Discounts
What are discounts?
A discount is a temporary price drop on a product or service. It’s used to boost sales, bring in new customers, or thank existing ones. When done right, discounts help your business grow. If overused, they can cut into profits or hurt your brand.
Common types of discounts for online stores
Seasonal discounts
Used around holidays or at the end of a season. Good for clearing out old stock and creating urgency.
Volume or bundle discounts
Buy more, save more. Example: buy 3, get 10 percent off. This raises average order value.
Promotional discounts
Short-term deals linked to events or product launches. They create quick interest but can backfire if customers get used to waiting for sales.
Fixed-amount and percentage discounts
- Fixed: €10 off your order
- Percentage: 20 percent off
Fixed discounts work better on cheaper items. Percentages make more sense for expensive products.
Free shipping
Simple and effective. Offering free or discounted shipping (often over a certain order value) helps reduce cart abandonment.
Also Read: