Stephanie Fierman - Marketing Observations Grown Daily

Stephanie Fierman Is A Little Coupon Crazy

Monday April 20th 2009, 7:45 pm
Filed under: blogs,branding,Internet,loyalty marketing,market research,retail,US economy,women online,word of mouth

There have been several articles recently pointing to the rise in both offline and online coupon use. While consumers 65+ are more likely to use newspaper coupons and younger individuals prefer online coupons, there’s no real news here given that these stats will change over time as newspapers become less available and older consumers become more and more comfortable on the Web.

In the meantime, don’t leave home – or buy online – without it!

I’ve become accustomed to checking online for coupons and promotion codes prior to making either a store or Web purchase. There is an art to this and, once you get the hang of it, you’ll become savvier about what sites are likely to bear fruit and which will not.

There are four general categories of sites I’d recommend you consider:

1. Aggregators – these are sites whose sole purpose in life is to offer coupons and “promo codes” from many retailers, typically across multiple industries. Some examples would include:

Coupons.com: the best-known source for printable online coupons
RetailMeNot
UltimateCoupons
DealCatcher
CouponCabin
CoolSavings
CouponCraze
CouponMountain
FatWallet
DealofDay
CouponNerds

2. Industry-specific couponing/deal sites:

Rental cars: RentalCarMomma
Grocery: CouponMom, GroceryCoupons, TheGroceryGame
Hotels: Roomsaver, HotelCoupons
Computers, peripherals and accessories: TechBargains
Restaurants: Restaurant.com,

3. Clubs and affiliations that may offer codes and deals:

WorkingAdvantage, StudentAdvantage and VeteransAdvantage
Alumni clubs (check yours)
Bulk buying clubs such as BJ’s Wholesale Club and Costco
www.entertainment.com (Yes, the old Entertainment Books still exists…)
AARP (American Association of Retired Persons)
AAA (American Automobile Association)

4. Forums - some activities tend to make people want to vent (like having to take your shoes off at the airport…), and folks on these sites love to let others in on a deal:

Airline travel, rental cars and hotels: FlyerTalk, WebFlyer, FlyerGuide, MileageManager
General shopping (usually bricks and mortar stores): ShoppingForum

If you’re set on a particular brand, it only takes a second to check out that company’s own site, too. KFC, for example, has a pre-set button on its home page pointing visitors to printable coupons. I’m actually surprised that more brands don’t take advantage of this simple way to build a solid customer database. If a consumer is a fan, he will part with valuable demo and psychographic information in exchange for a steady stream of deals delivered by email.

And as a final tip: consider opening a brand new email account exclusively for your interactions with coupon and promotional sites. You’ll be able to see all your coupon- and deal-related email in one place without clogging your own email inbox.

So start looking for coupons online and, pretty soon, you too will understand the nirvana of “stackable codes…”