Tag Archives: Percentage Discounts

Why Percentage Discounts Feel Bigger Than They Are

consumer perception of percentage vs dollar discounts

When planning a sale, many businesses face a critical choice. They must decide between two main discount strategies. The first option is a percentage-off deal. The second is a straightforward dollar amount reduction. Often, a percentage-based offer seems more powerful to shoppers. For example, a 20% discount on a $200 item feels more significant than …