This article applies to selling in: Singapore

How to set up efficient budgets

An efficient budget covers the cost of the customer demand that your voucher generates, for the duration that you set. For example, if a product is selling an average of 20 units per day without a voucher, and you want to run a S$5 off voucher for 10 days for this product, the minimum budget you set should be: (number of days x number of average daily units) x (discount amount + redemption fee which is S$0.00). In this example (10 x 20) x (5.00). S$1,000 should be your minimum budget.

Avoid creating low budgets (less than S$500) for deep discount vouchers such as 80% off or S$35 off. Low budgets for high discounts will cause your budget to expire rapidly in a couple of hours. As a result, only a handful of customers will be able to see and interact with your voucher.

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