Hello Katie! Today we will learn about Promotions in E-Commerce.
Promotions
Promotions offer sales and discounts to online shoppers to attract new customers and increase revenue. Promotions like discounts or coupons are powerful tools businesses can use to drive customer loyalty.
Promotions
Sometimes, the price tag on a product or service can be costly for a customer. Charging weekly, monthly, or annually, allows the seller to set the price at a more affordable point, and lets customers budget it into their monthly bills.
Sounds Good ! What’s the difference between discount and coupon?
Yes, ecommerce provides different types of promotions. Businesses can choose the type of Promotions based on customer expectation and business goals.
Are there any different types of promotions?
Dollar value discounts, percentage-based discounts, free shipping, and free gift are some of the common Promotions in ecommerce.
Promotions
Thanks Carl! Indeed, it was a very informative session. Looking forward to the next one.
So that’s all for Promotions. Hope you have learnt something useful today.