Which of the following best explains 'promotional discount'?
A) Discount is based on a special offer to temporarily stimulate sales.
B) Discount is based on orders placed out of season for delivery later in the year.
C) Discount is based on the how fast the customer pays their bills.
D) Discount is based on customers 'proximity to the supplier's factory or distribution centre.

Question

Which of the following best explains 'promotional discount'? 
A) Discount is based on a special offer to temporarily stimulate sales. 
B) Discount is based on orders placed out of season for delivery later in the year. 
C) Discount is based on the how fast the customer pays their bills. 
D) Discount is based on customers 'proximity to the supplier's factory or distribution centre.

Quizplus · Accepted Answer

A promotional discount is a temporary reduction in price offered to customers with the goal of increasing sales. It is often used to create a sense of urgency and encourage customers to make a purchase.

Which of the Following Best Explains 'Promotional Discount