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RGM Institute

Glossary

The Glossary below provides clear definitions of key terms used in Revenue Growth Management (RGM), helping you better understand essential concepts, strategies, and metrics that drive top-line growth and optimize profitability. This resource is designed to simplify complex RGM terminology, empowering businesses to make informed decisions on pricing, promotions, and product assortments.

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M

Mainstream competitor
Mainstream competitors make up the bulk of the market, is reasonably priced and fulfill the needs of a typical consumer.

Mainstream price
Prices between the 70% and 80% mark on the indexed price ladder

Mandate
Contains the approved regular price, cycle and deep deal prices, as well a customer-banner specific regular price deals

Manufacturer
The entity making a product

MAPE
Mean-Absolute-Percent-Error

MAT
Moving Annual Total, or a rolling 12 month total

MCP
Merchandising Calls (Planned)

MCUP
Merchandising Calls (Unplanned)

Mechanic
The configurion used to define and execute promotions

MEDS
Media Spend

MEIO
Multi-echelon Inventory Optimization

MERCH
Proportion planned merchandising calls

MFC
Facing Count

MFU
Facings Used

Mid-point method
Uses the average of two values as the denominator when calculating the percentage change in the two values

Mill's
Millions - value or volume

MKT
Market - e.g. market share

MPE
Minimum required price elasticity

MT
Modern Trade - a channel, e.g. Modern Trade grovery

MU
Mark-UP