ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -This form of discount is faster than downloading a coupon and is easier for the customer to complete at the point of sale.

Detailed explanation-2: -A discount code or voucher code is simply a combination of numbers and letters, which usually partially describe the offer or discount in some way. Particular brands will enjoy a set discount for a period of time, and so the voucher can be used to obtain this money off.

Detailed explanation-3: -Coupons can be based on a code or can be applied to given email address whereas vouchers always have a voucher code associated with them.

Detailed explanation-4: -Meaning of promo code in English a word or a set of letters and numbers that you can use to get a discount (= a reduction in the usual price) when you buy something, given as a way of encouraging you to buy: Use the promo code “festival” to get a 15% discount on your tickets.

Detailed explanation-5: -In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product.