Which type of discount is applicable for limited-time promotions?

Study for the Industries CPQ Certification Exam with flashcards and multiple choice questions. Get ready for your exam with detailed explanations and practical insights!

Limited time special pricing is specifically designed for promotions that are available for a restricted period. This type of discount incentivizes customers to make a purchase within a specific timeframe, making it an effective strategy for driving sales and clearing inventory quickly. By creating urgency, limited time promotions can significantly boost customer engagement and sales volume within a designated period.

On the other hand, bulk purchase discounts typically reward customers for buying larger quantities of a product and are not inherently time-sensitive. Percentage discounts can apply to various types of pricing strategies but do not necessarily imply a limited promotion. Clearance pricing is aimed at selling off remaining stock at reduced prices, usually for seasonal or discontinued items, rather than being tied to a temporary promotional event. Thus, limited time special pricing is the most fitting option for this scenario.

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