Explain how to structure discounts so that they encourage customers to spend money and keep the business profitable. Be sure to

Question

Andre45 [30]

3 years ago

7

Explain how to structure discounts so that they encourage customers to spend money and keep the business profitable. Be sure to

consider supply and demand in your pricing structures.
PLEASE HELP ME PLEASE I NEEEEED IT QUICK PLEASEEEEEE!!!!

Business

1 answer:

umka21 [38] · Answer 1 · 2022-05-01T14:19:09+03:00

If you offer volume discounts, it will encourage customers to buy more than that would have otherwise. For example, if each pair of socks is $5 but you offer a volume discount where customers can get 10 pairs for $30 you are encouraging them to spend more than they normally would.