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Which times of the year should products be offered at full price and which should be offered discounted?
Wiki User
∙ 14y ago
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.
Wiki User
∙ 14y ago
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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.
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1) Does not take under account the quality of products mentioned 2) Does not consider new products, recently introduced in the market should be a few more as well
A discount of 15 percent is offered on an item which previously cost 1.80 What is the discounted price?
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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.
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How do you find the original price of discounted item?
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Is discounted price the same as the sale price?
no discounted price is the price after some money has been taken off the sale price for a sale etc. but sale price is the original price
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