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

High-Low Pricing

A strategy where a company sets an initial high price for a product and later reduces

Brand positioning

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

Unplanned Out-of-Stocks

Instances where a product is unexpectedly unavailable for purchase, often resulting in lost sales and dissatisfied