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Difference between discount and rebate?

Answer Posted / gunjan rathi

Discount is a marketing promotional tool which is used to end the seasonal stock. It is always given on less than the listed price.It is a regular based activity.

Whereas rebate is a sales promotional tool which is given occasionally i.e., on Deepawali, on any other festival etc. It is generally used to increase our sale and to end the addtional stock.

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