What can I give instead of discounts?

How do you avoid giving discounts?

Read on to learn six ways how you can decrease discounts and increase sales.

  1. Make Customers Earn a Discount. …
  2. Increase Value Instead of Discounting. …
  3. Bundle Up. …
  4. Buy More, Get More. …
  5. Credit for Next Purchase. …
  6. Rebates.

Which is better method to give discount?

As a rule of thumb, you should go with the option that has the highest perceived value. So, taking the above example, I would go with the 20% discount because it seems higher than the $5 discount, even though the savings are the same no matter what you choose.

Why you should not give discounts?

When you give discounts, you attract bargain hunters. When you price your product at what it’s worth and politely decline to take anything less, you attract customers who want and can afford to pay it. The final reason you shouldn’t offer discounts is because it leads to a feeling of inconsistency with your pricing.

How do you make a discount?

Just follow these few simple steps:

  1. Find the original price (for example $90 )
  2. Get the the discount percentage (for example 20% )
  3. Calculate the savings: 20% of $90 = $18.
  4. Subtract the savings from the original price to get the sale price: $90 – $18 = $72.
  5. You’re all set!
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Is 10% a good discount?

Giving an Actual Dollar Amount Off

Essentially 10% off a $90 product is attractive, but at $100, the percentage discount seems less attractive than the total money saved. By positioning it at $10 off, instead of 10% off, it makes the offer more attractive to buyers. This is also true for bigger discounts.

How do you write a discount?

Here’s What Separates the Good Discount Messages From the Great

  1. Reinforce the Benefits of Your Product or Service. Sure, a discount offer or coupon is great. …
  2. Create a Sense of Urgency. …
  3. Use a Benefit-Based Call-to-Action (CTA) …
  4. Make It Exclusive. …
  5. Aim for Novelty. …
  6. Include an Image.

How do you reject customers asking for discounts?

If you absolutely have to reply negatively to the customer’s request for a discount, do so politely. Say you’re sorry, but that the price you offered them is the best value package. Stand your ground without getting defensive or forceful, even if the customer insists.

How do you respond when clients think you are too expensive?

Let’s start with how you shouldn’t respond…

  1. Don’t automatically assume you’ve lost this client. …
  2. Don’t panic. …
  3. Don’t defend yourself. …
  4. Don’t take it personally. …
  5. Start a conversation. …
  6. Acknowledge that you’re expensive. …
  7. Focus on the return on investment (ROI) …
  8. Ask yourself: “Is this my ideal client?”

How do you tell a customer you don’t have what they want?

7 Ways to Tell Your Customer No

  1. Empathize with the customer’s situation. …
  2. Validate the customer’s emotions while reiterating your intention to help. …
  3. Focus on the primacy of the customer and the relationship. …
  4. Treat every “no” like the first “no” of the day. …
  5. Offer your best alternative first. …
  6. Get curious. …
  7. Ask for feedback.
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How do you deny a request?

Here are some tips for how to decline a request graciously:

  1. Think before you respond. If possible, don’t give your answer immediately. …
  2. Accentuate the positive. …
  3. Give a reason when possible—not a fabrication. …
  4. Be straightforward about the future. …
  5. Listen to their response. …
  6. Stand your ground. …
  7. “No” language examples.

How do you deny a return request?

Be firm and courteous

Start by acknowledging the refund request and your steps in determining if it was valid. Then explain your decision to deny the refund. Use active language like, “I looked into your situation and our refund policy does not allow one in this case.”

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