A line discount in a POS system refers to a reduction in the price of a specific item on a customer’s bill. It’s different from a total order discount, which applies to the entire purchase.
Line discounts offer several advantages:
Promotional flexibility: You can provide discounts on particular products to clear out inventory, run targeted promotions, or reward specific customers.
Increased sales: Discounts can incentivize customers to buy more by making products more affordable.
Improved margins: You can use line discounts strategically to maintain profitability even with reduced prices.
There are two main types of line discounts:
Percentage discount: This reduces the price of an item by a specific percentage. For instance, you might offer a 10% discount on all shirts.
Fixed amount discount: This reduces the price of an item by a set dollar amount. For example, you could offer a $5 discount on a particular toy.
Here’s how line discounts typically work in a POS system:
Adding the item: The cashier scans the item or enters the product code into the POS.
Applying the discount: The POS system might automatically apply a pre-programmed line discount to certain items. Alternatively, the cashier may have the option to manually enter a discount for a specific item.
Calculating the final price: The POS system calculates the discounted price by subtracting the discount amount from the original price of the item.
Receipt reflection: The final price with the applied discount is reflected on the customer’s receipt.
Line discounts are a powerful tool for POS systems, enabling you to offer targeted promotions and manage your pricing strategy effectively.
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