basket size, The total amount a customer spends in one order, margin, How much profit remains after costs, churn, When customers stop buying or leave the platform, markup, The extra amount added to cost to define the selling price, willingness to pay, How much a customer accepts paying for something, discounting, Reducing prices to stimulate demand, price anchor, A reference price customers use to judge if something is cheap or expensive, price sensitivity, How strongly customers react to price changes, profitability, The ability to generate profit

Flashcards

by
Print
Embed

Leaderboard

We are currently working on improving the Leaderboard functionality. Please help us by offering your feedback.

Give Feedback

Visual style

Options

We are currently working on improving the Activity Settings. Please help us by offering your feedback.

Give Feedback
AI Enhanced: This activity contains content generated by AI. Learn more.

Switch template

Continue editing: ?