Don’t Discount Using Coupons to Attract Business

discountcoupons

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.

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Customer Rewards That Get Results

Real Life Marketing

Customers love freebies. And those freebies tend to keep people coming back to your business. That’s why a rewards program can work in your favor, whether you offer a “buy 10 sandwiches, get one free” deal, send $10-off coupons to customers after they spend a certain amount or provide a 10 percent off pre-purchase discount. Read more…

Filed under:Marketing