During the off-season, the rues hotel offers a 25 discount on its rooms to attract guests. the rues hotel is demonstrating <u>The use of price as a promotional tool</u>.
A discount is the reduction of either the financial quantity or a percent of the ordinary selling charge of a product or service. for example, a reduction of $10 can be provided from the list rate of a product, or as a 10% bargain from the listing fee.
The definition of discount is decreased expenses or something being bought at a rate decrease than that item is normally bought for. An example of something defined as the cut price is a purse bought for fifty percent off its normal rate or a shop that focuses on promoting clothier objects at an under-marketplace price.
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