<p><font face="Poppins, sans-serif"><span style="font-size: 15px;">The most effective discount percentages vary depending on the product price and type:</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;"><br></span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">1. For products priced under $100:</span></font></p><p><span style="font-size: 15px;">- Use percentage-based discounts</span></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">- Most effective percentages:</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">- 50%: Generates the highest number of orders</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">- 20%: Strikes a balance between substantial savings and maintaining product value</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">- 33%: Offers a middle ground between 20% and 50%</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;"><br></span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">2. For products priced over $100:</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">- Use amount-off discounts (e.g., $20 off)</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;"><br></span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">3. General effectiveness:</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">- Percentage-based discounts outperform dollar-off offers about 70% of the time</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">- 15% discounts can drive the most conversions compared to higher percentages</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;"><br></span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">4. Considerations:</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">- A/B test different discount types and percentages for your specific audience</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">- Balance increased sales with potential impact on revenue and profits</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">- Lower discounts (20-30%) tend to drive higher engagement than higher discounts</span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;"><br></span></font></p><p><font face="Poppins, sans-serif"><span style="font-size: 15px;">Remember that the ideal discount percentage may vary based on your industry, product type, and&nbsp;</span></font><span style="font-size: 15px;">target audience. Continuously monitor and adjust your promotional strategy based on&nbsp;</span><span style="font-size: 15px;">performance data.</span></p>