Definition

1. Noun:
   • The business of selling merchandise at a reduced price: "Discount business" refers to the commercial activity or enterprise whose primary model is to sell goods for less than the standard or usual price.

Usage

• The term "discount business" is used to describe a specific type of retail or wholesale operation. It focuses on the commercial model itself, not a single transaction.
• It is often used in economic, business, and retail contexts to categorize companies or market segments.

Examples

• Noun:
  • The rise of online shopping has fueled the growth of the discount business.
  • They built a successful discount business by sourcing products directly from manufacturers.

Advanced Usage

• "to be in the discount business": to operate a company that sells goods at reduced prices.
  • After years in traditional retail, they decided to get into the discount business.

Variants and Related Words

• Discount retailer (n): A store or company that operates as a discount business.
  • That large warehouse is a major discount retailer.
• Discounting (n): The practice of reducing prices.
  • Aggressive discounting is common during holiday sales.

Synonyms

• Cut-price business: A commercial enterprise selling at lowered prices.
• Bargain business: A business focused on offering goods at a good value or low cost.

Related Phrases

• Discount model: The business strategy of selling at reduced prices.
  • Their entire discount model relies on high sales volume.
• Discount sector: The segment of the market comprised of discount businesses.
  • The discount sector is highly competitive.

Notes

• "Discount business" is a compound noun. The core concept is the type of business, with "discount" specifying its characteristic operating method.
• Do not confuse with a simple "discount" (a price reduction) or "to discount" (to reduce a price or disregard something). This term specifically denotes the commercial enterprise.

Noun

1. the business of selling merchandise at a discount