Skip to main content
All CollectionsYour Wecora Library
Unit cost vs. Selling price...what's the difference?
Unit cost vs. Selling price...what's the difference?
Stephanie Dixon avatar
Written by Stephanie Dixon
Updated over 6 months ago

For any item you enter in to your library, you have the option of adding MANY details about that item, two of which are:

  • Selling Price

  • Unit costs

SELLING PRICE: In Wecora world (and all other worlds really:), "Selling price" is exactly what it sounds like, the price you will charge the end customer or client.

UNIT COST: This is YOUR cost on an item.

To edit either of these fields, you simply click on an item within your library or on your boards. When you do, the right-hand sidebar will appear and you can edit accordingly.

We strongly encourage you to utilize storing both of these numbers in Wecora, even if you don't plan on sharing this information with anyone else. Why?

  • Budgeting!

  • Your library - the next time you use this item, you won't have to try to remember how much it costs...the current price will automatically be there for you.

  • Profitability!

Did this answer your question?