A clearance sale is a special retail sale often conducted to completely eliminate a particular type or brand of product from inventory, frequently offered at significantly reduced prices.
Cross merchandising refers to the practice of displaying items from different product categories together in order to drive additional sales and enhance the overall shopping experience.
Leader pricing is a strategic reduction in the price of a high-demand product to attract customers to a retail store or to stimulate a direct-mail purchase, potentially inspiring additional full-price purchases. Also known as loss leader pricing.
