What Discounts Actually Make People Buy (Study)

Discover how discount strategies impact buyer behavior and learn what drives conversions for big brands versus small ones.

Cara Marin from Seguno analyzed 162,000 discount code sets to reveal what actually drives conversions. The shocking truth? Big brands discount MORE than small ones—they just do it smarter with unique, targeted codes.

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Key Insights:

  1. The 20% Rule: Most popular discount amount across all successful stores (10% is surprisingly close second)
  2. Plus Stores Discount 2X More: Merchants doing $20M+ use discounts at twice the rate of smaller stores
  3. Gift With Purchase Gap: Used 6X more often by large brands vs. small (massive missed opportunity)
  4. The Three Essential Automations: Welcome offers, post-purchase, and win-back campaigns
  5. Unique Codes Prevent Erosion: Stop training customers to wait for sales by using targeted, one-time codes
  6. Customer Service Recovery: Turn angry customers into advocates with personalized service codes
  7. Industry Matters: Fashion/apparel averages 20% off, electronics can get away with 10%

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The Unofficial Shopify Podcast is hosted by Kurt Elster and explores the stories behind successful Shopify stores. Get actionable insights, practical strategies, and proven tactics from entrepreneurs who've built thriving ecommerce businesses.