"Buy one, get one free" or "two for the price of one" is a common form of sales promotion. The price of "one" is somewhat nominal and is typically raised when used as part of a buy one get one free deal. Whilst the cost per item is proportionately cheaper than if bought on its own, it is not actually half price.
Just so, why buy one get one free is not a great deal?
But often, it's simply not as good a deal as it appears. BOGO is in fact so appealing that it's hard for consumers to see it for what it is. Buying more than one item means consumers spend more money than they intended, not less. So BOGO deals can be fantastic if you're looking to buy in bulk and stretch your dollar.
Subsequently, question is, how does a BOGO sale work?
If they run a standard 50%-off sale, they make a $30 profit ($50 – $20). With a BOGO, they offload two products instead of one and walk away with the same profit per pair. The math is simple: What you're really getting with a BOGO deal is a 50% discount off of the manufacturer's suggested retail price (MSRP).
What does Bogo free mean at CVS?
A: Yes Two coupons may be used on a Buy One, Get One Free promotion as long as it does not exceed the item total. Q: Can I Use a BOGO FREE Coupon with a BOGO FREE Promotion? A: Yes, You can use a buy one, get one free coupon to purchase an item that is also buy one, get one resulting in both items free!
Do discounts increase sales?
Increase Sales Across the Board With increased traffic typically comes increased sales – and not only the discounted items. Because the discounts attract more people, you have more potential buyers for other items in your store, as most people will look around to see what you offer before making a purchase.