hinnalangus
Hinnalangus is a Finnish term that refers to a reduction in the price of goods or services. In business practice, hinnalangus is used to stimulate demand, clear inventory, respond to competitive pressure, or align prices with changing market conditions. It is commonly described in English as a price cut, discount, or markdown.
Common forms of hinnalangus include direct percentage or amount discounts off the list price, temporary promotional
Causes of hinnalangus include excess inventory, weak or seasonal demand, competitive pricing, supplier changes, changes in
Effects of hinnalangus on a market include increased sales volume and faster turnover of stock, potential improvements
Implementing hinnalangus requires careful planning and communication. Clear terms, truthful advertising, and consistent pricing practices help