Giving discounts to your customers such as 15% off $100 orders is a way to attract and bring in more customers to buy your products. The good thing with discounts is that they help both the customer and the business. They improve your business reputation and increases your sales. Discount can help a business reach its goal in a business world that is full of competition. Usually, when it’s that time of the month that you offer discounts, the stores employees should be increased because the traffic will be very high.
With the increased traffic to your store, sales will increase too. When people come shopping at your store, they will walk around and discover more items. The items will not be discounted but they will go ahead and buy them. You might be offering discounts on jewelry but customers will buy other items too such as clothing and shoes. Increased sales are good for business and boosting your profit margins.
When you discount items, you sell more quickly. This helps clear your store and free up some space. You might have items that will stay in your store for a very long time but when you discount them, buyers purchase them. This way you create room for other new items. Most buyers want things with low prices. Offer discounts to ensure that products don’t expire while still in the store. Offering discounts especially to the people who are in bad situations in life boosts your business reputation. The consumers will see that you are not entirely after money but after helping people.