Don’t Discount Using Coupons to Attract Business
Posted June 28th, 2010 by ybo
Coupons are a hot commodity in today’s economy. In fact, a new study shows that 72% of consumers are using more coupons than they did just six months ago.1 Thanks to the recession, coupon redemption grew by 27% in 20092 as consumers reviewed their finances and adopted a new, more frugal approach to shopping. Now 89% of people surveyed said they use coupons when shopping.3 Retailers across the spectrum from Target® to Neiman Marcus® are using coupons to lure in prospective consumers. Even Yahoo® Inc. reported the term “coupons” ranked first on its list of economy-related searches last year. And with the economy slow to recover, the power of the mighty little coupon doesn’t look to be weakening anytime soon.




