In the context of promotions, the virtual price represents the actual cost to the buyer once promotional mechanisms have been applied. For example, in a loyalty card points program, the virtual price corresponds to the final amount paid by the consumer after the discount has been deducted. This concept of a virtual price also applies to deferred discounts. It is frequently displayed next to the original price with the note “price after discount.”
Return to the glossary indexVirtual price
Return to the glossary index