What Does A Coupon Do?
In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product.
Do coupons actually save money?
Coupon users report an average of seven percent savings on their grocery bill with coupons. The typical family saves between $5.20 and $9.60 per week using coupons.
How do coupons attract customers?
A coupon can increase foot traffic and pickup/delivery orders for your store, which can lead to higher sales and revenue. Using coupons and free one-time-use offers, such as new mover offers, can help build customer loyalty, raise brand awareness and provide a quick infusion of cash for your business.
What is the purpose of a coupon?
A coupon will feature a specific savings amount or other special offers to persuade consumers to purchase specific goods or services or to purchase from specific retailers. Coupons have become an important and required part of retail. Customers are demanding them now from every retailer.