(Please skip this step if you already provide promotions, if not then it s a must read for you)
Let us explain via an example, if you sell a product at $5 and it includes $2 profit, consider providing $1 as discount, you will be still earning this way but you will earn less. You may be thinking that, it will decrease your profits by 50%, but believe us your overall profits will increase this way! How? By following the above method, you are providing a product at lower prices. But your competitors are selling the same product at a higher price comparatively; their customers will start buying that product form you because they will be getting it at cheaper price without compromising the product quality and everyone likes cheaper product. Moreover, the inflation rates are really high nowadays and a customer tries the product rate at various outlets and stores before buying it, because of the inflation cheap products have became hard to find.
Imagine that you want to buy, for example, a LCD TV, will you go to a showroom and simply buy it without some research about it? Of course not, you will search for each and every option available in the market. Now suppose, X outlet is providing the LCD at $100 less than others, will you buy from other sellers and pay $100 more than the X outlet? I don t think so; you will only buy it from X outlet, even if other seller is your good friend or even relative.
Same thing can be applied to your business or profession too and this way you will start getting a lot more customers than what you were getting earlier. Coming back to profits, If you were selling a product 100 times earlier and gaining $200 per day, at discounted price you will be able to sell 200 units a day or may be 300 or even more, if you will sell 200 units at half profit than earlier, you will be still earning $200 or may be more.
You might be thinking, I cannot provide discount all times during a year and what after will happen when I start selling at normal prices? Let us explain, when you were providing a promotional item, during that time you have earned all the new customers, plus your competitor s customers have became YOUR customers now.  Plus you have earned the trust of all the customers by providing a quality product at lower prices and once you earn a customer s trust, he/she becomes your permanent customers. So, after bringing the price at normal market rates you will earn even more than all previous profits.
Hence it s a very good idea to provide discounts and promotional items or something similar.
Promotions

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Everything Explained

What are promotion?

Why post promotions on addified?

Let’s assume that you are already providing promotions to your customers and as a result, your sales are outstanding. Now answer (to yourself) a very simple question: Do you want more sales? If your answer is NO, kindly read on...
You are providing promotion that means you are getting less for your product, either directly or indirectly but, you are certainly getting less profit. That is because of the promotional price (price of free home delivery, cash discounts, free items on certain purchases, etc.) is deducted from the selling price. We know that, no one can provide schemes from their pocket because it will turn into heavy losses that mean that promotional price must be a part from the profit (margin) included in total sale price of the product. Thus, we can say that, if you are providing promotions, you are earning less profit for each item or service you sell. The good news is during the period when you provide promotions, your sales increase tremendously and due to increased sales you cover up the low profit margins.
When you provide your promotional deals on addified.com, a large number of people looking for the specific products or services, that you provide, get to know that you are providing promotional deals on the products they are looking for. This makes them buy from you, thus making them your customers and contributing in increasing your sales.
Isn’t it will be great to have more sales, just by taking a very simple step of posting your deals on our website.

Why give promotional deals when, you will earn more without it?

Promotions or Business Promotions are special deals provided either on all products or on some pre selected products. Such promotions are laso known as, business promotion deals, promotional deals, special deals, cash discounts etc. Any deal provided by business owner, which give the customer gets something extra is termed as promotional deal, for example, cash discount, something free on pruchase of a product, etc. Promotions are named so because, if someone provides promotions, such promotions promote the business  builds trust, increases business popularity and increases the sales.

Some Business Promoting Ideas

For promoting your business you can provide any deal you like unless it does not cost you from your own pocket. The key to provide a successful promotional deal is, it must attract customers and it must provide some extra value to your customers. For providing promotions, you don't have to rely upon what others are providing or had provided, you can make your own unique promotional deals, or you can modify an existing deal of others, all you need is a little creativity and you can create great business promotions of different types, designed according to a particular season, fashion, customer group, anything. The list can be endless and sometime it gets confusing too, to get started following are some ideas that you can use as it is or after some modification according to your needs:
Cash Discount: it can be percentage or flat, i.e. 20% discount on purchase of washing powder or $10 discount on purchase of body soap.
Something free on purchase of a particular Product or set of different products, i.e. Get a tooth-brush free on purchase of tooth-paste or shaving blade free on purchase of shaving brush, crème & after shave lotion or tea pack free on buying 2 or more coffee packs.
Cash discount on total purchase of a specific amount, i.e. 10% Discount on purchase of $200
Discount Coupon on purchase of particular amount, i.e. On purchase of $100 a discount coupon will be provided, which can be used on next purchase and can be used two times.
Easy EMIs, i.e. letting the customer pay their total amount in easily payable Easy Monthly Installments (EMI)
0% interest on EMIs
Discount on Purchase of 2nd or 3rd product of same type, i.e. 15% discount of purchase of 2nd T-shirt of same type.
Lucky Draw: It s a coupon provided to all customers or customers meeting certain conditions and a Weekly/Monthly/Quarterly/Half-Yearly/Yearly prize or award is given and the winner is chosen through draw. Nature of prize depends upon time period and number of prizes to be given.

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