Selling on KongaCreated 2 years ago
| Updated 2 years ago
When is best to reduce my prices? This week, Today? or on the eve of Fall Yakata?
Posted 2 years ago
Around the holidays customers are more inclined to make discount purchases as it is the season of gift giving and receiving, however note the decision to set discount prices is entirely up to you as a merchant regardless of the time of year.
If your store has been selected for the fall yakata sales you may offer discount prices then and even in December. The decision is yours.
Also consider carrying out a survey on your store during the year before the holiday period.
Here are a few questions to consider before you setting discount prices.
1) How profitable will this be for your store?
2) Do your customers make more purchase around the holidays ?
3) Do customers make more purchases after the holidays?
4) Do customers request your items for birthday presents or for general day to day use?
5)Do sales increase during other festivities like Valentine's Day , New Year's etc?
Please consider these before making the decision offer discount prices so as to make gain during the Christmas sales period and all year round.
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