Well, this is frustrating! Six months ago, you decided to attract more customers to your gas station/mini-mart by offering all snacks, candy, and beverages for 50% off. When you checked your finances three months ago, you could see a noticeable uptick in business. Having achieved your goal, you then discontinued the snack specials, and you've just discovered that business has dropped off so much that you're earning even less than when you started! What do you think went wrong?

Question

Quizplus · Accepted Answer

CB) Ending a long-running promotion can indeed lead to customer dissatisfaction, especially if those customers were primarily attracted by the discounted prices. They might feel betrayed or disappointed when the prices go back up, leading them to take their business elsewhere.C) Offering a wide range of products at a significant discount can initially boost sales volume but might not be sustainable in the long term. If the cost of the discount outweighs the profit margin from increased sales, the business can end up losing money, especially once the promotion ends and the temporary increase in customers disappears.

Well, This Is Frustrating! Six Months Ago, You Decided to Attract