size. When analyzing trade promotions, it is usually most helpful to look at incremental volume at the PPG level, not at the individual UPC level.