Everyone likes a bargain. Why pay full price for something when you can receive a discount? This is why discount websites are gaining popularity. They’re great for the consumer, but are they good for the merchant and small business owner? As a small business owner, have you worked out the real cost of discounting and the impact it will have on your business? Daily deal websites charge a fee of approximately 15-20% of the sale price and stipulate that the offer presented must be at least 50% off the original sale price.
Read MoreWhat is Discounting Costing You?
Topics: growing your business, increase profit, buyer demand, starting up your business, small business, attract new customers, save cash, branding, discounting
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