Average Selling Price - ASP

Average selling price is something you might be familiar with...it's the price a certain thing (or type of thing) typically sells for.

Think about anything you buy. Usually, you'll compare prices to see what the norm is, so you don't overpay, right? You might not actually do the math. But if you did, that norm is the Average Selling Price (ASP). This average applies to everything that has a price, from cellphones to jewelry to adult diapers to prescription drugs to basically everything (not love, the Beatles said money can't buy me love, and we believe them).