Hudson owns a company that installs in-ground swimming pools. He gives large discounts to homeowners who have pools built in October or November. This is an example of a seasonal discount.

Question

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A seasonal discount is a type of pricing strategy where businesses offer discounts during certain seasons to increase sales or to balance out fluctuations in demand throughout the year. In this case, Hudson is offering discounts during the months of October and November, which is a seasonal period for swimming pool installations.

Hudson Owns a Company That Installs In-Ground Swimming Pools