UPC Numbers Definition
A Universal Product Code is a barcode symbology that is created and printed for labeling a product’s packaging. It is helpful when businesses need to identify and track their products in retail operations. A UPC includes machine-readable barcodes with 12 numbers made of digits and differs from product to product.
UPCs help businesses in identifying the product features of each product, including the brand name, size, and color but also assist them in enhancing the process of tracking a product in a retail store or warehouse.
Benefits of UPC Numbers
- Efficient Checkout Process: A UPC enables companies to process their transactions successfully at the point of sale. Also, this barcode can be scanned quickly while also reducing the amount of time required to input a product’s information manually.
- Enhanced Data Analysis: It helps businesses collect and analyze data on product sales and customer buying processes.
- Enlarge Customer Base: UPCs allow businesses to sell their products internationally. The GS1 is an international organization so the barcodes that are assigned by the GS1 have the ability to be sold internationally.
Business Types Using UPCs
What type of businesses should prioritize using UPC numbers?
- Manufacturing businesses that distribute their products should use UPCs
- Businesses that sell their products to other retailers
- Companies that market their goods on multiple digital marketplace platforms
- Those that have an international customer base
- Businesses whose objective is to safeguard the company’s intellectual property