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A/B Testing

A/B Testing, also known as split-run testing or bucket test, is an experiment where 2 or more variants of the same thing are compared against each other to see which one performs better. The audience is randomly presented with two versions after which ab testing statistics are used to judge their performance. Now that you […]

ABC Analysis

ABC analysis is derived from the term “The Pareto Principle” named after an Italian economist Vilfredo Pareto, also called as 80/20 rule. This principle suggests that 80% of the total output is generated only by 20% of the valuable efforts. When it comes to stock or inventory management, ABC analysis typically segregates inventory into three categories […]

Address Verification Service

Address Verification Service (AVS) is used to verify the address typed by the user while online transaction. Mainly used by the Banks, this service helps to correct invalid city, state and zip code combinations.

Arbitrage

What is Arbitrage? Arbitrage is the practice of taking advantage of a “price difference” between two or more markets (due to imbalance or inefficiency in the market). It’s continuous buying and selling an asset to profit from the differences in the price of the asset. It is a regularly used trading strategy, and probably one […]

ASIN

Amazon Standard Identification Number- ASIN Definition The Amazon Standard Identification Number is a unique 10-character alphanumeric number assigned by Amazon.com for identifying products within the Amazon marketplace. Every product listed on Amazon has a unique amazon standard identification number, meaning no two products have the same number. These asin number is a unique identifier for […]

ASN – Advanced Shipping Notice

Advanced Shipping Notice (ASN) is an electronically sent notification of an upcoming or pending delivery sent directly to the buyer from a third-party-logistics or the supplier, well in advance. The ASN’s structure or format basically depends on what your prospective customer might demand or what information you need to provide being a supplier or a […]