discount rates

Answered!
Jane3983
Level 1
Frankston, Australia

discount rates

Hi Guys,

Can I get some feed back regarding discounts.

I have 15% discount for weekly

And 20% for monthly.

Do you think this is an average discount rate ?

Regards

Jane

Top Answer
Bob297
Level 10
Bilthoven, Netherlands

@Jane3983 I believe a 15% discount for a week is relatively high.
I usually don't give discounts for a week. I tested it once on another portal, raised my rates by 9% on one of my homes and gave a 10% discount. 

View Top Answer in original post

3 Replies 3
Bob297
Level 10
Bilthoven, Netherlands

@Jane3983 I believe a 15% discount for a week is relatively high.
I usually don't give discounts for a week. I tested it once on another portal, raised my rates by 9% on one of my homes and gave a 10% discount. 

Bhumika
Community Manager
Community Manager
Toronto, Canada

Hi @Jane3983 ,

 

Did you happen to make any changes to your discount strategy since you posted?

What do you think about Bob's suggestion above?

 

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Multiply every discount by 12months , it helps you get a bigger picture, that’s what the Banks do 👌