The Quantity Discount Module enables the store owner to define custom discounts that are automatically applied when a customer buys a certain quantity of a product. For instance, a discount might be applied when a customer purchases five or more of the same item, making it attractive for customers to buy in bulk. This module is particularly helpful for stores dealing in B2B sales, wholesale, or customers who prefer stocking up on specific items. 

It enables sellers to set discount rules based on varying quantities, such as: 

• Buy 5-10 units and receive a 5% discount. 
• Buy 11-20 units and get 10% off.
• Buy 21+ units and get 15% off. 

Features of Quantity Discount Module

Some of the main features that enhance the functionality and usability of the module include:

• Flexible Discount Tiers: Introduce the flexibility of creating as many tiers of discounts on each product as desired. Enable discount percentages or fixed amounts varying according to the ranges of the quantity.
• Category-Based Discounts: Designate quantity discounts according to categories in which products are placed, where a customer will get a discount if they buy multiple items from one category.
• User Group-Based Discounts: Offer special discounts for the special customers, such as wholesalers and VIP customers.
• Bulk Discount Scheduling: Set start and end dates for discounts, enabling seasonal or promotional discounts that automatically start and end on specific dates.
• Dynamic Pricing Display: This is a display of the dynamic price of the discount given on the product page so the customer can see the discount in real time as it changes the quantity. 
• Minimum Quantity Enforcement: The possibility of enforcing minimum quantities so that discounts are applied only upon attainment of specific purchasing thresholds
• Multi-Currency Support: Enabling the application of discounts irrespective of the currency that a customer uses, making the add-on suitable for multinational store operations 
• Compatibility with Tax Settings: whether a discount is applied before or after tax, ensuring its applicability in line with tax policies adopted by the stores.
• Stackable with Other Discounts and Coupons: Decide whether to allow quantity discounts to stack with other discounts, including coupons or seasonal sales.

Benefits of Quantity Discount Module

This module offers several benefits to both the store owner and the customers: 

• Increased Sales Volume: Its encouragement would lead to customers buying more items for the discount they are getting, hence higher order values and more significant sales volumes. 
• Inventory Management: Ideal for clearing excess inventory by setting up discounts on overstocked items, freeing up warehouse space.
• Enhanced Customer Loyalty: Volume discounts can encourage repeat purchases as customers feel they’re getting better value with larger orders.
• Competitive Advantage: Allows online stores to compete with larger e-commerce players by offering appealing volume-based deals that customers look for.
• Improved Profit Margins: While offering discounts may reduce per-item profit, the increase in volume can improve overall profitability through higher sales.
• Smooth Shopping Experience: Real-time discount calculations and display make it easier for customers to make purchasing decisions based on clear, upfront pricing information.
• Greater Price Control: Enables store owners to create custom discount structures that align with business goals, market demand, and sales strategies.