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Per-Person Pricing with Group Discounts Example: If you run wine-tasting tours, you might normally charge $50 per person. For groups of 10 or more, you could offer a 10% discount, meaning each person in the group would pay $45.
How many people for a group discount?
GroupSave fares are based on groups of 3 to 9 people travelling together at all times and people travelling on this fare cannot split from the group to travel separately. To qualify for GroupSave discount, all tickets must be purchased together in a single transaction.
What is a discount group?
Discount groups are useful to give different discounts on equipment to different customers. Example: give customer A 10% discount on rigging and 20% discount on audio, whilst customer B only gets 15% discount on audio.
What is a group discount?
Group discount is a marketing strategy where businesses offer reduced pricing for products or services to a group of customers or participants. This tactic encourages larger purchases or sign-ups by incentivizing potential buyers with cost savings when they join others in the group.
What is the most common group of discounts?
Percentage-based discounts One of the most prevalent discounting strategies is the percentage-based discount. This discount offers a reduction based on a percentage of the products original price. For example, if a product is priced at $100, a 10% discount would reduce the cost by $10, making the new price $90.
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Example: Imagine you offer historical walking tours for $50 per person. For groups of 10-15 people, you might lower the price to $45 per person. For groups of 20+, it could drop to $40 per person. This way, you reward larger groups, but youre still covering your costs.
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