A discount for early payment is offered to companies that want to get a discount upon early payment. With the help of this offer, the company pays the discounted amount instead of the actual amount when it is capable of making the payment early.
What is the advantage of the early payment discount?
When a seller makes an offer of early payment discount, he renders many benefits with this offer. For example, an early payment offer instigates the customers to pay early so that they can avail the discount. The seller also finds it useful because this offer accelerates the cash flow.
What is offer a discount for early payment on products letter?
This letter serves as written communication between a company and its customers. In some cases, individuals selling their products also write this letter to buyers of their products. Through this letter, the seller lets the customer know about the discount offer that might be very useful for the customer.
What is the purpose of making the discount offer?
Every customer knows that not any offer can be too sweet. If the seller has offered some discount upon early payment on products, this must be very useful for him also. However, the customer has to see his benefits. The purpose of this letter is to make the customer know that the business has something great to offer. This enables the customer to think over the offer to make a wise decision. This offer can make the customers feel that you care for your customers and this is the reason, you are offering them a discount.
How to write a letter by offering a discount?
Most of the time, the customers discard this kind of discount offer when they receive it via letter or email, considering it spam. This happens when the offer letter is not written appropriately. So, if you don’t want your offer to get discarded by the customer, follow the tips given below for writing an effective piece of writing:
Mention the customer’s recent purchase:
You should talk about the product the customer has recently purchased from you. This way, the customer will realize that this discount offer letter has specifically been written for him.
Mention the discount offer:
Now, it is the right time for you to make an offer that you have written this letter for. It completely depends on your company that how much discount you are ready to offer. For example, if you want to offer a discount of 10% on the early payment, tell the customer that he will have to pay 10% less than the actual price if he makes the early payment within a specific number of days. You should also mention that under what conditions this discount offer will not be valid for the customer. This will prevent you and the customer from the dispute that may arise due to misunderstanding of any kind.
Ask the customer to avail of the offer:
You cannot force anyone to avail of the offer you have offered in the letter. However, you can tell the customer that it might be useful for him if he avails of this offer. At the end of the letter, provide your contact details so that your customer can contact you in case of any query.
Sample letter:
Date:
To:
Name of the customer:
Address of the customer:
Subject:
Respected sir,
Thank you for your recent purchase with our company. We would like to inform you that we offer a 10% discount on the early payment of products. To qualify for this tremendous offer, just try to make sure that your account is fully paid within 10 days after you have received the invoice. We would like to encourage you to avail of this offer. I hope that you will take advantage of this offer and send us your payment as soon as possible.
We hope that whatever you have purchased from us was satisfactory for you. In case you have any questions to ask, feel free to contact us on [X].
Respectfully yours,
Signatures of the business representative.
____________________
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