Average selling price

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The average sales price (ASP) of goods or commodities is the average price at which a particular product or commodity is sold across channels or markets. The term is especially used in the retail sector and technology distribution.[1] In lodging industry, it is more commonly referred to as Average Room Rate or Average Daily Rate.

References[edit]

  1. ^ http://www.investopedia.com/terms/a/averagesellingprice.asp