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In Stock Average Units per Day
Definition: This is the average number of units sold per day when the product was in stock. Note: Out-of-stock days are not included. Also needs a date filter to determine what date range we are taking an average of. Equation: Total amount sold / days in stock Example: This metric is used in a lot of other c…
Average Markup
Definition: How much profit is going to cover the costs. Note: An average of markup at a product level Equation: average of (Gross Margin / Costs) or average of (Profit / Costs) Example: Retailers want to see average markup to be over 100%. If it is over 100% the profit of the sale has covered the cost. If t…
Average Cost per Unit
Definition: The average cost amount for a product or an aggregated level of products Note: This only includes products that have costs Equation: Total Costs / Total Units Example: Average Cost per Unit gives the retailer the opportunity to see if costs for a product or a group of products is getting too high…
Aggregations of In Stock Average Units per Day, Estimate Days Remaining, Minimum Suggested Order
Click here for an explanation of aggregations of: * In Stock Average Units per Day * Estimated Days Remaining * Minimum Suggested Order You're using demo endpoint of Iframely API commercially. Max-width is limited to 320px. Please get your own API key at
Average Item Price
Definition: The average amount the product was sold for. The amount someone, on average, paid for a product. Note: Takes discounting into consideration but not cost of goods. Equation: Total Revenue / Total Units Example: Average Item Price is used to understand how much people are paying for a product or an…
