Some retailers do special discount promotions. They reduce the price by an additional 5 percent per day or week until the inventory is sold. This is known as a gambler's sale. The longer customers wait, the more they run the risk of the item being sold out before they can buy it. You may also consider offering a quantity discount.
Some businesses provide a discount if the customer buys a certain number of items.
This comes out to a 25 percent discount on a set of four tires. Quantity discounts represent an avenue for increasing your sales by encouraging your customers to buy more at one time. Credit cards and charge accounts also have a bearing on price strat-egy. The primary reason for discounting is to make an item more af-fordable to potential customers. Some businesses have found that when customers charge purchases on their credit cards, they actually buy more items.