Chapter 14

Pricing, Discounts and Promotions: Creating Eye-Catching Offers

IN THIS CHAPTER

Bullet Pricing your products appropriately

Bullet Identifying when the time is right for a sale

Bullet Creating a reduced sale price

Bullet Offering discounts and free shipping

Bullet Saving time by taking some discounting shortcuts

Your pricing is crucial to the success of your online business, and depending on your strategy, attractive pricing could be your point of difference; alternatively, you could be selling at a higher premium, and offering a higher quality product or a superior service. Some businesses use discounts to attract new customers or retain customers who haven’t shopped in a while. However you approach it, discounting should be used strategically rather than you handing out price reductions to customers here, there and everywhere.

In this chapter, I show you how to price your products and run sales and promotions. I also show you how to create discount codes that offer a certain percentage or dollar discount, ...

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