Bulk Sale Discount

Purpose:

The purpose of the Bulk Sale Discount feature in RetailEasy POS is to encourage customers to make larger purchases by offering them discounts based on the quantity of items they purchase. This feature is particularly useful for businesses that sell products in bulk or want to incentivize customers to buy more in a single transaction.

Note: Bulk Sale Discount is to give the discount in bulk for 'N' number of bills made to a specific customer in a specific period. The user is required to select the bills for a specific period and can give a discount in a single shot and the same is applied to all the selected bills. It is available as a custom license in the basic editions.

Benefits:

- This leads to increased sales volume and revenue per transaction.

- This can help improve customer acquisition and retention rates.

- Customers are more likely to buy more items if they perceive significant cost savings, enabling the business to clear excess stock efficiently.

- Providing value to customers through discounted pricing can improve overall customer satisfaction and loyalty.

- When cash transactions are used, it may be easier to maintain balance in accordance with retailer requirements when completing GST returns.

Steps to process for Bulk Sale Discount:

Step 1: Go to Tools > Miscellaneous > Bulk Sale Discount

Step 2: Fill in the details with Bill Date & Bill Amount Range, Customer Name from LOV.

 Step 3: Enter the Bill Discount % and click the Calculate function key to apply discount for the bill.

Step 4: BillDisc Amt will be reflected. Click Save.

Conclusion:

By providing discounts on bulk purchases, businesses can increase sales volume, attract and retain customers, clear excess inventory, and gain a competitive advantage in the market. Customers benefit from cost savings, enhanced satisfaction, and the opportunity to purchase larger quantities at discounted prices. This feature supports strategic inventory management, improves cash flow, and provides valuable data for future decision-making.

FAQ's:

1. Can I customize the Bulk Sale Discount minimum and rates?

• Yes, RetailEasy POS often provides options to customize the minimum and rates for Bulk Sale Discounts. You can specify the minimum quantity required for the discount to apply and define the percentage or fixed amount discount that customers will receive.

2. Are Bulk Sale Discounts automatically applied at the point of sale?

• Yes, when a customer's purchase meets the specified quantity minimum for the Bulk Sale Discount, the discount is typically applied automatically at the point of sale within RetailEasy POS. The discounted price should be reflected in the final transaction total.

      3. Can I track the effectiveness of Bulk Sale Discounts in RetailEasy POS?

• RetailEasy POS provide reporting and analytics features that allow you to track the effectiveness of Bulk Sale Discounts. You can monitor the sales performance of discounted products, analyze customer behavior, and assess the impact on overall revenue and profitability.