Retail Discounts

Modified on Sat, 26 Oct, 2024 at 9:46 PM

Want to make sure you are still making a profit on when discounting your retail products?

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WHAT IS RETAIL DISCOUNTS

Retail Discounts is a quick way to calculate and visually see if you are making a profit or a loss when you are discounting your Retail Products.

ADDING DISCOUNT TO YOUR RETAIL PRODUCTS

To get to the RETAIL DISCOUNTS page, click on Retail Products > Retail Discounts

The Retail Discounts Page should look similar, as this page is exactly the same as the RETAIL PRODUCTS page.

To get started, simply enter a percentage amount into the DISCOUNT RATE field.

Maximize Profits with Effective Retail Discounts in Insightful Sums - Adding a Discount Rate into Insightful Sums to determine if discounting is affecting your retail product sales

Once you have entered your percentage discount amount into this field, you will see that the RETAIL PRODUCTS section will automatically change.

Fields that are GREEN, mean that you are still profitable on this Retail Product

Fields that are RED, mean that you are now making a loss on this Retail Product.

Maximize Profits with Effective Retail Discounts in Insightful Sums - Insightful Sums makes it easy for your to visualize whether your retail products are profitable or not

With this insight, you are another step closer to creating and maintaining a profitable and successful salon