Thousands of Aussies could be out of pocket by hundreds of dollars every week, simply by ignoring supermarket unit prices. As we have referred to in the past, shopping is a big part of our lives, especially food shopping. We are going to show you how to save money when buying groceries, but if your on your way out the door now, check out some of our deals here.
So what is unit price? Introduced in 2009, a new labelling system was applied to all products sold in retail supermarkets to help customers distinguish the difference in price between products. It is not mandatory for all shops and retailers to do this, but only ones over a certain size. A unit price is typically displayed as; per item, kilogram, 100 millilitres, 10 grams or 100 grams.
An example of this would be: Woolworths selling a pack of 6 beers for $6.49, they must also display the unit price per beer of $1.08.
We have a gentleman Ian Jarratt to thank for leading the campaign against supermarkets to change their display policy, to show unit pricing in Australia. Thanks to him, many people now have the ability to save money, but he reportedly told an Australian news channel, consumers largely still remain unaware of the unit price. However this is only due to the supermarkets not educating us. Read the rest of this entry »