What are progressive discounts and how do they work for beauty products?
As a beauty brand owner, I'm exploring innovative pricing strategies that can help me increase average order value and encourage larger purchases. I've heard about progressive discounts but don't fully understand how they could be implemented effectively in my product line. I want to know the mechanics of these discounts, their potential impact on customer behavior, and how I can design a strategy that motivates customers to buy more while maintaining healthy profit margins. What are the key considerations and best practices for implementing progressive discounts in the beauty and cosmetics industry?