bulk purchase discounts
Bulk purchase discounts are price reductions offered by sellers to customers who buy large quantities of a product. This pricing strategy encourages customers to buy more at once, which can help businesses increase sales volume and reduce inventory costs. The discount can vary based on the quantity purchased, with larger orders typically receiving a greater percentage off the regular price.
These discounts are common in various industries, including wholesale, retail, and manufacturing. They benefit both buyers, who save money, and sellers, who can move products more quickly. Bulk purchase discounts are often used for items like office supplies, groceries, and construction materials.