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Describe various discounts and allowances a company can make for the pricing of their products.

To describe about the types of discount, let us understand the purpose of discount.

Discount can occur in any "distribution channel". This can,

To attract, retain and get customers short term sales to move-out-of-stock etc.

Types of discounts:

You can call in simple,

1. Trade discount 2. Quantity discount 3. Cash discount

I am giving you detail discounts down.

Dealing with trade Discount card Coupons Dealing with quantity Trade-in credit Rebate