Discounts, saving money, and sales are quite alluring terms that make the public go crazy rather than grazy. Very few people can comprehend the true meaning of discounts and couponing. Others are just running in the rat race.
Couponing is ideally a way through which you can save your money. But what’s the reality?
Couponing is the way of availing discounts and deals by grabbing physical or online coupons from newspapers, magazines, emails, SMS, and websites. Couponing can be a whirlpool that may lead to being more hurtful than otherwise.
Do businesses really want to save customers money?
Many people complain of not being able to save despite purchasing things at discounts. They say they collect every coupon and make sure they get a good bargain.
Let’s understand this game.
Businesses are there to make profits, and they would never want to run in losses by giving coupons and discounts. The dynamics behind this marketing tactic is that they overstate the prices of products and then offer coupons. Customers get duped into believing that they are getting a good bargain when that is not the case.
It’s not that businesses never want their customers to save money. Couponing has many benefits for businesses as well. It increases their value and word-of-mouth marketing. Thus sometimes, businesses are interested in serving their customers. But not at the risk of their revenues.
What should you do to make the best out of couponing?
The most overlooked fact about couponing is that they tempt people to spend more! People usually enter the store with a list of things in mind. As soon as they catch the sight of these mind-boggling coupons, they end up buying things that they don’t even need.
Businesses keep a record to track customer purchases. When they find that the customer has not made any recent purchase in the last 2-3 months., they send personalized coupons to allure them. And what happens? The people end up visiting the store even when they don’t need anything.
What’s the use of a saving technique that makes you spend much more?
To make the most out of the coupons, pay heed to the only ones that are available on the items you need. Don’t get fascinated by the emails or fall for your spam emails that offer great deals.
Have you ever come across those irritating advertisements that play on loop on the television. Every time you open them, they’ll claim to be running out of the deal or stock. People generally fall for such traps and give a miscall on their numbers to grab the deal.
But did you dare to wonder that these programs are being telecast incessantly? You must have got it licked by now.
Stick to the budget to plan your savings. Prepare a list of items that you are going to spend this month. Keep some amount aside to be used in times of emergency. Give yourself targets. Start with a meager amount of savings and slowly plan to save more in the consequent months. Keep an annual target of savings. See if you could stick to it.
Buy coupons from genuine sites. They have developed their own algorithms to allow customers to save more. The page is very convenient to use. You can simply visit their site and click the coupons from various trustable brands. Their dedicated teams verify all the coupons and update new coupons regularly.
Can couponing be fruitful?
Couponing can definitely save you money ONLY IF you spend on the items you are in dire need of. It’s as simple as black and white. Suppose you need to purchase a Television set. According to your survey, the average price of that television is $300. You surveyed the coupons on sites like Couponxoo and got genuine deals through which you were able to save around 20% on your purchase.
Now, if you just received emails from a random site claiming to offer you bumper savings on your purchase of $50. You didn’t need that product but ended up visiting the store and paying extra dollars.
Now we leave it to you to decide, in which case was couponing beneficial?
Never purchase a product just because it is on sale. Inspect its quality as cheap products available on discounts can be of third class quality, and you might spend more on their service and repairs.
Never purchase food items from unknown brands just because they are offering coupons. Sometimes, such deals can do more harm as their food quality is not verified.
Don’t exceed your budget to buy things that you don’t need. Please stick to the pre-planned items and look for discounts and coupons on them from sites like Couponxoo.
See also: 7 Tips for Low Budget Shopping