Definition, Meaning & Synonyms
unit-sales
Noun
/ˈjuːnɪt seɪlz/
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Definition
Unit-sales refer to the number of individual units sold by a company or brand over a specific period of time.
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Examples
- The unit-sales of the smartphone skyrocketed after the release of its new features.
- Our goal this quarter is to increase unit-sales by 20% compared to last year.
- Tracking unit-sales allows businesses to adjust their inventory accordingly.
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Meaning
In business and marketing, unit-sales are a crucial metric used to gauge the performance of a product or service. It helps in understanding the market demand and the success of sales strategies.
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Synonyms
- Sales volume
- Sales figures
- Volume sold