Every type for promotional activity including:-
Percentage Discounts: Offer a percentage off (e.g., “20% off” or “50% off”) to attract customers. Storewide percentage discounts tend to perform well.
Flat Dollar Amount Off: Discount items by a fixed dollar amount (e.g., “$5 off” or “$20 off”). This approach can be profitable and straightforward to test.
Buy One Get One (BOGO): Encourage purchases by offering a free item when customers buy another. For example, “Buy One Get One Free.”
Limited-Time Offers: Create urgency with time-bound promotions (e.g., weekend sales, flash deals).
Contests and Giveaways: Engage customers through fun contests or freebies. For instance, a social media giveaway.
Loyalty Programs: Reward repeat customers with exclusive discounts or points-based systems.
Bundle Deals: Combine related products or services at a discounted price (e.g., “Buy a laptop and get a printer half off”).
Cross-Selling: Promote complementary items during checkout (e.g., “Customers who bought X also bought Y”).
10 Jan 2024
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