discounts

Discounts and allowances are reductions to a basic price of goods or services. There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the discount issuer.

Source: en.wikipedia.org

Shoppers Subscribe to Retailers’ Membership Programs for Beauty Deals

Shoppers Subscribe to Retailers’ Membership Programs for Beauty Deals
Shoppers Subscribe to Retailers’ Membership Programs for Beauty Deals
July 11, 2024  |  Retail

As retailers look to win subscribers over to their paid membership programs to bring in revenue and drive loyalty, PYMNTS Intelligence indicates that, if Walmart+...

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23% of Grocery Shoppers Alienated by High Prices
23% of Grocery Shoppers Alienated by High Prices
July 05, 2024  |  Consumer Finance

As grocery shoppers look to find the merchant best suited to their needs, a significant share of customers find themselves put off by higher-than-expected prices,...

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Pawstruck CEO: Summer Deals Events Present Make-or-Break Acquisition Opportunity
Pawstruck CEO: Summer Deals Events Present Make-or-Break Acquisition Opportunity
July 05, 2024  |  Retail

As Amazon and Walmart gear up for their summer deals events, digitally native brands are seeing the opportunity to scale in ways that would never...

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iPhone Market Share Sinks in China and the US
iPhone Market Share Sinks in China and the US
July 02, 2024  |  Apple

Apple’s aggressive discounting campaign in China apparently did not prevent it from losing market share. The tech giant ended May with 11% of the Chinese smartphone market, even...

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TikTok Joins Merchants’ Summer Discounting Dash for Paycheck-to-Paycheck Shoppers
TikTok Joins Merchants’ Summer Discounting Dash for Paycheck-to-Paycheck Shoppers
July 01, 2024  |  Social Commerce

As retailers and marketplaces look to summer sales to win the spending of budget-strapped consumers, TikTok Shop is joining the mix with its own discounting...

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Price Wars: Amazon and Walmart Escalate Race to the Bottom
Price Wars: Amazon and Walmart Escalate Race to the Bottom
June 28, 2024  |  Retail

This week in the ongoing battle between retail giants Amazon and Walmart, the two companies are upping their discounting efforts in an effort to secure...

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Amazon Takes On Temu and Shein With China-Direct Discount Section
Amazon Takes On Temu and Shein With China-Direct Discount Section
June 26, 2024  |  Amazon

Amazon will reportedly add a section to its shopping site that aims to compete with Temu and Shein, featuring items that are cheap and are shipped from China to...

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More Retailers Imitate Prime Day as Consumers Demand Discounts
More Retailers Imitate Prime Day as Consumers Demand Discounts
June 25, 2024  |  Retail

As retailers look to hold their own among bargain-seeking shoppers this summer in the face of competition Amazon’s ever-more-popular Prime Day, Target is the latest...

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