Retail media and ecommerce glossary | Particular Audience
Definitions of ROAS, incrementality, brand halo, holdout tests and product bundles as retail teams use them.
Concise definitions of the terms that come up in retail media and ecommerce discovery.
- ROAS (return on ad spend): ROAS is attributed revenue divided by ad spend. What it shows, what it misses and how it relates to incrementality.
- Incrementality: Incrementality is the extra sales caused by advertising, measured against a group that did not see it.
- Brand halo: Brand halo is the sales uplift across a brand's wider range caused by advertising one of its products.
- Holdout test: A holdout test withholds a campaign from a random group of shoppers to measure the campaign's true effect.
- Product bundles: Product bundles group complementary items so shoppers can buy them together, often on the product page.