What is temporary price reduction in SAP IS-R-DM - Demand Management?

SAP Term: temporary price reduction

• Component: IS-R-DM

• Component Name: Demand Management

• Description: A promotion or price reduction that is not necessarily advertised in a printed advertisement or on an in-store display. A temporary price reduction is most often redeemed at the point of sale only on the presentation of a coupon from the product vendor or from the retailer's flyer.

Smart SAP Assistant

• Key Concepts: 
  Temporary price reduction is a feature of SAP IS-R-DM Demand Management that allows customers to receive discounts on goods and services for a limited period of time. This feature enables customers to take advantage of special offers and promotions, while also allowing businesses to increase sales and revenue. 
  
  How to use it: 
  To use the temporary price reduction feature, customers must first select the goods or services they wish to purchase. Once the selection is made, the customer can then enter the discount code or promotional code associated with the temporary price reduction. The discount will then be applied to the total cost of the purchase. 
  
  Tips & Tricks: 
  When using temporary price reductions, it is important to ensure that the discount code is entered correctly in order for it to be applied correctly. Additionally, it is important to note that some discounts may only be valid for a limited period of time, so customers should be sure to check the expiration date before making their purchase. 
  
  Related Information: 
  For more information about SAP IS-R-DM Demand Management and its features, please visit the official SAP website at www.sap.com. Additionally, there are many online resources available that provide detailed tutorials and guides on how to use this software.