Coupon

Coupon

A document or digital code that grants the holder a discount or rebate on a purchase. It serves as a promotional tool to encourage buying by offering savings directly to consumers.

Related Terms

Excess Inventory

Also referred to as surplus inventory, denotes the surplus stock held by a company beyond what

Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of

Merchandising

It includes the comprehensive strategies and practices retailers employ to promote and sell products to customers