Can I set up volume discounts for bulk purchases?
I'm running an e-commerce store and want to incentivize customers to purchase larger quantities of my products. I've heard about volume discounts but I'm unsure how to implement them effectively. I need to understand the best strategies for setting up tiered pricing that encourages customers to buy more while maintaining my profit margins. What are the most effective ways to structure bulk purchase discounts that will increase my average order value and motivate customers to add more items to their cart?