They work best when you have a very inexpensive product where you can still make a profit by doubling your MSRP then selling for "80% off". Doesn't do wonders f

They work best when you have a very inexpensive product where you can still make a profit by doubling your MSRP then selling for "80% off". Doesn't do wonders for your brand though, which is part of why the company I work for which has been doing this for the better part of a decade is trying to move away from the model.