Every holiday season, the same thing happens. Bold displays fill shopping centres. Inboxes overflow with subject lines screaming 20% off, 30% off, 50% off. Pop-ups follow you across websites. SMS messages promise “exclusive” deals. It’s exhausting. And it raises an uncomfortable question: are these offers driving sustainable growth, or simply training customers to wait for the next discount? For brands, particularly retailers, that care about long-term equity, loyalty, and