Answer:
As a business owner, you are always on the hunt for ways to attract more customers who will remain loyal buyers for many years. But there are different strategies you can implement to achieve this goal. Some businesses choose a low-price, high volume strategy, while other businesses target high-income customers by offering exclusive products. One of the most effective strategies is to offer trade discounts and discount series. Businesses often offer a variety of discounts to customers to encourage purchases of products or to encourage volume purchasing as well as to incentivize customers to make payments on time. You can structure your discounts in a number of ways but trade discounts and discount series are time-tested and effective means of boosting revenue.
