What is flash sales strategy?

cherry123

Popular
Member
Sep 5, 2022
27,440
2,611
Dex
$0.401
Raw Dex
$0.000
flash sale as the name implies is a discount that is provided for a limited time only to customers. This act of flash selling is to arouse the urge of urgency amongst buyers to take advantage of a deal before the limited time is up. This act will bring a large number of sales over a short period of time to the business.

What do you think?
 
AgoraForo - Digital Marketplace & Freelancer Forum

cherry123

Popular
Member
Sep 5, 2022
27,440
2,611
Dex
$0.401
Raw Dex
$0.000
Yesh it is to make quick sales especially for slow selling products it is a good strategy to adopt too by the company to attract new customers and maintain the old ones
 

Heatman

Team Lead
Member
Jun 14, 2022
5,831
301
Dex
$0.000
Raw Dex
$0.020
All these sales terms are all the same thing in my opinion. They are all targeted at pushing sales more than the usual with a strategy of selling with discount.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
flash sale as the name implies is a discount that is provided for a limited time only to customers. This act of flash selling is to arouse the urge of urgency amongst buyers to take advantage of a deal before the limited time is up. This act will bring a large number of sales over a short period of time to the business.

What do you think?
You are right and it will create awareness to people that you are selling a particular product.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,207
565
Dex
$4.000
Raw Dex
$0.117
This is a kind of a strategy that enables the seller to make massive sales on a slow moving product by reduction of price or imposing a particular discount on some products.
 

Shavkat

Very Familiar
Member
Sep 7, 2022
13,631
947
Dex
$0.515
Raw Dex
$0.003
This is a kind of a strategy that enables the seller to make massive sales on a slow moving product by reduction of price or imposing a particular discount on some products.
I do this strategy in my online shop. I am enjoying it because I am having some sales lately. Although it still needs to plan for different strategies in sales from time to time.
 

Springtime

Well Known
Member
Dec 22, 2022
7,929
294
Dex
$1.340
Raw Dex
$0.105
A bakery shop at the Mall nearby my place always adopts this strategy. They offer special discount during 2:00 - 4:00 pm. It is very effective. They manage to sell a lot of cakes and bread during a short period of time.
 

Shavkat

Very Familiar
Member
Sep 7, 2022
13,631
947
Dex
$0.515
Raw Dex
$0.003
A bakery shop at the Mall nearby my place always adopts this strategy. They offer special discount during 2:00 - 4:00 pm. It is very effective. They manage to sell a lot of cakes and bread during a short period of time.
It sounds like a good marketing strategy. I must relay this to my mom's best friend. She has a bakery shop and did not do this promo scheme yet. It would make her happy for this kind of suggestion.
 
Back
Top