unit pricing

unit pricing
The practice of showing the price of a single unit of a product in order that shoppers can compare the price against the cost of a multipack. A single bag of crisps in a supermarket might cost 30p. A larger bag containing six single bags could be offered at £1. 50, i. e. a unit price of 25p each. The shopper can therefore see at a glance that the larger purchase is the more economical.

Big dictionary of business and management. 2014.

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  • unit pricing — n. a supplementary system of pricing commodities, esp. food items, by showing the prices in terms of standard units, as of an ounce or pint: it facilitates a comparison of prices of competing items …   English World dictionary

  • unit-pricing — unit priˈcing noun A method of pricing foodstuffs, etc by showing the cost per agreed unit (eg kilogram or pound) as well as, or instead of, the overall price of the item • • • Main Entry: ↑unit …   Useful english dictionary

  • unit pricing — noun Etymology: pricing from gerund of price (II) : the pricing of products (as packaged foods) whereby the unit price is indicated along with the total price …   Useful english dictionary

  • unit pricing — / ju:nɪt ˌpraɪsɪŋ/ noun the pricing of items by showing how much each costs per unit of measurement, e.g. per metre or per kilo …   Marketing dictionary in english

  • unit pricing — the system of indicating the cost of a consumer product in terms of a standard unit of measure, as so much per pound, quart, or yard, in addition to the price per can, bottle, or piece. [1965 70] * * * …   Universalium

  • multiple-unit pricing — Selling more than one unit of a product at a lower price than twice the unit price. Buy two, get one free is an example …   Big dictionary of business and management

  • Pricing strategies — for products or services include the following: Contents 1 Competition based pricing 2 Cost plus pricing 3 Creaming or skimming 4 Limit pricin …   Wikipedia

  • pricing — pric‧ing [ˈpraɪsɪŋ] noun [uncountable] 1. COMMERCE the prices of a company s products or services in relation to each other and in relation to those of their competitors, and the activity of setting them: • Aggressive pricing (= cheaper prices… …   Financial and business terms

  • Pricing schedule — A pricing schedule is a function that maps the quantity of a good purchased to the total price paid.Types of pricing schedules* Linear Pricing Schedule A pricing schedule in which there is a fixed price per unit, such that where total price paid… …   Wikipedia

  • Unit trust — A unit trust is a form of collective investment constituted under a trust deed.Found in Australia, Ireland, the Isle of Man, Jersey, New Zealand, South Africa, Singapore [Lee, Boon Keng and Ong, Andy. Personal Financial Planning in Singapore. INS …   Wikipedia

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