Discount Strategy
Markivo Discount & Upsell offers 13 diverse discount strategies across four categories, ensuring you're equipped for any promotional challenge.
Standard discount
Activate these primary discounts quickly to see immediate effects in your daily sales operations.
- Buy One Get One
- Offer: Purchase one item and receive another of the same for free.
- Suitable For: Launching new products and reducing excess stock.
- Fixed Bundle
- Offer: Buy pre-selected product bundles at a cost less than purchasing each item separately.
- Suitable For: Promoting complementary product sales and accessory pairings.
- Quantity Break
- Offer: Discounts escalate with the purchase amount of a single item.
- Suitable For: Encouraging bulk purchases and rewarding major clients.
- Bulk Discount
- Offer: Achieve a specified spending threshold and receive a direct monetary discount.
- Suitable For: Boosting average order value and facilitating quicker sales closures.
- Tiered fixed pricing
- Offer: When the purchase quantity reaches a specified tier, items are settled at a fixed unit price.
- Suitable For: Wholesale purchases, bulk orders, and encouraging repeat purchases.
Mixed and match
Designed for complex sales scenarios involving multiple products or multiple transactions.
- Offer: Mix and match products to enjoy discounted bundle pricing.
- Suitable For: Enhancing cross-category sales and multi-product promotions.
Tiered/Repeating Bulk Discount
- Offer: In Tiered Bulk Discount, discounts increase with purchase tiers; in Repeating Bulk Discount, discounts will be repeated after each cycle.
- Suitable For: Large-scale promotional events and frequent shoppers.
- Offer: Receive a gift or a coupon when exceeding a purchase threshold.
- Suitable For: Attracting new clients and maintaining loyalty among existing customers.
Order discount
Apply these discounts to the entire purchase to enhance overall revenue.
- Standard Order Discount
- Offer: A consistent discount applied to all orders during a promotional period.
- Suitable For: Special sales events and limited-time offers
- Tiered/Repeating Order Discount
- Offer: In Tiered Bulk Discount, I=incremental discounts applied as total order values reach new thresholds; in Repeating Order Discounts, discounts will be repeated after each cycle.
- Suitable For: Extended promotions and incentivizing higher spend.
Upsell and cross sell
Deploy smart upsell and cross-selling tactics to maximize visibility and conversion.
- Pre-Order Offers
- Placement: Product detail and cart confirmation pages.
- Strategy: Intelligent prompts suggest relevant add-ons or alternatives to enhance the shopping experience.