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Old 09-27-2007, 10:19 PM
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Default Hiding your discount promotion for more profits?

It's strange to have a discount which you don't shout out to.

I pose some scenario's for you to consider:-

1) You have a product on discount for a specific group. Will you just communicate this info to the group or to everyone else?

2) Someone from the group wants to buy your product but doesn't know that he's entitled to a discount. Will you inform the customer of the discount, or will you just keep quiet and pocket the extra profit?

Thought about these questions after reading about some guy getting military discounts.

Discounts available, just ASK [MoreMerchant.com]
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Old 09-27-2007, 11:58 PM
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Yes, in many restaurants, students can ask for a discount too. Most people assume that because it's not a market therefore the price is final. Here are some interesting tips on where you can save money.
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Old 09-30-2007, 09:34 PM
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Default Does not hurt to ask!

The good thing about student discounts is that it is usually posted conspiciously. There are times when this information is not readily available. When so, it does not hurt to ask if a discount is available. Same goes for senior citizen discounts. Although the government sometimes will publish a discount for some services the privateers should also follow suit in this trend and offers reasonable discounts to students and seniors alike. There is more mutual good will that way.
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Old 10-01-2007, 11:01 PM
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I must ask to get a discount. If I don't know about it, I don't get one. Maybe there's alot of good publicity or good for the image to advertise or state that you offer such discounts to seniors and students. Rather than feeling ripped off, you understand why students might go for budget prices and why seniors should get some entitlements.
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Old 10-02-2007, 04:27 AM
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Default Ask and you shall receive

As for discounts most merchants on or offline do not oftten publish their discounts. The best policy like you said is to ask before you write off anything. I make it a practice to ask if there are any discounts applicable for the month, day or even season. Students being under a budget will need discounts and senior citizens having served the country in being productive all their live should get a break too.
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Old 10-02-2007, 07:48 PM
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Then I guess it's a 'If you are willing to pay the actual price, then you can afford it and we don't have to give you a discount. If you really need one or feel that you deserve one, then you would ask for one' situation.

On the other hand, if you keep on asking for discounts, especially with friends around, wouldn't they consider you 'cheap'. Hmmm, if you're considering this question, then maybe you already are. But in actuality, it's making a wise decision of not paying more than you should.

Consider also that if a grandmom asks for a discount with a frail voice, it's harder to say no.
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Old 10-02-2007, 10:40 PM
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Default Don't ever turn down Grandma!

It would be rather difficult to turn down a nice old lady when she asks for a discount. If your friends think you cheap for asking for a discount just ask them if they always buy things at full price. That will get them quiet real quick.

Anyone who feels that it is cheap to do so is not aware that they buy discounted goods all the time. Don't they feel good after purchasing a discounted item or service. Air Asia would never have made it otherwise.
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Old 10-03-2007, 12:15 AM
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It really depends on the place you're at. In a shopping mall environment, merchants openly announce discounts. And many restaurants offer discounts if you pay with a certain credit card. So it's understood that if it isn't announced, there isn't any.

And while discounts are a great thing, they usually involve last season's collection or slightly defective products.

Looking at stores with huge banners announcing huge discounts, you tend to wonder whether they're in so much trouble that they're desperate to clear stock. The next time you return, they might not be there anymore.
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Old 10-05-2007, 05:13 AM
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discounts usually mean trouble. nobody gives them away for free unless they want to get rid of something. question is: why?

i try not to get lured into discounts too much.
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Old 10-07-2007, 08:51 PM
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Default Discounts are designed to bring in customers.

Discounts are usually aimed at the frugal customer who is always looking for a bargain. Sometimes stores would use this as a tool to pull in a customer who usually ends up buying more that what he came in for. So they offer to discount some items and not all. As far as quality goes you have to know what your buying and see to it that you give the item a once over just to make sure that you are not buying something defective. Consumers also have to check the better business bureau to see how many complaints the store has against them.Even more useful is to make sure the store has a strong return policy which they honor.
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Old 10-07-2007, 09:36 PM
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Hmmm, like for example, towerrecords and their discounts on best seller CDs. I mean, obviously there's already a demand for these stuff but why still provide a discount?

Well, for one, to combat competition. Even if you have a good product, having the same price as everyone else limits the number of customers that you can have. People rather buy the same product, with the same quality in a nearer place.

A discount justifies the travelling/effort put in to go some place further. By giving a discount on high demand products, you're trying to capture a huge chunk of the market. Plus, they know that people are likely to buy more than one cd when they're there so it also supplement sales of other music CDs.

So, combat competition and increase purchase of other items.
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Old 10-18-2007, 08:32 PM
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Default People would drive 100 miles to save a buck

The wierdest thing I have seen in buying habits is some customers would go the distance just to save a measely five dollars. Even when the cost of wear and tear and gasoline does not justify the savings. So when it comes down to it people are drawn to discounts no matter how clever they happen to be. I believe there is a certain satisfaction that comes with getting a discount.

Just take a look at the lines of people waiting for the stores to open after the long labor day weekend. This in itself is proof that some people will wait patiently for the biggest discount days to shop. Take a look at the factory outlet phenomenon and stores like Marshalls and TJ maxx which can compete with the major mall outlets. Everything they sell is discounted by at least 50% all year long and they draw massive number of people.
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Old 10-18-2007, 09:13 PM
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So there's an existing perception with customers that a product without a discount is a BAD DEAL?

Possibly they have the mindset that suuuuuurely there will be a discount for this product somewhere and if they buy it without a discount, they're actually paying more than what they should?

Also, a discount doesn't have to be the BIGGEST discount to provide customers with the satisfaction of feeling that they're probably paying what they should and that looking for bigger discounts will take up too much time and effort and travelling and would not be worth it.

So:-
See no discount - is now considered expensive
See a discount - is now considered actual price

This is what happens when discounts are everywhere and sale/promotions are rampant. The group of people that are having the above mindset grows more and more, forcing everyone to give discounts or at least.... jack up prices and give FAKE DISCOUNTS.
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Old 11-27-2007, 03:06 AM
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Mc Donalds have free refills but they don't advertise it. Next time, just get your free refills.
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