Sometimes when we decide to do a sale, we think of a sale like 25% off everything. Sometimes we do a Buy one get one free.
You might think that a BOGO would make you less money than a 25% off. But until you run some quick numbers your never know.
For example, imagine you have something that costs you $20 and $5 to ship, and you sell it for $100.
If you did a 25% off coupon, the customer would pay you $75. You would make $50 on the sale. ($75 - $25 = $50)
But what if you did a buy one...
Read more
You might think that a BOGO would make you less money than a 25% off. But until you run some quick numbers your never know.
For example, imagine you have something that costs you $20 and $5 to ship, and you sell it for $100.
If you did a 25% off coupon, the customer would pay you $75. You would make $50 on the sale. ($75 - $25 = $50)
But what if you did a buy one...
Read more
from Sometimes a BOGO is better than a discount
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