What's the best way to calculate the potential impact of BOGO discounts on my profit margins?
Asked 10 months ago
What's the best way to calculate the potential impact of BOGO discounts on my profit margins?
Zaiden Barnes
Saturday, August 26, 2023
Calculating the impact of BOGO discounts on profit margins entails a multifaceted analysis. Consider factors like cost per unit, anticipated sales increase, and potential cannibalization of full-priced sales. Craft a detailed spreadsheet comparing scenarios with and without the BOGO offer. This analytical approach empowers informed decision-making, safeguarding healthy profit margins.
Please follow our Community Guidelines
Related Articles
Related Posts
Kate Pauline Galagnara
Can You Create Multiple Shopify Discount Codes at Once?
Kate Pauline Galagnara