Multiple Select Question

Question

Select all that apply

Which of the following are important types of discounts for marketing strategy?
Multiple select question.

quantity discounts

seasonal discounts

uniform discounts

cash discounts

Answer 1

The important types of discounts for marketing strategy include:

• Quantity discounts: These are reductions in price based on the quantity purchased, encouraging larger purchases.

• Seasonal discounts: These are offered during specific seasons or time periods to boost sales when demand may be lower.

• Cash discounts: These are given for prompt payment, incentivizing customers to pay their invoices quickly.

So, the options you should select are:

• Quantity discounts
• Seasonal discounts
• Cash discounts

"Uniform discounts" is not a commonly recognized type of discount in marketing strategies.