Discounting is ‘a hard drug to come off,’ but retraining customers to shop full price is a must, brand leaders say
Culture Index
Score Breakdown
Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
8/15
Depth
4/15
5-Axis Cultural Radar
While for consumers, discounts are a welcome feature of the fourth quarter, they're a mixed bag for brands. Frequent heavy discounts, along with stiff competition from major retailers and marketplaces like Amazon, which can afford deep cuts, mean that brands who want to sell full price have an uphill battle.