FLUF / THE SELLER REFERENCE

Ecommerce & seller glossary: inventory, listings and resale terms

Suggest a term

Plain-English definitions for marketplace sellers, retailers and anyone managing physical stock. Understand listing terms, product identifiers, inventory metrics, item condition and shipping—with examples you can use.

92 terms, with 16 detailed explanations.

A

Condition

A/F

As found: an auction-house abbreviation meaning a lot is sold in whatever state it was found, usually with known or suspected faults and no warranty of condition.

A clock catalogued “A/F” may be missing its key or not run. If you resell it, test what you can and describe the faults you found; repeating “A/F” does not tell an online buyer what is wrong.

Explore estate auctions

Inventory

Available stock

The quantity currently available to sell after excluding committed or otherwise unavailable units.

Do not treat incoming deliveries as ready-to-dispatch stock. Decide how reservations, damaged goods and pending orders affect availability, and use the same definition across sales channels.

Explore inventory sync

Metrics

Average order value

The average sales amount per order, calculated using a clearly defined revenue total divided by the number of orders in the same period.

£600 across twenty orders gives £30 per order under that definition. Decide how discounts, returns, tax and delivery charges are treated before comparing reports.

Read the Average order value explanation

Metrics

Average selling price

Average sales revenue per unit sold, using a consistent revenue definition.

£600 from thirty units gives an average selling price of £20. If those units were bought in twenty orders, the average order value would be £30. Units and orders are not interchangeable.

See Average order value

B

Inventory

Backorder

An order accepted for an item that is currently out of stock and expected to become available later.

A shop accepts an order for a sold-out mug with a clearly communicated restock estimate. This differs from accidentally selling stock that does not exist or taking a preorder for a new release.

Read the Backorder explanation

Selling

Best Offer

A marketplace feature, best known on eBay, that lets buyers submit a price below the asking price for the seller to accept, decline or counter.

Setting an automatic decline below a floor price saves answering offers you would never take. Work the floor out from your cost, the marketplace fee and the postage, not from the asking price.

Explore offer management

Selling

BIN

Buy It Now: a fixed-price listing a buyer can purchase immediately, as opposed to bidding in an auction.

A seller who runs a seven-day auction on a camera cannot also sell it at a fixed price elsewhere without risking two buyers. A BIN listing can be ended as soon as the item sells on another channel.

Explore sell on ebay uk

Condition

BNIB

Brand new in box: an unused item supplied in its original box, which may or may not still be sealed.

Trainers that were tried on indoors and put back in the box are not BNIB. Say whether the box is sealed, opened or damaged, because collectors price those differently.

See Open box

Condition

BNWT

Brand new with tags: UK seller shorthand for an unused item with its original retail tags attached. It means the same as NWT.

A dress bought for a wedding, never worn and still carrying its swing tag, is BNWT. One that was tried on and had the tag cut off is not, even if it looks untouched; describe it as new without tags only if it was never worn.

Read the BNWT explanation

Selling

Bulk operations

Applying an action to several selected items or listings at once.

Changing prices across ten selected items is a bulk edit. Review the selection first, and check the results: supported actions and fields can differ between channels.

Explore bulk operations

Selling

Bump

An action intended to give a listing renewed visibility; its meaning and cost depend on the marketplace.

Vinted’s paid Bump has its own conditions. Do not assume that bumping, editing and relisting are identical actions, or that any of them guarantees a sale.

Explore what does bumped mean on vinted

Selling

Bundle

Two or more products offered together in one purchase, sometimes at a combined price.

If three separately listed books are sold as a bundle, update the individual listings too. Check combined parcel size and weight before promising a shipping saving.

See Combined shipping

Sourcing

Buyer's premium

A percentage an auction house adds to the hammer price, paid by the winning bidder, usually with VAT charged on the premium.

A £100 hammer price with a 25% premium plus VAT on the premium costs £130 before any online bidding fee or collection costs. Use that total as the item’s cost.

Explore estate auctions

C

Sourcing

Car boot sale

A UK sale where people sell goods from their car boots or pitches, usually at weekends, used by resellers for both buying and selling.

Early buyers get first pick; late buyers get lower prices. Cash purchases are easy to forget, so note what you paid for each item that day so your cost of goods is accurate.

Explore car boot wholesalers

Sourcing

Charity shop

A shop run by a charity that sells donated goods to raise funds; a common sourcing ground for UK resellers.

Track what each shop’s finds go on to sell for, not just what you paid. A shop with higher prices can still be the better source if its stock sells faster.

Explore how to start reselling

Shipping

Click & Drop

Royal Mail’s online tool for buying and printing postage labels and managing orders from several selling channels.

Labels bought online can be printed at home and dropped off or collected. Check that the service on the label matches what the buyer paid for, especially between tracked and untracked options.

Explore shipping

Metrics

Click-through rate

Clicks divided by impressions, expressed as a percentage, for a stated listing, link or advert.

Twenty clicks from a thousand impressions gives a two per cent click-through rate. It measures the step from being seen to being clicked, not whether visitors subsequently buy.

See Conversion rate

Shipping

Combined shipping

Sending several purchased items together, with shipping arrangements appropriate to the combined parcel.

Two books may fit in one parcel, but a larger order can cross a carrier’s size or weight threshold. Recalculate after packing rather than adding or discounting individual shipping charges blindly.

See Dimensional weight

Sourcing

Consignment

An arrangement in which an owner places goods with another party to sell, typically retaining ownership until sale, with payment and commission governed by their agreement.

A supplier provides a coat and a shop sells it for £100. Under an illustrative seventy/thirty split, the supplier receives £70 and the shop retains £30 before any separately agreed costs.

Read the Consignment explanation

Metrics

Conversion rate

The proportion of a defined audience that completes a desired action, such as placing an order.

Ten purchasing sessions out of five hundred sessions gives a two per cent purchasing-session rate. A marketplace may use views rather than sessions, so check the denominator before comparing channels.

See Click-through rate

Metrics

Cost of goods sold

The cost attributable to the goods sold during a period, rather than the cost of every item purchased during that period.

Buying fifty items does not mean all fifty belong in the cost of goods sold if only twenty have sold. Keep unsold inventory separate and apply your accounting method consistently.

See Inventory turnover

Selling

Cross-selling

Offering a complementary product alongside the one a customer is buying.

Suggesting a protective sleeve with a laptop is cross-selling. Listing that laptop on a second marketplace is crosslisting. The similar names describe different sales activities.

See Crosslisting

Selling

Crosslisting

Offering the same physical product on more than one marketplace or sales channel.

A seller lists one lamp on eBay and another marketplace. When it sells, the remaining offer needs updating or removing. Crosslisting increases places to buy; it does not create more stock.

Explore crosslisting

Selling

Crossposting

In marketplace selling, another name for crosslisting an item on multiple platforms. In other contexts it means sharing the same social post in several places.

If someone says a chair is “crossposted”, it may sell through another platform. Confirm availability before arranging collection. This glossary uses the physical-product meaning.

Explore crosslisting

Inventory

Cycle counting

Checking selected portions of physical stock on a rolling schedule instead of counting everything at once.

Count one shelf each morning, compare it with recorded quantities and investigate differences. Prioritise fast-moving or valuable products rather than repeatedly checking only the easiest boxes.

See Inventory shrinkage

D

Metrics

Days of stock

An estimate of how long current stock will last at a stated daily sales rate.

Forty units at an average of two sold each day represents twenty days of stock. If there are no sales, this calculation gives no useful depletion estimate; it does not mean zero days remain.

See Reorder point

Inventory

Deadstock

In inventory management, stock that is not selling and has little expected demand. In resale language, “deadstock” can instead describe unused older goods or unworn trainers.

An obsolete accessory that will not sell is a stock problem. An unworn collectible may be desirable. Explain which meaning you intend, and describe condition separately.

Read the Deadstock explanation

Selling

Delisting

Removing an item’s offer from sale on a particular channel.

A seller may delist an item because it sold elsewhere, needs inspection or is no longer available. Removing a listing is different from cancelling an order that already exists.

Explore inventory sync

Shipping

Dimensional weight

A carrier’s weight-equivalent measure of how much space a parcel occupies, also called volumetric weight.

A large, light lampshade can cost more to ship than its scale weight suggests. Measure the packed parcel and use the divisor, rounding rules and service conditions of the actual carrier.

Read the Dimensional weight explanation

Condition

Distressed

A finish deliberately made to look worn or aged, such as ripped jeans or a painted cabinet sanded at the edges.

If a buyer could mistake a design feature for damage, say so: “factory-distressed knees, no other wear”. Wear that happened after manufacture is condition, not a style, and should be described as such.

See VGC

E

Products

EAN

A retail product identifier commonly referring to GTIN-13, carried in an EAN-13 barcode.

Keep leading zeroes when saving identifiers in spreadsheets. Treat them as text so spreadsheet formatting does not shorten or alter them.

Read the EAN explanation

Condition

EUC

Excellent used condition: informal seller shorthand for a previously used item with limited wear.

EUC is not a universal grading standard. Describe actual marks, fading, pilling, missing parts or repairs in words and photographs so buyers can judge the item themselves.

Read the EUC explanation

F

Selling

Final value fee

A marketplace commission charged when an item sells, usually a percentage of the total sale amount.

On eBay UK, private sellers pay no final value fee on most categories, while business sellers do. Fees change and differ by marketplace and category, so check the current fee before pricing rather than relying on a remembered rate.

Explore ebay fee calculator

Shipping

Fulfilment

The work required to complete an order, including picking, packing, dispatch and related handling.

A paid order is not yet fulfilled simply because a shipping label exists. Confirm the right item and variant were packed and handed to the carrier.

Explore orders

G

Metrics

GMV

Gross merchandise value: the total value of goods sold through a channel over a period, before fees, refunds and other deductions.

£2,000 of GMV on a marketplace in a month is not £2,000 earned. Subtract fees, refunds, postage and item costs to see what the sales were actually worth.

Explore analytics

Metrics

Gross margin

Gross profit expressed as a percentage of revenue: revenue minus cost of goods sold, divided by revenue.

An item sold for £40 with a £24 product cost has £16 gross profit and a forty per cent gross margin before other operating costs. This is not necessarily the profit left after marketplace fees and overheads.

Read the Gross margin explanation

Products

GTIN

Global Trade Item Number: a standardised identifier for a trade item, used to recognise the same product across businesses.

A shop’s internal SKU can differ from another shop’s, while the manufacturer’s GTIN for the same packaged product stays the same. A GTIN identifies a product type; a serial number identifies an individual unit.

Read the GTIN explanation

H

Shipping

Handling time

The time a seller allows between receiving an order under the stated conditions and dispatching it.

A two-working-day handling time is separate from the carrier’s transit estimate. Explain cut-off times and dispatch days so buyers do not mistake handling time for the full delivery time.

Explore shipping

Sourcing

House clearance

Removing the entire contents of a property, often after a death or move, with the goods sold on, donated or disposed of.

A clearance can produce furniture, books, kitchenware and a few valuable pieces in one go. Sort what is worth listing individually from what is better sold as a job lot.

Explore house clearances

Selling

HTF

Hard to find: seller shorthand claiming an item is scarce.

“HTF” in a title is a claim, not evidence. Sold comparables show whether buyers actually pay more for it; if similar items sell weekly, the label will not hold the price up.

Explore sold price checker

I

Selling

Importing listings

Bringing existing listing information into a catalogue or management tool.

Importing a live listing is different from publishing it to another marketplace. After import, review the item’s details and existing channel links before creating another offer.

Explore import listings

Inventory

Inventory ageing

Grouping stock by how long it has been held or available for sale.

A report might separate items into under thirty, thirty to ninety and over ninety days. Record the starting event consistently; changing a listing should not erase how long the business has owned the item.

See Deadstock

Inventory

Inventory shrinkage

A shortfall between recorded stock and the stock actually present, which can arise from loss, damage, theft or recording errors.

A record says twelve chargers but a count finds eleven. Investigate orders, returns and transfers before assuming theft. Correcting the count without finding the cause can allow the discrepancy to recur.

See Cycle counting

Inventory

Inventory sync

Keeping stock records aligned across connected sales channels as availability changes.

If one of three identical books sells, linked listings should reflect the remaining two. Coverage depends on the channels and setup. Sync reduces manual work but should not be treated as a guarantee against every oversale.

Explore inventory sync

Metrics

Inventory turnover

How many times the average inventory value is sold through during a period, commonly calculated as cost of goods sold divided by average inventory at cost.

If annual cost of goods sold is £24,000 and average inventory at cost is £6,000, turnover is four times per year. This is different from a percentage sell-through calculation.

Read the Inventory turnover explanation

Selling

ISO

In search of: a post saying what a buyer is looking for, common in Facebook groups and collector communities.

“ISO Levi’s 501 W32 L30” tells sellers exactly what to offer. Reply only with items that match, and complete the sale through a method that gives both sides protection.

Explore how to use facebook marketplace

Products

Item specifics

Structured listing attributes such as brand, material, size or model that help describe a product and support marketplace filtering.

A title saying “blue wool jumper” does not replace filling in the colour and material fields. Use accurate attributes and leave uncertain information unclaimed.

Explore ebay listing grader

J

Sourcing

Job lot

A quantity of items sold together for one price, often mixed and unsorted, bought by resellers to break up and sell individually.

A £60 job lot of 40 tops costs £1.50 each, but if only 15 are worth listing, the real cost per sellable item is £4. Count the keepers before you count the profit.

Explore car boot wholesalers

L

Shipping

Large Letter

A Royal Mail size format for flat items up to 35.3 × 25 × 2.5 cm and 750 g.

A folded T-shirt in a mailing bag can fit, but if the packed item is thicker than 2.5 cm it is a parcel. Measure after packing; a Large Letter format does not by itself include tracking.

Explore shipping

Inventory

Lead time

The elapsed time between a defined starting event and a defined completion event, such as placing a stock order and having it ready to sell.

A supplier’s three-day production time plus four days in transit gives at least seven days before receipt. Include inspection or preparation if it delays sellable availability.

See Reorder point

Sourcing

Liquidation stock

Goods sold off in bulk by retailers or their administrators, often customer returns, overstock or damaged items, typically by the pallet or lot.

A manifested pallet lists its contents; an unmanifested one does not. Budget for items that turn out faulty or incomplete before calculating the price per unit.

Explore liquidation pallets

M

Metrics

Markup

The amount added to cost to set a selling price, often expressed as a percentage of that cost.

Buying an item for £20 and pricing it at £30 gives a fifty per cent markup. The margin is only a third of the selling price. Confusing the two can leave prices below your target.

Read the Markup explanation

Sourcing

Minimum order quantity

The smallest quantity a supplier is willing to sell under a particular offer, often shortened to MOQ.

A supplier might require twelve units per colour. Confirm whether the minimum applies per product, variant or total order; those conditions lead to very different stock commitments.

Explore wholesalers

Products

MPN

Manufacturer part number: a code the manufacturer uses to identify a particular part or product.

For a replacement appliance part, copy the manufacturer’s reference exactly and check compatibility separately. Your own stock code should go in the SKU field, not the MPN field.

See SKU

Selling

Multichannel selling

Selling through more than one channel, such as an online store, a marketplace and a physical shop.

A ceramics business might sell through its own website and Etsy. It needs a reliable way to track orders and stock across both, even if the customer experience differs.

Explore sell on multiple platforms

N

Metrics

Net margin

Profit after all costs, including item cost, marketplace and payment fees, postage, packaging and overheads, expressed as a percentage of revenue.

An item sells for £30. It cost £8, fees took £4 and postage and packaging £4, leaving £14, a net margin of about 47% before overheads. Gross margin on the same sale would ignore the fees and postage.

Explore profit margin calculator

Condition

New old stock

Older goods that remained unused, often from previous retail stock, commonly shortened to NOS.

An unused boxed camera accessory can still have degraded materials or damaged packaging after years in storage. Check and disclose its present condition rather than assuming unused means faultless.

Read the New old stock explanation

Condition

NWOT

New without tags: an unused item whose retail tags are absent. It does not mean worn but still looking new.

A gifted shirt with its tag removed may qualify if it has never been worn and meets the marketplace’s condition requirements. A shirt worn once should be described as used, however tidy it looks.

Read the NWOT explanation

Condition

NWT

New with tags: seller shorthand for an unused item with its retail tags attached. BNWT means brand new with tags.

A tag alone does not prove an item is unused, genuine or free of defects. Inspect the item and select the marketplace’s actual condition option, then describe any storage marks or packaging issues.

Read the NWT explanation

O

Selling

OBO

Or best offer: a signal that the seller is willing to consider offers around an asking price.

“£50 OBO” invites negotiation; it does not promise acceptance of every offer. Confirm the final price and included delivery or accessories through the marketplace’s agreed process.

See Sold comps

Selling

Omnichannel

An approach that connects sales channels so customers can move between them with a more consistent experience.

Buying online and collecting in a shop is an example when orders and stock are coordinated. Merely listing products on several websites does not establish an omnichannel operation.

See Multichannel selling

Selling

OOAK

One of a kind: an item with no identical copy, such as a vintage piece, a handmade original or a sample.

A one-off item has a quantity of one on every marketplace where it is listed. If it sells in one place, the other listings must come down promptly, or the seller has two buyers for one item.

See Overselling

Condition

Open box

A product whose original packaging has been opened; the exact marketplace condition definition can vary by category.

Check functionality, accessories and signs of use before choosing this condition. An opened box does not by itself establish that the product is unused or complete.

See Refurbished

Inventory

Overselling

Accepting orders for more units than you can supply.

Two marketplaces can each accept an order for the same one-off jacket. The seller has two orders but only one jacket. Accurate counts, connected listings and prompt stock updates all help reduce this risk.

Read the Overselling explanation

P

Condition

Preloved

A marketing term for a previously owned item, commonly used for second-hand goods.

Preloved does not establish a precise condition grade. A bag can be previously owned and barely used, or heavily worn. State the specific condition instead of relying on the label.

See EUC

Inventory

Preorder

An order placed before a product’s release or stated availability date.

A maker accepts orders for a new print before production finishes. Buyers should understand the expected dispatch date. A preorder is planned availability, not a promise that the item is sitting on a shelf.

See Backorder

Products

Product listing

The offer buyers see for an item: its title, pictures, description, price, condition and purchase details.

One physical camera can have several marketplace listings. Those listings are separate offers for the same stock, not additional cameras you can sell.

Explore ai listing generator

Products

Product variant

A specific combination of a product’s options, such as a black T-shirt in size medium.

Three colours in four sizes can produce twelve variants. Track stock for each combination: having five small shirts does not mean a medium is available.

Explore inventory sync

Shipping

Proof of delivery

Carrier evidence recording delivery, which may include a timestamp, photograph or signature depending on the service.

Check that the evidence belongs to the correct shipment. A delivery scan is useful evidence, but it does not by itself resolve every dispute over contents or condition.

See Tracking number

R

Condition

Refurbished

A previously owned or handled product that has been inspected and restored as described by the seller or refurbishment programme.

Explain what was checked, repaired or replaced and who did the work. “Refurbished” does not automatically mean manufacturer-certified, new cosmetics or a particular warranty.

See Open box

Selling

Relisting

Putting an item back up for sale or refreshing its listing presence, subject to a marketplace’s rules.

Before relisting an unsold lamp, review its price, photographs and description. A refreshed listing cannot fix inaccurate information or guarantee a better search position.

Explore auto relisting

Inventory

Reorder point

The stock threshold that signals when to order more of a replenishable product.

At two units sold per day, seven days to replenish and six units of safety stock, a simple reorder point is twenty units. It tells you when to order, not how many to buy.

Read the Reorder point explanation

Sourcing

Retail arbitrage

Buying goods through retail channels and reselling them where a different price can be achieved.

A clearance item may sell for more elsewhere, but delivery, fees, returns and eligibility rules can erase the difference. A higher listing price elsewhere is not evidence that buyers pay that price.

Explore sold price checker

Metrics

Return rate

The proportion of sold units or orders returned, using a defined basis and time window.

Five returned items out of a hundred units sold gives a five per cent unit return rate. Do not mix unit returns with an order denominator, and allow time for recent orders to complete their return window.

See Average order value

Metrics

ROI

Return on investment: profit divided by what you spent, expressed as a percentage.

Buying a jacket for £10 and clearing £15 profit after fees and postage is a 150% ROI. ROI compares against cost; margin compares against the sale price. They answer different questions.

Explore profit margin calculator

S

Inventory

Safety stock

Extra stock kept as a buffer against unexpected demand or replenishment delays.

If a shop normally needs twenty units while waiting for a delivery, keeping five additional units provides a buffer. That buffer costs money and storage space, so it should reflect actual uncertainty.

Read the Safety stock explanation

Metrics

Sell-through rate

The percentage of a defined stock pool sold during a stated period.

Selling thirty of a hundred available units gives thirty per cent sell-through for that period. State the denominator and treatment of replenishment: reports do not all calculate the stock pool in the same way.

Read the Sell-through rate explanation

Shipping

Signed For

A Royal Mail service in which the recipient signs on delivery, giving proof of delivery.

A signature confirms the parcel was handed over at the address. It does not confirm what was inside, so photograph high-value items as they are packed.

See Proof of delivery

Products

SKU

Stock keeping unit: a code a seller assigns to identify and track a particular product or variant.

A blue mug and a green mug need different SKUs. Two identical blue mugs can share a SKU and have a quantity of two. For unique second-hand items, assign each item its own code.

Read the SKU explanation

Inventory

Slow-moving inventory

Stock selling more slowly than the business expects over a defined period.

A seasonal decoration may move slowly in spring but sell well later. Judge speed against its category, season and intended selling window before classifying it as dead stock.

See Deadstock

Shipping

Small parcel

A Royal Mail size format for items up to 45 × 35 × 16 cm and 2 kg.

A pair of trainers in their box usually fits. Price the service, tracking and compensation level you choose separately from the size format.

Explore shipping

Sourcing

Sold comps

Comparable completed sales used to assess what buyers have paid for similar items.

Compare the same model, condition, size, included accessories and sales period. Unsold asking prices show seller expectations; they do not establish achieved selling prices.

Explore sold price checker

Condition

Spares or repairs

An item sold as not fully working, for parts or for someone to fix, rather than as a functioning product.

A games console that powers on but will not read discs is spares or repairs. List the fault you observed and what you tested, and choose the marketplace’s not-working condition rather than a used grade.

See A/F

Inventory

Stock on hand

The stock physically held at a location, including units that may already be reserved or otherwise unavailable for sale.

Ten mugs on the shelf might include two committed to paid orders and one damaged mug. Physical stock is ten, but immediately sellable stock is only seven.

See Available stock

Inventory

Stockout

A situation in which a product has no stock available to meet demand.

A popular cable selling out is a stockout. An oversale happens only if you accept an order you cannot supply. Tracking stockouts helps distinguish weak demand from missed sales caused by unavailable stock.

See Backorder

T

Condition

TLC

Needs TLC (tender loving care): an informal description for an item that needs cleaning, mending or restoration.

A vintage chair with a wobbly leg and a stained seat “needs TLC”. Buyers will still want to know which leg, how bad the stain is and whether the frame is sound, so name the work required.

See Spares or repairs

Shipping

Tracking number

An identifier used to follow a shipment through a carrier’s tracking system.

Creating a tracking number does not prove the parcel has been collected. Check carrier acceptance and progress events if a buyer asks whether the item has actually been dispatched.

Explore shipping

U

Products

UPC

A product identifier commonly referring to GTIN-12, represented by a UPC barcode in retail.

Copy the identifier for the actual product and variant. A barcode on a different pack size is not an acceptable substitute simply because the brand matches.

Read the UPC explanation

V

Condition

VGC

Very good condition: informal shorthand for a used item with light, minor wear and no significant faults.

VGC on a wool coat still needs specifics: light pilling under the arms, all buttons present, no moth holes. Shorthand tells a buyer your opinion; photographs and a list of marks let them form their own.

See EUC

W

Selling

Watchers

Buyers who have saved a listing to follow it, shown as a count on some marketplaces such as eBay.

Ten watchers and no sale usually means interest at a lower price. Some marketplaces let sellers send an offer to watchers; check what you are willing to accept before you send one.

Explore offer management

Sourcing

Wholesale

Selling goods to businesses, usually for resale, often in larger quantities or on trade terms.

A retailer buys a case of notebooks to sell individually. Compare the actual delivered unit cost and minimum order with expected demand; a low headline price is not useful if most of the case remains unsold.

Explore wholesalers

About this glossary

Definitions focus on physical-product selling. Examples are illustrative. Marketplace condition labels and reporting formulas can differ: follow the linked primary references and the rules of the service you use. Acronyms are explained in their selling context, not every possible meaning.

Scroll to Top