Encouraging repeat purchases is a great switzerland telegram data strategy for sales promotions. Attracting repeat customers is cheaper than finding new ones, and increasing customer retention by 5% can yield more than 25% in profits.
By offering exclusive incentives to repeat customers, you will increase their loyalty, encourage repeat purchases, and possibly earn quality referrals. This strategy will also help you retain long-term customers, as they are already familiar with your brand and move through the sales funnel faster.
Selling in the off-season or during quiet periods
As with clearance sales, if your business has seasonal fluctuations or slow periods, well-planned sales promotions can help stimulate purchases and generate interest during periods when sales are typically slow or stagnant.
Short-term increase in income
Sales promotions can help companies increase the volume of sales of goods or services. Although sales are often at a reduced price, the increased volume of goods sold helps make up.