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Amazon
Amazon Glossary
Term | Definition |
---|---|
Above the Fold | The customer does not have to scroll to see a marketing placement which is above the fold |
Below the Fold | The customer must scroll down to see a marketing placement which is below the fold |
Billboard | First marketing placement at the top of any Amazon webpage, generally the largest placement |
(BPS) Basis Points | A common unit of measure for interest rates and other percentages in finance. One basis point is equal to .01% (Example: 400 Basis points =4% |
Brand Specialist | Supports vendor(s) in buying, in-stock, and marketing functions |
Category Leader | Senior leadership who oversees the entire category |
(COGS) Cost of Goods Sold | Cost of goods sold; this is the cost to Amazon to acquire a product for sale on our website |
(DOTD) Deal of the Day | A featured deal that runs for one day; large increases in traffic and revenue |
Feature Tile | Tertiary placements on any Amazon webpage, generally below the fold |
(GP) Gross Profit | Product revenue minus total COGS |
Gross Profit per Unit | The gross profit per unit |
Hero Placement | Secondary placements at the top of any Amazon webpage, they are above the fold |
Lightning Deal | A feature product with a large discount for up to four hours or until fully sold through. |
Market Segment Share | Vendor's sales on Amazon and other retailers as a percent of total category sales on Amazon and other retailers |
Merchandising Placements | A platform to drive traffic and engagement to product or brands |
Monthly Pure Product Profit | Monthly product revenue - monthly product COGS (The base profit from revenue producing customer shipments when sold by Amazon). |
(Net PPM) Net Pure Product Margin | (Product Revenue - Product COGS +VFCC)/Product Revenue |
One Pager | A One page document that acts as a proposal, an agenda, or an overview |
(OOS Rate) Replenishment OOS Rate | Measures the rate which Amazon is out of stock |
P&L | Financial statement that summarizes the revenues, costs and expenses incurred during a specific time period. |
(PPM) Pure Product Margin | (Product Revenue-Product COGS)/Product Revenue |
(Q4) Quarter 4 | Fourth quarter of the year, October-December (Also known as "peak") |
(ROI) Return on Investment | is the benefit to the investor (Amazon or the vendor) resulting from an investment of some resource. A high ROI means the investment gains compare favorably to investment cost. |
Sell thru | Ratio of inventory sold to customers received from supplier |
Traffic | The number of visits a webpage receives |
Vendor/Brand | Strategic partner who sells products on Amazon (i.e. Sony, Nikon, Under Armour, Nike) |
(VFCC) Co-op/Vendor Funded Contra Cogs | Funds we typically receive from vendors to offset costs. |
Wireframe | A visual guide which represents the skeletal framework of an Amazon webpage |
(WoW) Week over Week | the change in the same time frame from week to week |
(YoY) Year Over Year | the change in the same time frame from year to year |
(YTD) Year to Date | start of year to present date |