{"id":2697,"date":"2020-03-16T11:10:35","date_gmt":"2020-03-16T05:40:35","guid":{"rendered":"https:\/\/rzpwp.blog\/?p=2697"},"modified":"2025-05-26T09:47:43","modified_gmt":"2025-05-26T04:17:43","slug":"business-offers-types-create","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-offers-types-create\/","title":{"rendered":"Scale Your Business by Creating Offers with Razorpay"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">It has become a habit for consumers today to try and add vouchers when they order food or other items from websites and apps. It\u2019s also common for them to add additional items to their carts to avail discounts on purchases over a certain threshold.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The power of \u2018offers\u2019 is very evident in the present-day market and businesses from all verticals are directly or indirectly benefiting from it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read this article to know more about offers and how you can create and run them to <a href=\"https:\/\/razorpay.com\/learn\/how-to-scale-and-grow-your-ecommerce-business\/\">scale your business<\/a>.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What is an offer?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">An offer is an incentive you provide to a visitor or customer to make a purchase decision on your website or app. An offer can be in terms of discounts, free trials, <a href=\"https:\/\/razorpay.com\/learn\/free-shipping-meaning\/\">free shipping<\/a>, free additional products, etc.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Offers, in general, are one of the best ways to invite customers on your platform and to <a href=\"https:\/\/razorpay.com\/learn\/beginners-guide-to-customer-retention-strategies-that-work\/\" target=\"_blank\" rel=\"noopener noreferrer\">retain<\/a> the existing ones.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Why should businesses run offers?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Entrepreneurs running a business understand the importance of getting customer data. Furthermore, they know that the key to increasing the lifetime value of an existing customer is by gratifying them at certain points and getting them hooked to your product or service.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Having a lucrative offer in place does wonders on all of these fronts. Here are a few points to support this:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">By gratifying the user with a quality offer, you can get more data. A potential customer won\u2019t mind sharing their contact number or their company name if you have something good to share\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Running a high-value offer for a limited period of time will help you attract more customers in a short span of time, hence assisting you to leverage your business&#8217;s growth\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For the latter part, to increase the lifetime value of your customer, planning the right offer at the right time can help businesses meet their targets. Here\u2019s how:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">By running a sale during a festive period when customers are on the lookout for the best price, you can hit two birds with one stone: clear your existing stock and get more eyeballs to your business<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Gratifying the right set of people when they achieve a milestone like completing a year with your business ensures that the customer stays with you for longer<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">What are the different <a href=\"https:\/\/razorpay.com\/blog\/business-offers-types-create\/\">types of offers<\/a>?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Most of the existing offers in the market are self-explanatory by their names. Here\u2019s a list of the most popular offers:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Discounts on MRP<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Certain amounts off on purchases over a threshold<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Buy one get one free<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">One-month free trial<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Free vouchers<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Free credits\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Cashback offers<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Free resources (white papers, ebooks, reports etc)<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">How you can run offers on Razorpay<\/span><\/h2>\n<p>With Razorpay, you can run offers by providing:<\/p>\n<ul>\n<li>Instant discounts<\/li>\n<li>Cashbacks<\/li>\n<li>No-cost EMIs<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Now that you know the prerequisites of offers and how they can help you scale your business, it\u2019s time you know how you can run an offer right from the Razorpay dashboard.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can create, run and track an offer and its performance right from the Razorpay dashboard. Follow these simple steps to get started:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Login to your Razorpay dashboard and navigate to the \u2018Offers\u2019 tab and click on \u2018Create New Offer\u2019 on the top right corner<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-2699\" src=\"http:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-one-1024x561.png\" alt=\"\" width=\"1024\" height=\"561\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-one-1024x561.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-one-300x164.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-one-768x420.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-one-1536x841.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-one.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fill in the required details\u00a0<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2700\" src=\"http:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-two.png\" alt=\"\" width=\"512\" height=\"402\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-two.png 512w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-two-300x236.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-two-87x67.png 87w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<p><b>Please note: <\/b><span style=\"font-weight: 400;\">The offer name is for the creator to keep a track of all the offers. It is for internal use only. Display text is the text that your customer (end-user) will see during checkout.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Under \u2018Offer Type\u2019, choose from the below-mentioned types depending on your requirement<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2701\" src=\"http:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-three.png\" alt=\"\" width=\"512\" height=\"402\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-three.png 512w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-three-300x236.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-three-87x67.png 87w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Instant: Offer will be applied as soon as a user selects it<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Cashback will be provided by the cashback provider as per the terms and conditions agreed with the creator<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Already Discounted is to be used by the creator to keep a track of already discounted items<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Enter relevant details under the \u2018Discount Type\u2019 menu<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-2703\" src=\"http:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-four-1024x803.png\" alt=\"\" width=\"1024\" height=\"803\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-four-1024x803.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-four-300x235.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-four-768x602.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-four-1536x1205.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-four-87x67.png 87w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-four.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Choose where you want to run your offer: <a href=\"https:\/\/razorpay.com\/blog\/different-types-of-payment-methods\/\">payment method<\/a>, card type, bank, network, limit on card usage and so on<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-2704\" src=\"http:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-five-1024x801.png\" alt=\"\" width=\"1024\" height=\"801\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-five-1024x801.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-five-300x235.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-five-768x600.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-five-1536x1201.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-five-87x67.png 87w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-five.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Set the offer validity as per the dates you want to run the offer on<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-2706\" src=\"http:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-six-1024x804.png\" alt=\"\" width=\"1024\" height=\"804\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-six-1024x804.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-six-300x236.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-six-768x603.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-six-1536x1207.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-six-87x67.png 87w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-six.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Check the offer overview and agree to the terms &amp; conditions\u00a0 before you make your offer live<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-2707\" src=\"http:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-seven-1024x801.png\" alt=\"\" width=\"1024\" height=\"801\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-seven-1024x801.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-seven-300x235.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-seven-768x600.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-seven-1536x1201.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-seven-87x67.png 87w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-seven.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">You can track the offer by logging into your dashboard anytime<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2708\" src=\"http:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-eight.png\" alt=\"\" width=\"512\" height=\"280\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-eight.png 512w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/03\/razorpay-offers-eight-300x164.png 300w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<h2><span style=\"font-weight: 400;\">In conclusion\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There you have it! An offer is basically a type of high-quality incentive that can help you make the best of your business from time to time. What are you waiting for? <a href=\"https:\/\/dashboard.razorpay.com\/#\/access\/signup\" target=\"_blank\" rel=\"noopener noreferrer\">Sign up on Razorpay<\/a> and get started by creating your offers now!\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Offers are a great way for businesses to scale their business from time to time. With Razorpay, you can create offers &#038; use them to increase your sales.<\/p>\n","protected":false},"author":38,"featured_media":16529,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[26],"tags":[43],"class_list":{"0":"post-2697","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-payments","8":"tag-online-commerce"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/2697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=2697"}],"version-history":[{"count":5,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/2697\/revisions"}],"predecessor-version":[{"id":22834,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/2697\/revisions\/22834"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/16529"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=2697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=2697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=2697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}