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

Markdown Pricing

A pricing strategy where retailers lower the prices of products to boost sales and manage inventory

Brand positioning

Refers to the unique offering or key differentiations of the brand’s products for its customers.

Brand Refresh

When a brand improvises its existing image and communications while maintaining its core identity.