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What is SKU?

Stock Keeping Unit

DEFINITION

A Stock Keeping Unit (SKU) is a unique identifier for each product variant in your catalog. One product with 3 sizes + 5 colors = 15 SKUs.

DEFINITION
SKU
A Stock Keeping Unit (SKU) is a unique identifier for each product variant in your catalog. One product with 3 sizes + 5 colors = 15 SKUs.

Why SKUmatters

Tracks inventory, pricing, and sales per variant. SKU-level analysis reveals best-sellers, slow movers, and margin mix. Essential for retail, ecommerce, and quick-commerce operations.

Common mistakes with SKU

  • 1

    Treating gross revenue as success. Contribution margin per order is what determines viability.

  • 2

    Counting first-purchase ROAS as the KPI. 90-day LTV ROAS is the operational target.

  • 3

    Building Shopify theme on platform defaults. Custom blocks and progressive enhancement deliver 15-30% CVR lift typical.

How to improve SKU

  • Push toward 30%+ contribution margin on every SKU. Anything below subsidizes operations from elsewhere.

  • Build subscription or replenishment SKUs into 20%+ of revenue. Predictable revenue compounds.

  • Optimize for repeat-purchase rate as the operating metric. New-acquisition spend should follow LTV, not vanity revenue.

Common questions about SKU

What is SKU?
A Stock Keeping Unit (SKU) is a unique identifier for each product variant in your catalog. One product with 3 sizes + 5 colors = 15 SKUs.
Why does SKU matter for marketing teams?
Tracks inventory, pricing, and sales per variant. SKU-level analysis reveals best-sellers, slow movers, and margin mix. Essential for retail, ecommerce, and quick-commerce operations.

Need help applying SKUto your business?

Book a free 30-min audit. We will benchmark your SKUagainst your industry and flag what to fix first.

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