There are several reasons why entrepreneurs might use limited time offers:
Increase Sales: Creating a sense of urgency can lead to a spike in sales as customers rush to take advantage of the deal. Clear Inventory: If you have excess stock, a limited time offer can help you move products quickly. Attract New Customers: New customers might be attracted by the special offer and could become repeat buyers. Boost Brand Awareness: Special promotions often get shared on social media, increasing your brand's visibility.