The True Cost Of Discounting
ABOUT THE SHOW
A commonly used strategy to increase the sales and income in a business is to offer a discount to entice more customers to buy. But discounting can work out more expensive than you might first think.
Episode 42 explores the true cost of discounting in your business and how a 10% discount can cost you a lot more than 10% profit on your business bottom line. Tune in with Jason Skinner right here!
SOMETHING TO TWEET
It's not the sales that we make, it's the actual money that's left in the bank account that is the critical indicator of success in business - Jason Skinner
Jason: There really wasn't a lot of content out there on this so I thought it would be a great episode to bring you to be able to help you to save you some money actually because we're going to be talking about the area of discounting and it's one of my hates I guess when I'm advising businesses.Continued....
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