Discounts given on end-of-season products to clear inventory are called?

Discounts given on end-of-season products to clear inventory are called?

• A. Trade Discounts
• B. Geographics
• C. Seasonal Discounts
• D. Psychographics

Answer: (C)

Seasonal discounts are price reductions timed to a specific season to clear out end-of-season inventory. They’re used to move seasonal stock, make space for next season’s items, and attract customers who want to buy before products become irrelevant for that period. This focuses on the timing and type of stock being moved, rather than targeting a particular channel or customer group. Trade discounts are reductions offered by manufacturers to retailers to encourage larger orders or faster payment, not specifically tied to season. Geographics and psychographics refer to market segmentation—location-based targeting and consumer lifestyle/values—not pricing tactics.

Seasonal discounts are price reductions timed to a specific season to clear out end-of-season inventory. They’re used to move seasonal stock, make space for next season’s items, and attract customers who want to buy before products become irrelevant for that period. This focuses on the timing and type of stock being moved, rather than targeting a particular channel or customer group. Trade discounts are reductions offered by manufacturers to retailers to encourage larger orders or faster payment, not specifically tied to season. Geographics and psychographics refer to market segmentation—location-based targeting and consumer lifestyle/values—not pricing tactics.