Basket Purchase

The purchase of a large number of assets, as opposed to a single asset. For example, a company may buy 1,000 widgets instead of one widget at a time. Retailers commonly make basket purchases to manage their inventory. A basket purchase is also called a lump-sum purchase.

References in periodicals archive ?

When we can tie a highly consumable product to a higher-ring, higher-margin product and increase that basket purchase, the retailer wins.

Brush Up on Cleaning

Against this backdrop, a basket purchase of nonresidential real property that contains open-air or prefabricated structures can pose a number of thorny cost recovery issues.

Cost recovery issues involving the acquisition of open-air and prefabricated structures

Get out too soon and you lose a consumer and the basket purchase that goes along with them.

The eyes have it: grocers that carefully consider consumer insights and are willing to continually review their eye care offerings can increase sales in the category

An increase in advertising would have introduced an additional variable, not considered in the analysis, making it impossible to attribute the larger basket purchase to the contest alone.

Save-a-buck grocery: increasing its sales through a raffle

It is reassuring to see that initial basket purchase analysis has shown that new consumers who have not purchased cranberry before are trying it.

Juice drinks fight back: manufacturers are revamping their ranges with a healthier slant and adding extra flavours in their bid to win consumers to juice drinks

And if a basket purchase pushes prices upward, the buyer will have to pay more.

Perestroika on Wall Street: the future of securities trading

The NACDS study indicated that the average drug store nonpharmacy market basket purchase totals $19.

Linking O-T-C and Rx purchases

Table 1: Average Basket Purchase per Customer Contest prize $0 $25 $100 (n=44) (n=49) (n=64) Mean $10.

Save-A-Buck Grocery: increasing its sales through a raffle

Licensing can result in cross-promotional opportunities, more fun and theatre for shoppers, an increase in loyalty and ultimately a larger basket purchase," says Howarth.

Captivating the kids with eatertainment: a character's universal appeal does not guarantee success in the licensed food sector. Sean McAllister finds the magic mix. (Character Licensing)

com was largely responsible for its drop in the rankings, but also contributed to a more than doubling of the average basket purchase and a 50% decline in transaction volume.

NextCard Releases the March eCommerce Index; March brings reversals in fortune for online category leaders

Though individual items are typically just a few dollars, the average grocery basket purchase exceeds $37.

New Internet Business To Enable Consumers To Name and Get Private Prices Before They Shop In 600 New York-Area Stores

Off-shelf clip strips or TPRs [temporary price reductions] that help drive point-of-purchase awareness generate visibility and market basket purchases for the retailer are important," she says.