Most businesses have a lingo. Reselling has a lingo that is filled with abbreviations.<\/p>\n\n\n\n
Most of the abbreviations are acronyms. A common language including these abbreviations makes discussions, explanations and descriptions easier for the group. <\/p>\n\n\n\n
Alphabetical List of Abbreviations:<\/strong><\/p>\n\n\n\n ASP- average sale price<\/p>\n\n\n\n BNIB- brand new in box<\/p>\n\n\n\n BOGO- buy one get one<\/p>\n\n\n\n BOLO- be on the lookout for<\/p>\n\n\n\n BST- buy sell trade<\/p>\n\n\n\n COA- certificate of authenticity<\/p>\n\n\n\n COG- cost of goods<\/p>\n\n\n\n DS- dead Stock<\/p>\n\n\n\n EUC- excellent Used condition<\/p>\n\n\n\n FVF- final value fee<\/p>\n\n\n\n GUC- good used condition<\/p>\n\n\n\n OA- online arbitrage<\/p>\n\n\n\n OOAK- one of a kind<\/p>\n\n\n\n OSFA- one size fits all<\/p>\n\n\n\n MSRP- manufacturers suggested retail price<\/p>\n\n\n\n NIB- new in box<\/p>\n\n\n\n NIP- new in package<\/p>\n\n\n\n NWT- new with tag<\/p>\n\n\n\n NWOT- new with out tag<\/p>\n\n\n\n OA- online arbitrage<\/p>\n\n\n\n OBO- or best offer<\/p>\n\n\n\n PPC- pay per click<\/p>\n\n\n\n Q1- January 1- March 31<\/p>\n\n\n\n Q2- April 1- June 30<\/p>\n\n\n\n Q3- July 1- September 30<\/p>\n\n\n\n Q4- October 1- December 31<\/p>\n\n\n\n ROI- return on investment<\/p>\n\n\n\n SEO- search engine optimization<\/p>\n\n\n\n TOS- terms of service<\/p>\n\n\n\n TTS- true to size<\/p>\n\n\n\n UPC- universal product code<\/p>\n\n\n\n USPS- United States Postal Service<\/p>\n\n\n\n VGUC- very good used condition<\/p>\n\n\n\n VTG- vintage<\/p>\n\n\n\n WS- wholesale<\/p>\n\n\n\n YTD- year to date<\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Most businesses have a lingo. Reselling has a lingo that is filled with abbreviations. Most of the abbreviations are acronyms. A common language including these abbreviations makes discussions, explanations and descriptions easier for the group. Alphabetical List of Abbreviations: ASP- average sale price BNIB- brand new in box BOGO- buy one get one BOLO- be […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-229","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/staceyknows.com\/index.php?rest_route=\/wp\/v2\/posts\/229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staceyknows.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staceyknows.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staceyknows.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staceyknows.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=229"}],"version-history":[{"count":1,"href":"https:\/\/staceyknows.com\/index.php?rest_route=\/wp\/v2\/posts\/229\/revisions"}],"predecessor-version":[{"id":230,"href":"https:\/\/staceyknows.com\/index.php?rest_route=\/wp\/v2\/posts\/229\/revisions\/230"}],"wp:attachment":[{"href":"https:\/\/staceyknows.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staceyknows.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staceyknows.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}