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Buyer's market
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Buyer's market

Definition updated on November 2023

What is a Buyer's Market?

A Buyer's Market is a situation where the supply of goods exceeds demand, giving purchasers an advantage over sellers in price negotiations.

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Mustard Yellow
What is Mustard Yellow in the context of fashion and design?
M
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Polka Dot
What is Polka Dot in fashion?
P
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Waffle Knit
What is Waffle Knit in textiles?
W
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Vintage-inspired Styles
What are Vintage-inspired Styles in fashion?
V
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High-rise Jeans
What are High-rise Jeans?
H
🎆
New Year’s Eve outfit
What does a New Year’s Eve outfit entail?
N
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Cocktail Dress
What is a Cocktail Dress?
C
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Bachelorette Party Dress
What is a Bachelorette Party Dress?
B
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Girl’s Night Out
What is a Girl’s Night Out outfit?
G
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Club Dress
What is a Club Dress?
C
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Professional Attire
What defines Professional Attire?
P
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Formal Wear
What constitutes Formal Wear?
F
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Casual
What is Casual wear?
C
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Business Casual
What is Business Casual attire?
B
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Linen
What is Linen as a textile?
L
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Merino Wool
What is Merino Wool in clothing?
M
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Velvet
What is Velvet in fabric?
V
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Baby Fit
What is Baby Fit in fashion?
B
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Ribbed
What is Ribbed fabric in fashion?
R
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Classic Knit
What defines Classic Knit in fashion?
C
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Open Knit
What is Open Knit in clothing?
O
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Cable Knit
What is Cable Knit in garments?
C
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Chevron
What is Chevron in patterns?
C
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Plaid
What is Plaid in textile designs?
P
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Striped
What does Striped mean in fashion patterns?
S
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Burgundy
What is Burgundy in the context of color in fashion?
B
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Wine Red
What does Wine Red signify in clothing?
W
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Maroon
What is Maroon as a color in fashion?
M
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Oversized
What does Oversized mean in clothing styles?
O
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Big and Tall Size
What is Big and Tall Size in clothing?
B
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Plus Size
What is Plus Size in fashion?
P
🇺🇸
American Vintage
What is American Vintage?
A
📷
Vintage
What is Vintage?
V
🚀
Exclusive Release
What is an Exclusive Release?
E
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Limited Edition Sneakers
What are Limited Edition Sneakers?
L
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Antique Watches
What are Antique Watches?
A
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Vintage Clothing
What is Vintage Clothing?
V
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High-end Fashion
What is High-end Fashion?
H
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Luxury Goods
What are Luxury Goods?
L
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Resale
What is Resale?
R
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Online Bidding
What is Online Bidding?
O
⚔️
Bidding War
What is a Bidding War?
B
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Auction House
What is an Auction House?
A
📈
Overstock
What is Overstock?
O
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Inventory Liquidation
What is Inventory Liquidation?
I
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Consignment
What is Consignment?
C
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Dropshipping
What is Dropshipping?
D
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Online Sales
What are Online Sales?
O
🔁
Retail Arbitrage
What is Retail Arbitrage?
R
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Competitive Pricing
What is Competitive Pricing?
C
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Core Competency
What is Core Competency?
C
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Marketshare
What is Marketshare?
M
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Thrift
What is Thrift in the context of retail?
T
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NFT
What is an NFT?
N
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Facebook Marketplace
What is Facebook Marketplace?
F
⛓️
Supply Chains
What are Supply Chains?
S
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Ecommerce
What is Ecommerce?
E
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Auction
What is an Auction?
A
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Trade
What is Trade in economics?
T
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Retailer
What is a Retailer?
R
⚖️
Marché Gris
Qu'est-ce que le marché gris ?
G
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Wholesale
What is Wholesale?
W
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Exchange
What is an Exchange in commerce?
E
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Mercado
What is a Mercado?
M
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Black market
What is the Black Market?
B
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Labor market
What is the Labor Market?
L
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Gumtree
What is Gumtree in the context of online marketplaces?
G
📉
Monopsony
What is a Monopsony?
M
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Seller's market
What is a Seller's Market?
S
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Buyer's market
What is a Buyer's Market?
B
💸
Sale
What is a Sale in commerce?
S
🌐
Global
What does Global mean in economic terms?
G
🛒
Consumer
Who is a Consumer?
C
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Industry
What is an Industry?
I
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Commercial
What is Commercial in business?
C
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Retailing
What is Retailing?
R
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Mart
What is a Mart in retail?
M
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Agora
What was an Agora in ancient civilizations?
A
📈
Oligopoly
What is an Oligopoly?
O
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Outlet
What is an Outlet in commerce?
O
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Craigslist
What is Craigslist in the context of online marketplaces?
C
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Bazaar
What is a Bazaar in commerce?
B
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3P – Third-Party Sellers
What is the role of 3P (Third-Party) sellers on e-commerce platforms?
T
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1P – First-Party Sellers
Who are 1P (First-Party) sellers and how do they operate on e-commerce platforms?
F
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WS - Wholesale
What is the meaning of WS (Wholesale) and how does it relate to product distribution?
W
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VC – Vendor Central
What is VC (Vendor Central) and how does it relate to Amazon's vendor management platform?
V
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WL – White Label
What is WL (White Label) and how does it apply to products and branding?
W
🔤
UPC – Universal Product Code
What is a UPC (Universal Product Code) and how does it contribute to product identification?
U
👤
VA – Virtual Assistant
What is a VA (Virtual Assistant) and how do they support various tasks and operations?
V
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SKU – Stock Keeping Unit
What is an SKU (Stock Keeping Unit) and how does it uniquely identify products?
S
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RFQ – Request for Quote
What is an RFQ (Request for Quote) and how does it facilitate procurement and sourcing?
R
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SFP – Seller Fulfilled Prime
What is SFP (Seller Fulfilled Prime) and how does it allow sellers to offer Prime benefits?
S
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SEO – Search Engine Optimization
What is SEO (Search Engine Optimization) and how does it impact website visibility and traffic?
S
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SC – Seller Central
What is SC (Seller Central) and how does it serve as a hub for Amazon sellers?
S
💰
ROI – Return on Investment
How is ROI (Return on Investment) calculated and used to evaluate business performance?
R
🛍️
RA – Retail Arbitrage
What is RA (Retail Arbitrage) and how does it play a role in e-commerce strategies?
R
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PPC – Pay-per-Click
What is PPC (Pay-per-Click) and how does it work in digital advertising?
P
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PL – Private Label
What is PL (Private Label) and how does it apply to products in the market?
P
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OEM – Original Equipment Manufacturer
What is an OEM (Original Equipment Manufacturer) and how does it fit into the supply chain?
O
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PED – Prime Exclusive Discount
What is a PED (Prime Exclusive Discount) and how does it benefit Amazon Prime members?
P
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