Discounts

Discounts refer to reductions in the price of goods or services, typically offered to encourage purchases, increase sales volume, or promote customer loyalty. They can be presented in various forms, such as percentage off the original price, fixed dollar amount reductions, seasonal promotions, or special offers for specific groups (e.g., students, seniors). Discounts can apply at the point of sale, through coupon codes, or in longer-term pricing strategies. They serve both to attract customers and to manage inventory, and they can influence consumer behavior and purchasing decisions. Retailers and service providers frequently use discounts as marketing tools to gain competitive advantages and stimulate demand in the marketplace.