Item Revenue is the total income generated from the sale of a specific product or SKU. It helps businesses track performance at the product level to inform inventory, pricing, and marketing strategies.
Multiply the number of units sold by the price per unit. For multiple SKUs, calculate separately for each item.
If you sell 100 units of Product A at $50 each, your Item Revenue for that product is 100 × 50 = $5,000.
Monitor performance by SKU to spot revenue trends and adjust strategies quickly.
Focus campaigns on items that generate strong revenue with lower costs.
Use pricing strategies to maximize revenue without losing demand.