Discounting in the Digital Age [Infographic]Jul 21, 2016 - by Jason Grunberg
Every marketer knows that discounts work. But we often ask marketers, do you discount because you want to, or the need to immediately drive numbers forward? (Hint: It’s often the latter.)
While discounts are extraordinary at driving short-term gains, they can wreak havoc on your bottom line, and train every customer never to buy at full price. That’s not to say brands shouldn’t discount at all — sophisticated marketers are now focused on deploying discounts strategically vs. treating them as one-off conversion machines.
That’s why we’ve pulled together an easy to follow infographic based on our Ultimate Discount Strategy Guide.
Check it out below to learn:
• Why testing is so important for discounting strategies
• How to use personalization in discounting
• Examples of powerful discount tests to run
Click the image for high-resolution viewing!