Are Flash Sales Effective in Increasing Sales?

[Suba]

Flash sales are a marketing strategy where sellers lower prices (discounts) significantly or more than 40% but in a very limited time, usually only 2 to 3 hours. In implementing a flash sale strategy, sellers must have sufficient stock. In your opinion, is flash sales an effective way to increase sales?

 

[Starmix]

There is no doubt about it. I experienced it from my own eyes a flash sales for 3 hours at a mall in Venus City. I was there to shop bags, belts and shoes. I saw people flocked so suddenly and the paying counters were too busy. The flash sales were on kitchen utensils, dresses and pants all too attractive prices. After 3 hours all cleared and the new stocks were displayed back to the original prices.

 

[King Belieal]

The flash sales must be heavily publicised for it to increase sales because that short span might not have any impact.

 

[Springtime]

Flash sales is effective in increasing sales. I've seen cake shops, personal care stores doing flash sales. Their stores are full of people.

 

[Augusta]

Yes flash sales do help with do help a business grow. you would have the sales as a lot of people are always interested in flash sales

 

[Kross]

Flash sales are very effective when you want to clear out stock. They might not be really profitable but could help with under performing inventory.

 

[Stardom22]

I think it's a great way to push the sales of the slow moving products in a way. Most of the strategy is being used to clear sales.

 

[eLdavis]

Yes flash sales usually have a positive effective for the business owners. It's one of the strategies they use to attract more customers.