spocket

what is the price per unit

what is the price per unit is a term used to describe the cost of a single unit of a product. In retail, this price is often used to help customers compare the cost of items that vary in size or quantity. For e-commerce businesses, calculating the price per unit is essential for determining profit margins, setting competitive prices, and ensuring that their products are priced correctly. Understanding the price per unit also helps with inventory management, cost control, and making informed purchasing decisions.