Average Compare Price measure is used to understand the average value of the Compare Price that is shown to your customers. It helps in assessing the pricing strategy.

The Average Compare Price is calculated by adding all the Compare Prices shown to the customers and dividing it by the total number of customers.

By using this measure, you can analyze if your Compare Prices are competitive in the market or not. If the average is too high, you might need to reconsider your pricing strategy to attract more customers.

If your Average Compare Price is too high, it might indicate that your prices are not competitive enough. It could be a reason why potential customers might prefer your competitors over you.

If your Average Compare Price is too low, it could mean that you are undervaluing your products or services. You might need to reconsider your pricing strategy to ensure you're not losing potential profits.

This article was automatically generated based on the measure definition.