Staff discount
Staff discounts refer to a discount scheme that is applied based on the quantity or size of a purchase. It is a strategy that companies often use to encourage customers to purchase larger quantities of a product or service.
The concept of graduated discounting
With quantity discounts, usually the more a customer buys, the higher the discount will be. This means that the price per unit decreases as the quantity increases. The purpose of quantity discounting is to encourage customers to place larger orders, thereby generating more sales for the company and potentially achieving cost savings through more efficient production or purchasing.
The amount of the tiered discount can vary depending on the company and the products or services offered. Some companies use an established discount schedule, with each tier offering a predetermined discount. Other companies apply the discount individually based on negotiations or specific agreements with customers.
