Frequently Asked Questions
Member Account : Discounts / Promotions
Discounts and Promotions - What discounts are available? How are they applied?
From time to time, we offer special discounts to help our members. Each discount gets applied individually towards the current balance on any new product (minus any previous discount).
Our discount program varies at any given time and will apply automatically to your account if you login and qualify for the discounts. To check your qualifications, please visit the Member Account area and login. If there is a new discount we have created and you might qualify for it, we will let you know what you have to do.
Once logged in, you will see any discounts that will apply towards your next purchase. You might have multiple discounts in your account at any given time. It is important to know and understand that the discount percentages don't just simply add together. Each discount gets applied individually in descending order in subsequent steps towards the current balance (any previous discounts already reducing the balance).
For example, say you have the following discounts in your account:
15% - Company Admin Discount
10% - Special Promotion
10% - Professional Listing Discount
Those 3 discounts are not actually equivalent to a 35% discount.
Let's look at an example:
- Starting Balance = $100
- 15% Discount (.15 * $100 = $15) : Current Balance is $100 - $15 = $85
- 10% Discount (.10 * $85 = $8.50) : Current Balance is $85 - $8.50 = $76.50
- 10% Discount (.10 * $76.50 = $7.65) : Current Balance is $76.50 - $7.65 = $68.85
- Final Balance = $68.85 (which is a 31.15% Discount)
To figure out your actual discount percentage, you can use this formula:
for 2 discounts...
Total Discount = 1 - [ (1 - Discount / 100) * (1 - Discount / 100) ]
for 3 discounts...
Total Discount = 1 - [ (1 - Discount / 100) * (1 - Discount / 100) * (1 - Discount / 100) ]
for more than 3 discounts, you can continue the (1-Discount/100) for each discount.
So for our example, the formula would be:
|Total Discount||= 1 - [ (1 - Discount / 100) * (1 - Discount / 100) * (1 - Discount / 100) ] |
= 1 - [ (1 - 15 / 100) * (1 - 10 / 100) * (1 - 10 / 100) ]
= 1 - [ (.85) * (.90) * (.90) ]
= 1 - [.6885]
= 31.15% Discount
Your discounts will be applied before any additional processing (referral codes, tax, shipping, LADD, etc).