0
Which times of the year should products be offered at full price and which should be offered discounted?
It is helpful to look at the seasonal trends (if there are any) of the particular product.
If a product is in strong demand in the summer or warmer months, the seller can offer the product at full price, as there will be a buyer who will more then likely purchase the product due to their need and strong demand for it. Therefore, during the colder or winter months, the seller may decide to reduce the price and offer the product at a discount due to a decrease in demand. Hopefully the lower price will entice a consumer into buying the product regardless of their need or want for it.
For example, if a business sold umbrellas, it could be beneficial to offer the umbrellas at full retail price during the winter months, because that is a time when consumers may have no choice but to purchase the umbrella. Conversely, during the summer months, the business could offer the umbrella at a discounted price to encourage consumers to purchase it, even if they do not need the umbrella at that point in time.
The same principles can be used with nearly all products, including clothes (winter/warmer or summer/cooler clothes), foods and household items.
What else can I help you with?
Why is a discounted airline fare a price discrimination that can be offered?
because vacationers are willing to put up with the restrictions that the airlines impose.
What is product competition?
Good or service that can be sold in profitable quantities (within a certain market) on the basis of its price, quality, and service combination preferred by buyers over that offered by competing products.
What was the price of the first walmart stock when offered?
.47
What is a word that means the opposite of full price that starts with the letter d?
The word "discount" (discounted) means at less than full price, often defined as a percentage reduction from the full price.
What characteristic of a perfectly competitive firm that causes it to be a price taker?
A perfectly competitive firm is a price taker because it operates in a market with many buyers and sellers, where no single firm can influence the market price due to the homogeneity of the products offered. Additionally, the presence of perfect information allows consumers to easily compare prices, leading firms to accept the market price determined by supply and demand. Since firms in this market structure produce identical products, they must sell at the prevailing market price to remain competitive, as charging a higher price would result in losing customers to competitors.
A discount of 15 percent is offered on an item which previously cost 1.80 What is the discounted price?
1.53
A discount of 15 percent is offered on an item which previously cost 1.80 What is the discounted price solve?
To find the discounted price, first calculate the discount amount by multiplying the original price of $1.80 by 15% (0.15): [ 1.80 \times 0.15 = 0.27. ] Subtract the discount from the original price: [ 1.80 - 0.27 = 1.53. ] Thus, the discounted price is $1.53.
Why is a discounted airline fare a price discrimination that can be offered?
because vacationers are willing to put up with the restrictions that the airlines impose.
Where could one go to find angle grinders at a discounted price?
Amazon is a pretty huge place in terms of products. They offer a lot of items with a discounted price. An individual looking to buy an angle grinder can find one there.
Are there any online stores that have gym equipment for sale at a discounted price?
Yes, there are online stores that will have gym equipment for sale at a discounted price. One website would be amazon.com. Amazon is a great site that will sell products for cheap.
Can you tell me more about the stickered item on sale?
The stickered item on sale is a product that has a special sticker indicating a discounted price or promotion. It is being offered at a reduced price for a limited time.
Where can I find balloons for a wholesale price?
Paper mart is available online.They carry discounted products(balloons) with no minimum requirement.
What is the blue light special at Kmart?
The blue light special at Kmart is the equivalent of a Managers special elsewhere. Certain items are offered at a discounted price.
Can you tell me about the items that are on sale alone?
The items that are on sale alone are those that are being offered at a discounted price without any additional promotions or deals.
How do you find the original price of discounted item?
You need to know the discounted price and either the discount amount or the discount rate. If you know the discount amount: Original Price = Discounted Price + Discount If you know the Discount Rate (percentage discount ): Original Price = 100*Discounted Price / (100 - Discount Rate)
Where can one buy Adam for Adam products online?
Adam for Adam products can be purchased from many different online stores. One can check Amazon and eBay to find these products at a discounted price.
Where can one purchase Sudafed at a discounted price?
Sudafed can be purchased from many online sites at a reduced or discounted price. Amazon is one online site that sells this product at a discounted price.
