Terms & Glossaries of Shipping and Trading

ASP (Average Selling Price)

The average selling price (ASP) of goods or commodities is the average price at which a particular product or commodity is sold across channels or markets. To calculate the average selling price, all you have to do is divide net sales with the number of products sold.

What is ASP (Average Selling Price)?

The average selling price is the price for a product or service in various markets, and is normally used in the retail and technology industries. The established ASP for a particular good can act as a benchmark price, helping other manufacturers, producers, or retailers set the prices for their own products.