All Episodes

February 16, 2024 2 mins
Discounts make customers happy in short term, but don't in long term because price reduction creates confusion about the real value of the product and consequently lowers its reputation. Just as children who receive many toys are not happy, customers who are spoiled with discounts and offers are not satisfied. This applies to both B2B and B2C. https://open.spotify.com/episode/3LPBexUdx8SX10YuM4ncUz?si=593f6109250f446e Understand the needs of your customer! You must understand the needs of your customer, not just give in to their requests! When we decide to apply a discount or special offer, we must be sure that we are doing it for a strategic reason. The discount should not be used as the predominant incentive for purchase. Identify the needs behind the requests It is necessary to identify the needs behind the requests. In my consulting services, I help Marketing & Sales Business Units to derive the needs that determine the behavior of the Target from statistical data. The output determines having a clear compass of the target's needs, which result in requests that are unconsciously unrelated to the need. Avoid unnecessary discount temptations The need for a discount is, in fact, a manifest request linked to a latent need. It is therefore necessary to have the tools to respond to needs. Avoid unnecessary discount temptations. Value the customer's need Do not give in to the temptation to offer discounts, but rather value the customer's need and offer them an adequate solution. Customers will appreciate this response to their needs much more than a temporary discount.
Mark as Played

Advertise With Us

Popular Podcasts

Stuff You Should Know
Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.