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Ecommerce Terms You Need To Know To Manage Your Digital Business

FastSpring

A marketing concept where a business offers several related products or services and sells them as one package solution, often at a reduced price. A reduction to the basic price of goods or services. Businesses reduce the price of a product or service by a specific dollar amount or percentage. Business to business (B2B).

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Digital Marketing Terms: Ultimate Guide For Small Business Strategy

Backlinkfy

It is common for distributors to charge a premium over a manufacturer-direct price for the service and convenience provided. At its simplest, a Dutch Auction is an auction that starts with a high price that is lowered incrementally until a bid is placed or a reserve (minimum) price is met. Niche: A distinct market segment.