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

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

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.