How to Set Max Discount Value for WooCommerce Coupon
Setting a maximum discount value for WooCommerce coupons is crucial for several reasons:
1. Protects Profit Margins: It ensures that discounts don’t cut too deeply into your profits, especially on high-value orders. Without a cap, a percentage-based discount can lead to substantial losses.
2. Prevents Abuse: Customers could exploit coupons on bulk purchases or expensive items, leading to unexpectedly large discounts. A maximum limit prevents such misuse.
3. Controls Discount Costs: It helps manage the overall cost of promotions by setting a clear boundary on the maximum discount amount you’re willing to offer.
4. Maintains Brand Value: Excessive discounts can devalue your brand in customers’ eyes. A cap ensures promotions are attractive without undermining your product’s perceived worth.
By setting a maximum discount value, you strike a balance between incentivizing customers and safeguarding your business's financial health.
Smart Coupons for WooCommerce - https://www.webtoffee.com/product/sma...
Other possibilities of BOGO -
Repeated BOGO deals, Buy 1 Get 2, Buy 2 Get 4, Buy 3 Get 6 ..
Buy X Get Y at 50% off
Buy X Get a free product from the same category
Convert the cheapest product in the cart as giveaway.
Give free products on purchasing from selected categories.
and much more…
The plugin allows setting up following discounts types: -
1. BOGO (Buy X Get X/Y)
2. Seasonal Discounts
3. Abandoned Cart Discounts
4. Sign up Coupons
5. Store Credits and Gift Cards
6. First-Order or nth Order Coupons
7. User role or Country-based Discounts
8. and more.
The advanced functionalities of the plugin include:
1. Import Coupons
2. Bulk Generate Coupons
3. Duplicate Coupons
4. Customize Coupon messages
5. Setup coupon banner
6. and more.
Documentation: https://www.webtoffee.com/setup-smart...
Overview of the video:
00:00 - Introduction
00:18 - Why set a maximum discount value
00:40 - Setting up a maximum discount value
02:09 - Coupon demo
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