Archive for the ‘Sale’ Category

Price Reduction on Black Friday

We all know Black Friday is the time when good deals are on and you can buy the same consumer product at a much lower price than you would normally during the year, but what people don’t know is that products are discounted in different ways. In this post I will try and explain in short what types of price reduction technologies online shops will use to attract you, the customer:
BlackFridayGPSSale
- Normal price reductions: practically the price of a give product is lower during a limited time frame. You order it during that time frame, you pay less for it

- Discount coupons: if you get your hands on a coupon (basically is a alphanumerical code) and use it during checkout it’s yours for less, sometimes way lower price

- Mail-in rebates: you pay the regular price for the product and than complete a form that you mail to the shop you bought the product from, wait a few days or weeks and you get a check back in an envelope which you can use later to buy other merchandise

- Points: you get them when you buy stuff, the more expensive more points you get. You can use later those points to buy products from the same shop at a lower rate

- buy one get one free: this is a volume discount, get more items from the same merchandise and you get the second/third/etc item at a lower price.