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Special Products

Most Popular • Marketing

Description

A special product is an item that is being sold at a reduced price or with a discount applied to its original or regular selling price. Discounts are typically offered by retailers, businesses, or sellers for various reasons, including:
  • Promotions: Businesses often use discounts as part of marketing promotions to attract customers, increase sales, or clear out excess inventory.
  • Seasonal Sales:Many retailers offer discounts during specific seasons or holidays, such as Black Friday, Cyber Monday, Christmas, or summer clearance sales. These discounts can be significant and are designed to encourage shopping during peak times.
  • Clearance: When a product is discontinued, outdated, or no longer in demand, retailers may discount it to quickly sell off remaining inventory. These are often referred to as clearance or closeout sales.
  • Volume Discounts: Some discounts are offered based on the quantity purchased. For instance, buying in bulk may lead to a lower per-unit price.
  • Promo Codes and Coupons: Online retailers often provide promo codes or coupons that customers can apply during checkout to receive a discount on specific products or their entire purchase.

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