Stock clearance and bulk buying
The other reason of the slashing down the prices heavily on some goods is to clear the stock. For instance if a website has bought mobile phones in bulk with some attractive offers from the manufacturers. Unfortunately that mobile model isn’t that successful in the market as anticipated, then instead of cornering into loss the ecommerce websites will sell the products for breakeven price which would be 50% - 60% of the actual price.
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The other reason of the slashing down the prices heavily on some goods is to clear the stock. For instance if a website has bought mobile phones in bulk with some attractive offers from the manufacturers. Unfortunately that mobile model isn’t that successful in the market as anticipated, then instead of cornering into loss the ecommerce websites will sell the products for breakeven price which would be 50% - 60% of the actual price.