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discounts and allowances

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  1. are reductions to a basic price of goods or services

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on November 25, 2008
  2. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a stic

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on November 25, 2008
  3. The market price (also called effective price) is the amount actually paid

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on November 25, 2008
  4. The purpose of discounts is to increase short-term sales, move out-of-date stock, reward valuable customers, encourage distribution channel members to perform a function, or otherwise reward behaviors that benefit the discount issuer

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on November 25, 2008
  5. Some discounts and allowances are forms of sales promotion

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on November 25, 2008
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