Sign In
Not register? Register Now!
Essay Available:
You are here: HomeArticleLiterature & Language
1 page/≈275 words
4 Sources
Literature & Language
English (U.S.)
MS Word
Total cost:
$ 3.6

The Use Of Vouchers In Modern Day Business Research (Article Sample)



Many a times we have come across articles journals and other kind of media detailing abut voucher system and promo codes. It is really true and vague that you can save a lot of money using coupons. Many people have fancied using coupons but don't really know how to. The idea is really enticing but you should about it. It may seem an expert in this but let the truth be spoken. I haven’t personally used coupons but have known avid coupon users who brought stacks of coupons with them at a retail shopping up and retaining significant savings or more simply on discounted prices. Coupons were invented for two reasons to get people to try new products and help manufacturers offload aging inventory before going bad. So here comes the question, what are coupon are coupon websites. Coupon websites are essentially online advertising sites that use direct marketing to facilitate group buying deals. They develop large customer databases by collecting the name, contact details and location of each person who purchases them.
In this report, I am going first to talk about physical coupons to enhance the understanding of the reader.
As a consumer you can benefit from coupon offers in the following ways
(I) If you notice that some of the items you regularly purchase are put on sal after a fortnight you can plan on purchasing extra items at the discounted prices. This is especially for items which have long shelve lives. Some consumers are able to purchase surplus of these kinds of staple items using coupons to never pay full price again.
(II) You can use this particular time to get items you have ever imagined getting or even seen before. Some may jokingly say that experimentation is inexpensive if maybe you would have Been using your hard earned money on t full price of items you don't require. But you may be feeling to try something new then you ought to kept an eye on new items you would like to try on the occasion the is a coupon for them. You may visit the manufacturers websites to find if there coupons and how to get them.
(III) Some families have family diets for a long time and this may stand advance for them to have a change.
(III) You can track your savings by recording the coupons you use and how much money was taken off the price you pay for the items. This is a very difficult process but in few days time you will to compare the price for items without coupons to the price you paid with coupons to check if you really a saving money. On several occasions the coupons are only available after the prices of the items go up while on their occasions the coupons are made available so hardly that you buy items at higher prices just because you like them and keep anticipating to find coupons offers on them.
(IV) Coupons may help you buy emergency backup items that you would normally not purchase because of their price. Suppose the iMac tablet is out of stock, but you have a coupon for 200 dollars off a rival similar item? You can take the tablet and pay about the same or a better price if you be t rival's brand coupon.
And you may want to avoid these common mistakes while using coupons
1. Purchasing stuff you evidently not want or need. Although experimenting is a good notion, simply purchasing item because it is on sale or you have a coupon for it does not essentially mean you'll save.
2. Forgetting to check the dates on your coupons. Many of us ignore the fact that coupons expire. Just like other items, coupons have expiry limits as that be good for an year while others are only valid for weeks. It is always important for you to check coupon expiry dates before going to the stall or retail. Some shoppers may try to slip in a few expired coupons into the mix but electronic processing at the cashier makes the click null and void.
3. Buying more expensive when they are not in sale. One of the things amazing about coupons is that when the retail has put items on sale, thus getting extra savings. If out don't need the item right away and you know that it occasionally goes on sale, hold off on your coupons for as long as possible.
4. Ignoring to check your retail stores website. Many retailers offer a special coupon sections to their shoppers when they register on the retail store websites. You may be able to your coins electronically through an app in your phone which is downloadable from respective sites. Your retail's store may also alert you to special sales and deals that are only available o registered users. Many coupons no longer have to be presented in printed form as now you can use your mobile phone or email address at many stores.
5. Not using coupons when you buy items on clearance. It is possible that you could become a great couponer if you use clearance lists, but however this calls for patience, diligence and a bit of lack. Many a people walk away with a few clearance items that they got free or only a very small price because they had coupons for those products.
6. Not stacking coupons. You may have both a store coupon and a manufacturer coin for the same product. Ask the cashier if you can use them both when you stock up. Many retailers will allow you to use out of 3 or 4 different types of coupons on many purchases. They also may give you special store coupons if they are of stock of some items.
7. Buying more than the coupon limit. This has been observed to occur to many shoppers. It is good to note that some coupons and sales come with a preset list of items you can purchase at the special price. You reduce your savings when you buy too many items.
8. Buying less than the coupon limit. If you are allowed to apply a coupons discount to 3, 5 ,10 items, why not do so? It may be a long time before you can get that kind of savings again.
You have now known what physical coupon function and their usage. Now am going to talk about generic coupon websites detailing about. Sit and enjoy the tutorial.
How coupon websites work
1. An offer is advertised. As you know offers are mostly for a highly discounted good, service or event, thus the coupon process begins when the website launches a new offer from à business. The offer appears on the website, and is also emailed directly to subscribers in a daily newsletter. Some coupon sites also promote deals through other channels, such as television ads or social media. If a subscriber likes an offer, they click on a button they take them to an ad on the coupon website. The ad provides information such as the price of the coupon, the amount of the discount and saving, the time the buyers have to buy the coupon before the offer expires.
2. Customer purchase coupons. Buyers can click on a buy now button to buy the coupon immediately, using their credit card to pay the price of the coupon to the website. The website sets a limit number of buyers who must buy the coupon before a deal is activated. If not sufficient buyers buy a particular coupon, the offer lapses and those who have not undergone the buy now process are not named. Once the set number of buyers is reached, a message pops up on the website confirming that the deal is on.
3. Customers spread the word. If buyers like a deal, they'll surely promote it trough their own channels, and buy spreading it to their websites that feature the best coupon deals. Each coupon ad includes buttons that enables users to share the ad through social media such as snapchat, whatsapp and telegram. Many sites also give incentives to buyers who bring in friends.
4. Customers redeem their coupons. Buyers get their coupons via email, and can redeem than at the engaging business. The enterprise uses specific coupon numbers to keep track of each coupon redeemed, usually with the help of online tracking tools supplied by the website. Coupons mostly include an expiry date, and may have other conditions such as limited times if use, or a given number per customs.
5. The business gets its share. The website receives its share of the value of each coupon bought. They then give the business its share of the coupons bought cost. Elsewhere, some websites pay businesses pay the business a share of every coupon bought while others only pay a portion of each voucher that is redeemed. Payment period only depends on the site you are using. Some pay soon after a deal being finished while some pay after a long period.
Specialist sites
While most coupon websites provide goods from a broad spectrum of businesses, some websites specialise in coupons for a given category. Specialist sites include:
* fashion zoo,
* wine catch of the day,
* dealtronic,
* grocery run.
Aggregator sites: These bring together the best deals from many coupon websites.
Bargain sites
Bargain sites are a form of aggregator sites driven by purchasers. Customers choose deals from other websites and from businesses themselves and post them on bargain sites to share with others. Other customers then vote for a deal and the site ranks it specifically. A deal with large number of positive votes can force strong traffic to the deal owner's website or business. A deal with a high number of negative votes will in most cases pulled down. Also, members can post product and retailer reviews. Some bargain sites also let businesses post their own free ads, which are voted on just like deals posted by other customers.
Who uses coupon websites
(I) Purchasers who use coupon websites. Since the 21st century, co...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

Need a Custom Essay Written?
First time 15% Discount!