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Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
Learn about the origin and evolution of coupons, from the first-ever coupon for a free glass of Coca-Cola in 1888 to the modern electronic and mobile coupons. Find out how coupons are used for marketing, pricing, and taxation purposes.
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