Discounts

Discounts are reductions in the price of a product. They are a common promotional strategy used by businesses to attract new customers, increase sales of existing products, or clear out inventory. There are multiple types of discounts such as percentage discounts, fixed amount discounts, bundle discounts, seasonal promotions, volume discounts, coupon discounts, and loyalty rewards. For customers, discounts mean saving money. They can stretch their budget further and potentially afford items they wouldn't have been able to otherwise. This can lead to increased customer satisfaction and loyalty.