//allowance, concession, deduct, discount, expect, off, rebate, regular, retailer, favorable term, special rate, take a cut, trade fair, unit price
allowance - 津贴，补贴
An allowance is a sum of money given regularly or occasionally to someone, typically as a form of financial support or compensation. It can also refer to a specific amount deducted or allowed in a calculation or budget.
concession - 让步，特许权
A concession is a compromise or agreement in which one party makes allowances or grants privileges to another. It can also refer to a right or permission granted by an authority or government to operate a business or provide a service.
deduct - 扣除
To deduct means to subtract or take away an amount from a total. It involves reducing the value or quantity of something by a specified amount.
discount - 折扣
A discount is a reduction in price or cost. It can be a percentage or fixed amount subtracted from the original price of a product or service, usually as a promotional or sales incentive.
expect - 期望，预计
To expect means to anticipate or look forward to something happening or being the case. It involves having a belief or assumption about the likelihood or occurrence of a particular event or outcome.
off - 减去
Off refers to a reduction or subtraction from a quantity or value. It indicates that a certain amount is taken away or deducted from the original amount.
rebate - 退款，回扣
A rebate is a partial refund or repayment of a sum of money, typically given as an incentive or reward. It can also refer to a discount or refund offered by a seller or manufacturer as an encouragement for purchasing their product or service.
regular - 定期的，常规的
Regular means happening or occurring at fixed intervals or according to a set pattern. It suggests consistency and conformity to a standard or established schedule.
retailer - 零售商
A retailer is a business or person that sells products or goods directly to consumers, typically in small quantities. They operate at the final stage of the supply chain, selling products to the end-users or customers.
favorable term - 优惠条件
Favorable term refers to a condition or provision that is advantageous or beneficial. It implies a term or agreement that is advantageous and gives an advantage to one party over another.
special rate - 特别价格
A special rate is a discounted or reduced price that applies for a limited time or under specific circumstances. It represents a price that is different from the standard or regular rate.
take a cut - 分成，抽成
To take a cut means to receive a portion or percentage of the profits or earnings from a transaction or business deal. It implies taking a share or commission as compensation for one's involvement or contribution.
trade fair - 贸易展览会
A trade fair is an exhibition or event where companies and organizations showcase their products or services to potential customers, partners, and industry professionals. It provides an opportunity for networking, promoting businesses, and exploring new markets.
unit price - 单价
Unit price refers to the cost or price of a single unit or item. It represents the price per unit or individual item, allowing for easy comparison and evaluation of different products or quantities.
allowance:
- Parents often give their children a weekly allowance to teach them about money management.
- The company provides a transportation allowance to its employees.
- The airline offers an baggage allowance of two checked bags per passenger.
concession:
- The government made a concession to the protesters by agreeing to review the controversial law.
- The seller offered a concession of 10% off the original price to attract more customers.
- The company negotiated a concession with the union to avoid a strike.
deduct:
- The employer will deduct taxes from the employee's paycheck.
- You can deduct business expenses from your taxable income.
- The bank will deduct the monthly mortgage payment from your account.
discount:
- The store is offering a 20% discount on all clothing items.
- Students can get a discount on movie tickets by showing their student ID.
- The company offers a discount for bulk orders.
expect:
- I expect to receive the package by the end of the week.
- The customers expect high-quality service from the restaurant.
- The company expects a 10% increase in sales this year.
off:
- The store is offering 50% off all clearance items.
- The hotel has a special promotion with 30% off the regular room rate.
- The company is giving a one-time discount of 20% off to loyal customers.
rebate:
- The appliance manufacturer is offering a $100 rebate on all purchases this month.
- The government provides a rebate on solar panel installations to encourage renewable energy use.
- The car dealership is offering a rebate of $2,000 for certain models.
regular:
- He goes to the gym on a regular basis to stay fit.
- The company holds regular meetings to discuss project updates.
- The restaurant has a regular menu and a special menu for the day.
retailer:
- The retailer sells a variety of products, from clothing to electronics.
- The online retailer offers free shipping on all orders.
- The retailer is known for its excellent customer service.
favorable term:
- The contract includes favorable terms for the buyer, such as a low interest rate.
- The company negotiated favorable terms with the supplier to secure a better price.
- The lease agreement has favorable terms for the tenant, including a flexible cancellation policy.
special rate:
- The hotel offers a special rate for senior citizens.
- The airline has a special rate for frequent flyers.
- The car rental company provides a special rate for weekend rentals.
take a cut:
- The agent will take a cut of the actor's earnings as commission.
- The company decided to take a cut in profits to lower the price of its products.
- The artist agreed to take a cut in his fee for the charity event.
trade fair:
- The company participated in a trade fair to showcase its new products.
- The trade fair attracted visitors from all over the world.
- The trade fair provided a great networking opportunity for businesses.
unit price:
- The unit price of the product is $5 per item.
- The customer can compare the unit prices of different brands before making a purchase.
- The unit price decreases when buying in bulk.
//Title: Maximizing Savings: The Importance of Discounts and Concessions in Retail
In the competitive world of retail, businesses often use various strategies to attract customers and increase sales. One such strategy is offering "discounts" and "concessions" to customers. In this article, we will explore the significance of these pricing tactics and their impact on both customers and retailers.
An "allowance" is a predetermined amount of money given to customers as a discount or reduction in price. This can be in the form of a percentage off the regular price or a fixed amount deducted from the total cost. Allowances are often used to incentivize customers to make a purchase or to reward their loyalty.
A "concession" is a special arrangement or agreement made between a retailer and a customer that allows for a reduction in price or favorable terms. Concessions can be negotiated based on factors such as bulk purchases, long-term commitments, or special circumstances. They provide customers with a sense of exclusivity and can foster long-term relationships.
Retailers often "deduct" a certain percentage from the original price to offer a discount. This reduction in price makes the product or service more affordable and attractive to customers. Discounts can be seasonal, promotional, or based on customer demographics.
Expectations play a crucial role in pricing strategies. Customers "expect" to receive value for their money when making a purchase. By offering discounts or concessions, retailers meet these expectations and create a positive shopping experience.
"Off" refers to a reduction in the original price. It can be used interchangeably with terms like discount or markdown. Customers are more likely to make a purchase when they see an item marked "off" as it signals a reduced price.
A "rebate" is a partial refund given to customers after the purchase is made. It encourages customers to buy by promising a return of a portion of the purchase price. Rebates can be in the form of cash, gift cards, or store credits.
For frequent shoppers, retailers often offer "regular" discounts. These discounts are available to customers who consistently purchase from the retailer. They promote customer loyalty and encourage repeat business.
Retailers are the key players in offering discounts and concessions. They analyze market trends, customer preferences, and competitor pricing to determine the most "favorable terms" for customers. By doing so, they can attract more customers and stay ahead in the market.
A "special rate" is a discounted price offered for a limited time or for specific products or services. It entices customers to make a purchase by creating a sense of urgency or exclusivity.
When retailers offer discounts or concessions, they often "take a cut" from their profit margins. However, this reduction in profit is justified by the increase in sales and customer satisfaction. It is a trade-off that benefits both parties.
Trade fairs provide an opportunity for retailers to showcase their products and offer discounts to potential customers. These events allow retailers to connect directly with customers and promote their offerings at a discounted "unit price."
In conclusion, discounts and concessions play a vital role in the retail industry. They attract customers, foster loyalty, and increase sales. Retailers carefully analyze market trends and customer expectations to offer the most favorable terms. By taking advantage of these pricing strategies, customers can maximize their savings while retailers can thrive in a competitive market. So, keep an eye out for discounts, negotiate concessions, and take advantage of special rates to make the most of your retail experience.