Coupons are an offer to customers to buy a product at a
reduced price by presenting the coupon at the time of
purchase.
Coupons can be offered to reduce the price by a certain
amount (i.e. $0.75 or )Coupons can be issued electronically
or in a hard copy format (paper).
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You can issue coupons for specific products or for any
product or service you offer.
The preferred method is to issue coupons for specific
product.
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Coupons are usually offered for low cost products and
services such as groceries, toiletries, cosmetics, games,
spa treatment, etc.
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You can also issue coupons with a specific expiration date.
You can target holidays by setting the coupon to
expire on certain holidays.
You can use it to entice loyal customers to make
future purchases by giving them coupons that expire ont heir
birthdays.
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Coupons can be distributed to customers by givnig them out
at your retail location (if you have one); placing them in
newspapers; magazines; placing them in other products (that
are selling well); direct mail to customers; on the product;
at the point of sale where ever your product is sold, etc.
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You can also use websites that specialize in offering
coupons such as:
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Coupons.com
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Inmar -
Intelligent Clearing Network (ICN) -
Phoenix Global Data -
RetailMeNot -
Swirl
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