Can I test single vs tiered discount structures?
I'm looking to optimize my e-commerce store's discount strategy and want to understand how different discount structures might impact my conversion rates and overall revenue. Specifically, I'm curious about comparing single flat-rate discounts versus tiered discount models that offer increasing percentage offs based on order value. I need practical insights into how these approaches differ, their potential impact on customer behavior, and methods for effectively testing and implementing these strategies without risking significant revenue loss.