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Sedaia [141]
2 years ago
6

How impact were product discounts on customer questions?

Business
1 answer:
Step2247 [10]2 years ago
3 0

Discounts on products may or may not answer questions from customers, but this does not mean that if a company offers discounts on a product, customers will answer their questions and decide to buy.

Discounts on goods or services are a great way to get new customers quickly. Even if they have never heard of your business before, a discount is likely to pique their interest when they learn that they can save money on goods or services they want, are likely to use, or have considered using. As a marketing strategy, discounts may not only help you increase your bottom line but also attract new customers and attention.

Benefits of providing discounts

  • Attract new customers Discounts- as previously stated, are extremely appealing to customers and have the potential to attract both new and returning customers. Discounting products and services, particularly those in high demand, is a great way to get people's attention. Particularly in these days of social media, word-of-mouth traffic may significantly improve promotion outcomes. Your business's revenue is likely to rise as a result of increased traffic either online or in-store (or both).
  • Increased Sales Despite- The fact that fewer products and services typically result in the greatest number of sales, increasing foot traffic to your store or website suggests that customers will be more likely to consider purchasing other products and services. The increased demand for one item may result in additional purchases while they are there.
  • Enhances Brand Image- There are a number of scenarios in which a business might offer a discount in order to improve its image. A company's image may greatly benefit from targeted discounts, such as seasonal or location-specific discounts or discounts for a particular group of people. For instance, if a company gives discounts to people who are older, have served in the military, or have survived cancer, it shows that it cares about and can relate to certain groups (which gets more attention).

To know more about product discounts visit

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The demand function for a product is given by 2 p x x = − − + 0.05 0.3 8 where p is the unit price in dollars and x is the weekl
const2013 [10]

Answer: This is the correct and complete question ; The demand function for a product is given by p = -0.05x2 - 0.3x + 0.8, where p is the unit price in dollars and x is the weekly demand for the product each week, measured in thousands of units. Find the consumer's surplus if the market price for the product is $5.

Answer for the consumer surplus is 7033.3million

Explanation:

The concept of consumer surplus shows the disparity between the price that consumers are willing to pay for a product in the market and the actual price they do pay on a product. Consumer Surplus is also the difference between the price that a consumer is willing to pay for a commodity and the price that the consumer actually pays. For example, if you would pay 76p for a cup of tea, but can buy it for 50p – your consumer surplus is 26p

Consumer surplus is measured as the area below the downward-sloping demand curve, or the amount a consumer is willing to spend for given quantities of a good, and above the actual market price of the good, depicted with a horizontal line drawn between the y-axis and demand curve.

The attached below shows the detailed calculations with steps.

8 0
4 years ago
If the price level decreases,
Pachacha [2.7K]

Answer:

B. There is a movement down along a stationary money demand curve

Explanation:

Whenever the price level changes there is movement down or up along a stationary money demand curve, in this case because the price level is decreasing there will be a movement down because the demand curve is downward sloping and when price decreases more quantity is demanded so the movement is downwards.

Option A and C are wrong because change in price levels cannot cause the curve to shift right or left. Whenever the curves shift to the right or left it is because of non price reasons.

3 0
4 years ago
Based on the information just given, what will be Robert’s forecast of PAMC’s growth rate? 7.75% 0.02% 4.50% 3.00%
sergiy2304 [10]

Answer:

the growth rate is 3%

Explanation:

The computation of the PAMC growth rate is shown below:

Price of the stock = Current year dividend ÷ (required rate of return - growth rate)

$16.25 = $0.78 ÷ (0.078 - growth rate)

0.078 - growth rate = 0.048

So, the growth rate is 3%

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

7 0
3 years ago
Payment alternatives are part of the ____ phase of the research-based buying process. evaluating alternatives postpurchase activ
igomit [66]
Payment alternatives are part of the Selection & Purchase phase <span>of the research-based buying process. This is the third phase of the process and includes:
</span>Negotiation activities to obtain lower price or added quality, payment alternatives including use of cash & various credit plans and assessment of acquisition & installation that might be encountered
5 0
4 years ago
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The general fund has transferred cash to the appropriate fund for eventual retirement of term bonds maturing in 10 years. which
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It would be d yes yes yes
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