Does a business really need to attract customers with discounts when it already has quality products/services?

[King Belieal]

Businesses always give discounts to attract customers. But looking at it properly, is there any need for discounts to attract customers when a business has good quality products and services.

Is discounts really necessary for a business that has excellent excellence and quality?

 

[eLdavis]

They might not need to use discount to attract customers but it would be more as a way to appreciate customers.

 

[Trush Jodie]

There are some potential customers that might not even know that the quality of the products or services of the business are so great. The discount could be the attracting force for them to come discover the quality of the business.

 

[Stardom22]

Like the business is required to offer some discounts and price cuts from time to time for it to remain the best option for most people in the society. That not only adjust it's market share but builds its own brand for sure.

 

[Trush Jodie]

A business shouldn't do discount to attract customers. They won't ever get loyal customers when the customers came because of discounts.

 

[Nomad]

It depends on who your customers are, niche customers do not ask for discounts where as general customers are always looking for discounts.