What Is a Discount? A Complete Guide to Its Benefits, Types, and Use In today’s competitive marketplace, the word “discount” is everywhere—from supermarket shelves to online shopping carts. But what exactly is a discount, who offers it, and why? More importantly, how can you take advantage of discounts to save money and make smarter buying decisions? This comprehensive guide will answer all your questions about discounts, covering their meaning, types, benefits, examples, and who can benefit from them. 📌 What Is a Discount? A discount is a price reduction offered by a seller to the buyer for a specific time-period or under specific conditions. It reduces the original price of an item, encouraging buyers to make purchases by offering them savings or added value. In simple terms: Discount = Original Price – Discounted Price Discounts are common in both online and offline stores and are often used to attract new customers, increase sales, or clear old inventory. 🧠 Why Do Selle...
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