What is Volume-Based Discounting?

What is Volume-Based Discounting?

Volume Based Discounting implies a purchase discount applied to a set of products or price plans when purchased in large quantities. Here, the total price of the cart value decreases as the number of items added increase.

The businesses today are so dynamic, that with changing subscriber preferences it has become increasingly difficult to cater to their needs. With the pandemic, companies have adopted flexible price plans allowing subscribers to be able to pay up for their products and services on time. However, in order to make it all the more convenient and lucrative for subscribers to take advantage of price drop- companies have started moving to volume based pricing.

Volume based discounting allows a subscriber to be able to purchase for multiple price plans and products for themselves at a discounted price.