Markdown/discount explanation #46
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Hello, I have some questions about markdown varibles in your data. What do they represent and how they were calculated? You have mrkdn_valadd_edw and mrkdn_pdm. For example, I have many discounts in one time with different % and different products they can be used on. How can I aggregate all this discounts to one or some variables on weekly and national level of data? Thanks for attention! |
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In this dataset, mrkdn_valadd_edw = markdown of value-added service, mrkdn_pdm = markdown of products. It's a weighted average of all discounts. For example, last week sales: |
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In this dataset, mrkdn_valadd_edw = markdown of value-added service, mrkdn_pdm = markdown of products. It's a weighted average of all discounts. For example, last week sales:
product original_price actual_price units
A $10 $8 100
B $20 $15 200
markdown = (8 * 100 + 15 * 200)/(10 * 100 + 20 * 200)