A discount is a reduction to a basic price of goods or services. Whether you have an abundance of a certain type of product, and you need to "get it off your shelves", or you want to increase short-term sales, you can do it by offering a discount.
What is a discount?
Discount is a deduction from the face amount of an invoice, made in advance of its payment.
There are many purposes for discounting. Discounts can be a form of sales promotion. You can reward valuable customers by offering them discounts that target this specific group.
Discounts can also be in a form of price discrimination, like offering discounts to students or the elderly.
Discount types
There are essentially 3 types of discounts in ReadyCMS:
- Rules based on orders
rules that apply to customer's single checkout
Set up the discount rules that apply to orders that reach a certain amount of products or a certain cost. - Rules based on customers
rules that apply to specific users or user groups
Set up discount rules that apply to valuable customers to reward them. - Rules based on products
rules that apply to specific products or product categories
Set up discount rules that apply to products which short-term sale you want to boost, or that belong to out-of-date stock.
How to add new discount rules
- Sign in to your ReadyCMS account
- Go to the Settings dropdown menu
- Click on Shop > Discounts
- On the Discount rules page click the Add new discount rule button
- Select the type of discount rule you want to create
- Additional settings will appear depending on the type you chose
- For example, let us choose discounts for products or product categories
- Enter the name of the discount in the Title field
- Choose a product or product category from the corresponding combo box
- In the Discount section, define the discount price (whether it's a fixed amount or percentage-based)
Tip:
If you are creating a Free shipping discount rule, select the free shipping option. If you want to learn more, refer to Free shipping. - Define the number of times discount can be used in the Use section
- Set the time period in which the discount will be valid
- (Optional) In the Other section, you can define the sorting mechanism
- Click the toggle switch button Activate rule to activate this discount
- Click the Save button to confirm changes
After you create discount rules, they will show up on a Discount rules page.
Tip:
Activated discounts are marked with a green light next to their names.