Sales velocity describes how quickly products sell.[1] Here it measures product units sold per unit of time, for example per day and per variant: divide units sold in the selected period by its number of days.[2] State whether returns are deducted and compare results on the same measurement basis. This is a quantity per unit of time, not a revenue amount.
Use the historical rate in inventory decisions while accounting for stockout days and promotions. Sales under restricted availability do not measure all demand, and a recent selling rate is not a guaranteed forecast.
Content updated:
Sources
Compiled with AI assistance using public sources. General explanation, not individual legal or tax advice. Describing a concept does not mean Zoloo offers it as a feature.