Friday, December 4, 2009

Types of discounts

There are many different kinds of discounts used in the business. There are trade or functional discounts this is normally for manufacturing and transporting services. They usually get a discount off the list price. Next there is quality discount and it for organization who buy in bulk. Cash discounts this is also given to business who pay earlier and receive a percentage off. Seasonal discounts are reduced prices during certain times of the year. For example they may put water ski products on sale during the winter because its not really being purchase during that season.

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