How do gift-focused discounts perform vs self-purchase discounts?
As an e-commerce merchant, I'm curious about the performance differences between gift-focused discounts and self-purchase discounts. I want to understand how these two discount strategies impact conversion rates, average order value, and overall revenue. My goal is to develop a nuanced promotional approach that maximizes sales during key gifting seasons while maintaining profitability throughout the year. What insights can help me strategically design and implement these different discount approaches?