eli5 - Why do online retailers offer sales with deals like ... - Reddit

Its likely to make people feel like they are getting a discount when that is just the base price. Imagine in a store they sell apples for 1 money and they dont sell that well. So instead they …

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ELI5: Why Do Stores Even Participate In Black Friday? Surely

1 week from now

Stores like Wal-Mart buy massive amounts of product so they get it dirt cheap. They might only pay $200-$300 for a TV that sells for $800-$1000. ... The whole reason it is called "Black …

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FAQs about eli5 - Why do online retailers offer sales with deals like ... - Reddit Coupon?

Why do vendors resell so much lower than retail prices?

You have now in mind that the "real" price is 417 Dinar, and any vendor is cheaper. If you bought 300 of them then the price would drop substantially. That is why the vendors can resell much lower than retail pricing. For the Samsung specific example, it's purely because Samsung overprice the MSRP for people who don't bother to shop around. ...

Is Reddit a good sales channel?

Reddit may not seem like an obvious sales channel, but if done properly, it can be an especially effective one. With the size of the user base and how engaged they are, leveraging the site in an authentic way is a valuable social media marketing strategy. It just has to be done in the right way. ...

Why do retailers offer discounts?

Retailers can sometimes offer discounts/sales that the manufacturer won't themselves offer because they don't want to compete with their channel vendors they depend on. Your local vendor might have agreements with local cellular networks in order to further subsidize the phone price. ...

Should you sell on Reddit?

While the decision to sell on Reddit or not needs to be decided based on your circumstances, the site offers unique characteristics that separate itself from other digital platforms. Reddit offers three paid options for reaching users, each of them engaged and based on specific interests. ...

How do you support sales on Reddit?

People come to industry or product-related subreddits to learn something or get advice. The best strategy to support sales on Reddit is to find niche subreddits related to your products or services, hang out there, and genuinely drop in helpful tips where you can. Not to tack on a call to action at the end, but simply because you want to help. ...

Why is eli5 so popular?

Reddit has acknowledged ELI5 as one of the most important communities on its website. In 2013, the company even named its first original video series after the subreddit. The videos take a comedic approach to the subreddits’ premise and explain things like the Syrian crisis and philosophy to actual 5-year-olds. ...