How to Track Profit from Products, Customers

Unit economics provides ecommerce and omnichannel retailers with foundational intelligence that can identify break-even points and long-term sustainability. As the name implies, unit economics focuses on the value a single "unit" represents for the business. This unit can either be a product or a customer. Each of these reveals different, actionable information.

The post How to Track Profit from Products, Customers appeared first on Practical Ecommerce.



from Practical Ecommerce https://ift.tt/3ebLHFv

Comments

Popular posts from this blog

Feeling Lonely? 10 Ways to Cure the Entrepreneurship Blues

Charts: Social Media’s Impact on Ecommerce Revenue