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Discount pricing refers to a variety of business practices where the cost of a good or service is reduced in an effort to attract customers, sell surplus stock, or increase sales. Discount pricing works best when customers feel like they’re “getting a good deal” on the product.
Location-based discounting tactics are frequently used to reduce shipping expenses or to draw customers from a certain area. Utilizing this method frequently entails providing Amazon discount coupons to specific clients in particular locations.
Some businesses decide to sell specific goods or services at a loss in order to increase brand recognition or boost client loyalty. -
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