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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
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M
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Polka Dot
What is Polka Dot in fashion?
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Waffle Knit
What is Waffle Knit in textiles?
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Vintage-inspired Styles
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High-rise Jeans
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New Year’s Eve outfit
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Cocktail Dress
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Bachelorette Party Dress
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Girl’s Night Out
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Club Dress
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Professional Attire
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Formal Wear
What constitutes Formal Wear?
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Casual
What is Casual wear?
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Business Casual
What is Business Casual attire?
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Linen
What is Linen as a textile?
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Merino Wool
What is Merino Wool in clothing?
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Velvet
What is Velvet in fabric?
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Baby Fit
What is Baby Fit in fashion?
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Ribbed
What is Ribbed fabric in fashion?
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Classic Knit
What defines Classic Knit in fashion?
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Open Knit
What is Open Knit in clothing?
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Cable Knit
What is Cable Knit in garments?
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Chevron
What is Chevron in patterns?
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Plaid
What is Plaid in textile designs?
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Striped
What does Striped mean in fashion patterns?
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Burgundy
What is Burgundy in the context of color in fashion?
B
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Wine Red
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Maroon
What is Maroon as a color in fashion?
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Oversized
What does Oversized mean in clothing styles?
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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?
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American Vintage
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Vintage
What is Vintage?
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🚀
Exclusive Release
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Limited Edition Sneakers
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Antique Watches
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Vintage Clothing
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High-end Fashion
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Luxury Goods
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Resale
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Online Bidding
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Bidding War
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Auction House
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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
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T
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NFT
What is an NFT?
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Facebook Marketplace
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⛓️
Supply Chains
What are Supply Chains?
S
💻
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
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E
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Mercado
What is a Mercado?
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Black market
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Labor market
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Gumtree
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Monopsony
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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
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Sale
What is a Sale in commerce?
S
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Global
What does Global mean in economic terms?
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🛒
Consumer
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Industry
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I
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Commercial
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C
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Retailing
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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
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Oligopoly
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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
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V
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WL – White Label
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W
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UPC – Universal Product Code
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U
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VA – Virtual Assistant
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V
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SKU – Stock Keeping Unit
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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
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S
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SEO – Search Engine Optimization
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S
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SC – Seller Central
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S
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ROI – Return on Investment
How is ROI (Return on Investment) calculated and used to evaluate business performance?
R
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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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