A global discount is a reduction in the total price of an order or invoice, typically applied after other discounts have been taken into account. It’s different from a regular discount, which can be applied to individual items or subgroups of items.
Here are some contexts where you might encounter global discounts:
Retail Many online stores offer global discounts during sales events like Black Friday or Cyber Monday. These discounts can be a percentage off the entire purchase or a flat rate amount taken off at checkout.
Business management software Some business management software programs, like Odoo, allow you to set up global discounts that are automatically applied to sales or purchase orders. This can be useful for giving certain customers or suppliers a discount on all their business with you.
Here are some additional things to keep in mind about global discounts:
The way a global discount is applied can vary depending on the situation. It may be applied before or after taxes are calculated.
Global discounts may be offered in addition to other promotions or coupons.
Be sure to read the fine print associated with any global discount offer to understand the terms and conditions.
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