Flipkart, snapdeal sell products worth Rs 600 cr each in a day !! !! HOW DO THEY MANAGE DISCOUNTS ?? ?? - DISCOUNT STRATEGIES : (Know how to offer discounts and specials and still make a profit) Whenever you alter the sales price (and markup) of your goods and services it is important to understand how this will affect your profit margins and sales targets. To successfully run a sale without making a loss you should know your gross margin, markup and breakeven figures and how the discounted price will affect your profit. From the table below you can use your gross margin figure to see how much your sales volume will need to increase when using different discount amounts. Example: if your gross margin is 40 per cent and you decide to discount your goods or services by 5 per cent, you will need to increase your sales volume by 14.3 percent in order to make a profit. #stayinspired
Posted on: Tue, 07 Oct 2014 20:06:06 +0000
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