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. In lodging industry, it is more commonly referred to as Average Room Rate or Average Daily Rate.
Famous quotes containing the words average, selling and/or price:
“A fairly bright boy is far more intelligent and far better company than the average adult.”
—J.B.S. (John Burdon Sanderson)
“Whether talking about addiction, taxation [on cigarettes] or education [about smoking], there is always at the center of the conversation an essential conundrum: How come we’re selling this deadly stuff anyway?”
—Anna Quindlen (b. 1952)
“This state is full of these log cabin Abe Lincolns with price tags on ‘em. The louder he yells, the higher his price.”
—Robert Rossen (1908–1966)