Cost of Goods Sold (COGS)

Cost of Goods Sold (COGS)

Also referred to as cost per unit or cost of sales, it involves the direct expenses a company incurs in manufacturing or purchasing the products it sells, including material and labor costs.

It excludes indirect costs related to selling and distribution expenses.

Related Terms

Brand positioning

Refers to the unique offering or key differentiations of the brand’s products for its customers.

Customer Loyalty

Emerges when customers consistently favor a brand over its competitors, leading to repeat purchases and a