Discount Meaning
Discount Definition & Usage
A reduction in price, typically offered by a seller to encourage purchases or reward customers.
Examples
- "The store is offering a 20% discount on all winter clothes."
- "If you buy in bulk, you can get a discount on your total order."
- "I managed to get a discount on the laptop after showing my student ID."
- "Online shoppers can avail of discounts during Black Friday sales."
- "This coupon provides a $5 discount on any purchase over $50."
To reduce the price of an item, either temporarily or permanently.
Examples
- "They discounted the price of the shoes after the storewide clearance."
- "I decided to discount the cost of the service by 10% to retain customers."
- "The company will discount its services for loyal clients next month."
- "The manager is willing to discount the product if the customer buys in bulk."
- "She decided to discount her art pieces to make them more accessible to a wider audience."
Cultural Context
Discounting is a widespread practice in modern retail and commerce. It is a tool used by businesses to stimulate sales, attract customers, and clear out inventory. Historically, discounts became more popular in the 19th and 20th centuries with the rise of department stores and retail chains.
The Great Discount Debate
Story
The Great Discount Debate
Max stood in line at his favorite electronics store, eagerly waiting for his turn to pay for the latest smartphone. The sign overhead announced a 15% discount for all purchases over $100, which made him feel like he was getting a great deal. As he approached the counter, his friend Zoe, who worked there, gave him a knowing smile. 'You know, Max, we actually just discounted that phone further this morning. It's 25% off now.' Max raised an eyebrow. 'Really? That's a pleasant surprise! I thought I was already getting a good deal.' Zoe nodded. 'It happens. Discounts are often adjusted depending on stock levels and time of day. The goal is to make sure customers feel like they're saving.' She grabbed the phone and scanned it through the register, applying the new discount. Max was happy to save an extra $40, and he thanked Zoe as she handed him his receipt. Later that afternoon, Max met up with his other friend, Emily, who was also shopping for a new phone. Emily sighed. 'I don’t even know if I should buy it today. Discounts are so confusing. I want to make sure I’m really getting a good deal.' Max laughed and replied, 'You’re in luck! I just got an even better discount. It's all about knowing when to buy and how to negotiate.' 'Can you teach me how to do that?' Emily asked, intrigued. Max smiled. 'I’ve learned from experience. Sometimes, stores are willing to discount things more if you ask, or even apply coupons. You have to know when to take advantage of those moments.' The two friends spent the next few hours hunting for even better deals, making sure they discounted every item on their shopping list as much as possible. They felt accomplished, knowing they’d spent wisely and gotten exactly what they wanted without paying full price.'
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