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Meaning of "unit pricing" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF UNIT PRICING

unit pricing play
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GRAMMATICAL CATEGORY OF UNIT PRICING

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Unit pricing is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES UNIT PRICING MEAN IN ENGLISH?

Unit price

Average prices represent, quite simply, total sales revenue divided by total units sold. Many products, however, are sold in multiple variants, such as bottle sizes. In these cases, managers face a challenge: they must determine 'comparable' units. Average prices can be calculated by weighting different unit selling prices by the percentage of unit sales for each product variant. If we use a standard, rather than an actual mix of sizes and product varieties, the result is price per statistical unit. Statistical units are also known as equivalent units. Average price per unit and prices per statistical unit are needed by marketers who sell the same product in different packages, sizes, forms, or configurations at a variety of different prices. As in analyses of different channels, these product and price variations must be reflected accurately in overall average prices. If they are not, marketers may lose sight of what is happening to prices and why. If the price of each product variant remained unchanged, for example, but there was a shift in the mix of volume sold, then the average price per unit would change, but the price per statistical unit would not.

Definition of unit pricing in the English dictionary

The definition of unit pricing in the dictionary is a system of pricing foodstuffs, etc, in which the cost of a single unit is shown to enable shoppers to see the advantage of buying multipacks.

WORDS THAT BEGIN LIKE UNIT PRICING

unit cell
unit character
unit cost
unit factor
unit furniture
unit holder
unit magnetic pole
unit of account
unit of measurement
unit price
unit process
unit rule
unit set
unit trust
unit-linked policy
Unit.
UNITA
unitage
unital
unitard

WORDS THAT END LIKE UNIT PRICING

butter icing
community policing
coppicing
cornicing
dancing
de-icing
dynamic pricing
enticing
fondant icing
icing
invoicing
policing
predatory pricing
pricing
rejoicing
road pricing
royal icing
self-sacrificing
servicing
transfer pricing
voicing

Synonyms and antonyms of unit pricing in the English dictionary of synonyms

SYNONYMS

Translation of «unit pricing» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF UNIT PRICING

Find out the translation of unit pricing to 25 languages with our English multilingual translator.
The translations of unit pricing from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «unit pricing» in English.

Translator English - Chinese

单位定价
1,325 millions of speakers

Translator English - Spanish

precio por unidad
570 millions of speakers

English

unit pricing
510 millions of speakers

Translator English - Hindi

यूनिट मूल्य निर्धारण
380 millions of speakers
ar

Translator English - Arabic

التسعير وحدة
280 millions of speakers

Translator English - Russian

цены за единицу
278 millions of speakers

Translator English - Portuguese

preço por unidade
270 millions of speakers

Translator English - Bengali

ইউনিট মূল্য
260 millions of speakers

Translator English - French

prix à l´unité
220 millions of speakers

Translator English - Malay

Harga unit
190 millions of speakers

Translator English - German

Einheit Preis
180 millions of speakers

Translator English - Japanese

単位価格表示
130 millions of speakers

Translator English - Korean

단위 가격
85 millions of speakers

Translator English - Javanese

Unit pricing
85 millions of speakers
vi

Translator English - Vietnamese

giá đơn vị
80 millions of speakers

Translator English - Tamil

அலகு விலை
75 millions of speakers

Translator English - Marathi

युनिट किंमत
75 millions of speakers

Translator English - Turkish

Birim fiyatlandırma
70 millions of speakers

Translator English - Italian

prezzo unitario
65 millions of speakers

Translator English - Polish

ceny jednostkowej
50 millions of speakers

Translator English - Ukrainian

ціни за одиницю
40 millions of speakers

Translator English - Romanian

prețului pe unitate
30 millions of speakers
el

Translator English - Greek

τιμή ανά μονάδα μέτρησης
15 millions of speakers
af

Translator English - Afrikaans

prys per eenheid
14 millions of speakers
sv

Translator English - Swedish

jämförpriser
10 millions of speakers
no

Translator English - Norwegian

enhet prising
5 millions of speakers

Trends of use of unit pricing

TRENDS

TENDENCIES OF USE OF THE TERM «UNIT PRICING»

The term «unit pricing» is regularly used and occupies the 107.546 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
50
/100
The map shown above gives the frequency of use of the term «unit pricing» in the different countries.
Principal search tendencies and common uses of unit pricing
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «unit pricing».

FREQUENCY OF USE OF THE TERM «UNIT PRICING» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «unit pricing» during the past 500 years. Its implementation is based on analysing how often the term «unit pricing» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about unit pricing

EXAMPLES

10 ENGLISH BOOKS RELATING TO «UNIT PRICING»

Discover the use of unit pricing in the following bibliographical selection. Books relating to unit pricing and brief extracts from same to provide context of its use in English literature.
1
Pay-As-You-Throw: Lessons Learned about Unit Pricing of ...
The process of considering, planning, and implementing a unit pricing program is a process of moving from general to specific notions of addressing waste management issues. After considering long-term solid waste goals and options and ...
Janice L. Canterbury, 1996
2
Pride-Ferrell Foundations of Marketing
Bundle Pricing Travel- and tour-related products are sometimes priced using bundle pricing. bundle pricing Packaging together two or more complementary products and selling them for a single price multiple-unit pricing Packaging together ...
3
Life Skills Activities for Secondary Students with Special Needs
2. Have students explain how they figured out which was the better buy. Ideally, they will understand that it boils down to how much you would have to pay for a single can. 3. Define unit pricing (the price for only one of a group of items).
Darlene Mannix, 2009
4
Business
... systematic basis random discounting temporary reduction of prices on an unsystematic basis odd-number pricing the strategy of setting prices using odd numbers that are slightly below whole-dollar amounts multiple-unit pricing the strategy ...
William Pride, Robert Hughes, Jack Kapoor, 2009
5
Why Do We Recycle?: Markets, Values, and Public Policy
Before the 1980s, unit pricing for garbage collection was apparently confined to a few West Coast communities. The current wave of interest began with Seattle's well-publicized introduction of unit pricing in 1981, and rose to nationwide ...
Frank Ackerman, 2013
6
Retailing Management: Text and Cases
Multi-unit Pricing In multi-unit pricing, the retailer offers discounts to customers who buy in quantity or who buy a product bundle. This involves value pricing for more than one of the same item. For example, one t-shirt being offered for 255.99  ...
Pradhan, 2009
7
Succeeding in Business with Microsoft Office Excel 2007: A ...
Looking Up Unit Prices Using a VLOOKUP Vijay will need to look up the quantity ordered to find the unit price, so the lookup_value is cell D14. Cells A7:B10 contain the unit pricing data; these are the cells the function will search ( table_array).
Debra Gross, Frank Akaiwa, Karleen Nordquist, 2007
8
Landscaping: Principles and Practices
They are at best guidelines and should not be used as anything more than that. As a landscape company prepares to set up its unit pricing system, it must do some careful calculating of the time its crew people require to perform specific tasks ...
Jack E. Ingels, 2004
9
Use Your Fingers, Use Your Toes: Quick and Easy Step-by-step ...
Using Unit Pricing Unit pricing, now available in many stores, is a fabulous way to compare the value of products. Simply put, unit pricing is the cost of buying one unit of a product. Many grocery stores now list for each product what it would ...
Beth Norcross, 2004
10
Retail Pricing Strategies and Market Power
The display of this information on the package or on the supermarket shelf is called unit pricing. In many countries, unit pricing is a legal requirement when the product sells in amounts that are not standardised. As noted earlier, examples ...
Gordon Mills, 2002

10 NEWS ITEMS WHICH INCLUDE THE TERM «UNIT PRICING»

Find out what the national and international press are talking about and how the term unit pricing is used in the context of the following news items.
1
Shoppers beware: Grocers 'confusing' consumers with special offers …
Grocery shoppers in the UK are being tricked at the supermarket, says a new government report. Grocers use special offers and obscure unit pricing to "confuse" ... «International Business Times UK, Jul 15»
2
Minimum unit pricing for alcohol would save lives, reduce crime and …
Introducing a minimum unit price for alcohol would be worth £882m to the Welsh economy over the next two decades, independent research has revealed. «WalesOnline, Dec 14»
3
How the Unit Pricing Labels in Stores Can Trick You into Spending …
Unit pricing makes comparing products—from one brand to the next or between different sizes—more like comparing apples to apples, so it's easier to see which ... «Lifehacker, Oct 14»
4
Minimum unit price '50 times more effective' than alcohol floor price
In addition, the researchers estimated that the ban only increased the price of 0.7% of alcohol units sold in England, whereas minimum unit pricing would ... «BBC News, Sep 14»
5
Walmart and Costco Join in Pricing Deal; Amazon Is Holdout
According to his office, 19 states and the District of Columbia require stores to show unit pricing on consumable items like food, toiletries, over-the-counter ... «New York Times, Jun 14»
6
Minimum alcohol policy referred to European court
Holyrood ministers have said minimum pricing was vital to address Scotland's ... "From the outset we said that we believed minimum unit pricing was contrary to ... «BBC News, Apr 14»
7
We can no longer afford not to put a minimum unit price on alcohol
Minimum unit pricing was strongly backed by the Chief Medical Officer of England in 2008, and at that time the University of Sheffield estimated that in ten years, ... «The Independent, Feb 14»
8
Were ministers under the influence of drinks industry?
A Department of Health spokesman said: “Minimum unit pricing is still under consideration. As you would expect from a government department seeking to effect ... «Telegraph.co.uk, Jan 14»
9
Minimum alcohol pricing: Five countries oppose Scottish drink plan
She added: "The Scottish Court of Session failed to give any consideration to the effect of minimum unit pricing on producers in other European Union member ... «BBC News, Jul 13»
10
Energy supplier EDF calls for single-unit pricing
One of Britain's biggest energy suppliers is calling for single-unit pricing for gas and ... It would mean customers would only have one price to compare between ... «BBC News, Jun 13»

REFERENCE
« EDUCALINGO. Unit pricing [online]. Available <https://educalingo.com/en/dic-en/unit-pricing>. May 2024 ».
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