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What are the benefits of offering discounts and promotions?
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[QUOTE="Johnson2468, post: 303099, member: 93261"] Promotions and discounts can make a company stand out from the competition. In a crowded market, giving potential customers a discount may help attract their attention and persuade them to make a purchase. For businesses that are just getting started or trying to grow their consumer base, this can be very successful. Furthermore, offering promotions and discounts can assist companies in getting rid of inventory that isn't moving as rapidly as they would like. Businesses can encourage customers to buy these items and make room for new products by providing a discount. Another benefit of offering discounts and promotions is that they can help increase customer loyalty. By offering special deals to customers, businesses can show that they value their patronage and are willing to go the extra mile to keep them coming back. This can lead to increased customer satisfaction and long-term loyalty. [/QUOTE]
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What are the benefits of offering discounts and promotions?
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