Diclib.com
ChatGPT AI Dictionary

Dictionary Lookup Custom Solutions

Enter a word or phrase in any language 👆

Language:

Translation and analysis of words by ChatGPT artificial intelligence

On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:

how the word is used
frequency of use
it is used more often in oral or written speech
word translation options
usage examples (several phrases with translation)
etymology

What (who) is high-value commodity traffic - definition

THE TOTAL ANNUAL SALES VOLUME OF RETAILERS THAT CAN BE AGGREGATED FROM INDIVIDUAL STORE-LEVEL UP TO LARGER GEOGRAPHICAL SETS

All Commodity Value; All commodity volume

commodity

FUNGIBLE ITEM PRODUCED TO SATISFY WANTS OR NEEDS

Commodities; Homogeneous products; Measurable commodity; Commoditty; Commodity item; Commodity items; Hard commodity; Commodity economy; Commodity food

n.

1) to trade in commodities

2) a farm; marketable; staple commodity

Commodity

FUNGIBLE ITEM PRODUCED TO SATISFY WANTS OR NEEDS

Commodities; Homogeneous products; Measurable commodity; Commoditty; Commodity item; Commodity items; Hard commodity; Commodity economy; Commodity food

In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

https://en.wikipedia.org/wiki/Commodity

Commodity

FUNGIBLE ITEM PRODUCED TO SATISFY WANTS OR NEEDS

Commodities; Homogeneous products; Measurable commodity; Commoditty; Commodity item; Commodity items; Hard commodity; Commodity economy; Commodity food

·noun A parcel or quantity of goods.

II. Commodity ·noun Convenience; accommodation; profit; benefit; advantage; interest; commodiousness.

III. Commodity ·noun That which affords convenience, advantage, or profit, especially in commerce, including everything movable that is bought and sold (except animals), - goods, wares, merchandise, produce of land and manufactures, ·etc.

Wikipedia

All-commodity volume

All-commodity volume or ACV represents the total annual sales volume of retailers that can be aggregated from individual store-level up to larger geographical sets. This measure is a ratio, and so is typically measured as a percentage (or on a scale from 0 to 100).

The total dollar sales that go into ACV include the entire store inventory sales, rather than sales for a specific category of products – hence the term "all commodity volume."

ACV is best related to the key marketing concept of placement (Distribution). Distribution metrics quantify the availability of products sold through retailers, usually as a percentage of all potential outlets. Often, outlets are weighted by their share of category sales or "all-commodity" sales. For marketers who sell through resellers, distribution metrics reveal a brand's percentage of market access. Balancing a firm's efforts in "push" (building and maintaining reseller and distribution support) and "pull" (generating customer demand) is an ongoing strategic concern for marketers.

https://en.wikipedia.org/wiki/All-commodity volume