How to Learn Couponing

I have many savings tools in my frugal tool box, and couponing happens to be one of them. Couponing can be a hard work working tool in your frugal tool box. Using grocery coupons can be a great budget stretcher. Would you like to adventure off into the world of grocery couponing where consumers like yourself save a lot of money?

Couponing can be a lot of fun too whether you are doing it with someone or you are going solo. What an experience it is when you are at the register listening to every beep bringing down your total as your coupons are applied reducing the retail price of your goods. All of your time, effort, and hard work is paying off as they play your favorite beep song in subtraction mode.

Equipped only with the fundamentals you too can realize a great deal of savings. Couponing in the beginning is a lot of work, because your couponing skill is new and has not yet become habit. Learning couponing can pay off big however if you stay the course. For example, think about when you were learning to walk. It was easy but you stayed with it. How about when you learned how to cook, the amount of work it was in the beginning. But after you mastered the basics, you could almost cook in your sleep.

So you want to know how to get started grocery couponing? Couponing like any skill requires knowledge. Grocery couponing can be frustrating, and almost impossible if you don't equip yourself with the fundamentals first. Well the first step is to commit to the necessary work that will be required in learning how to grocery coupon.

No one whether they are extreme couponers or not, was born knowing. They paid a price to know what they know. Too many people think you shouldn't have to work at learning how to grocery coupon. They think perhaps that this is a skill that should come natural. Well if you clip out a grocery coupon now and then and that's the beginning and ending of you grocery couponing, then I guess that would come natural.

However, if you want to do some stretch your budget kind of couponing, you will need to acquire some knowledge to do that. You will need to know more than just how to operate a pair of scissors. After you have the basis under you belt, then is up to you how far you want to take this new skill. Just like with cooking or any other skill there is always something new with couponing. The more you learn the more you save. You decide how much you want to coupon. It's different for everyone.

In my book any savings is a plus. There is no one size fits all. You can also learn at you own pace as long as you continue the course. There is absolutely no need to jump in head first. You can enter the water gently. …

Smart E-Commerce: Learn How to Protect Your Company Against Coupon Abuse

Of course, an effective and easy way to attract new customers for a young venture or product is to offer special deals in the form of coupon codes. With the help of promoters and referrers, success can be guaranteed. But giving away promo codes has its own downside: when uncontrolled, chances are, someone will certainly find a loophole to abuse the promotion.

Promo abuse occurs when an individual – customer, vendor or a partner agency takes advantage of a promotion, unduly benefiting from a coupon multiple times, or perhaps, using them to earn money and other items or valuable services. Though quick boost in sales transaction is a good thing (especially if you're running short of matching a monthly target), the coupled abuse of promotion might eventually take its toll on your profit margin and decrease the trust of investors.

Forms of coupon fraud.

Based on actual business experiences, "creative" individuals have devised several ways to misuse and abuse promo coupons. For voucher codes distributed online with the intent of attracting new customers only, abusers have learned several workarounds. There are even numerous websites, blogs, and videos dedicated to teaching users how to work the system. Naturally, it's not a big deal if one of your users will take advantage of the code several times by creating 2 or 3 accounts with different email addresses. The real problem starts when company employees, affiliates or partners are the ones involved in the coupon profiteering. I will cover more fraudsters tactics in future articles, but here are a few examples of the most common types of coupon abuse:

– Referral payouts: refer-a-friend program is a great incentive to create fake accounts or post the referral code on social media. In the second case you at least increase your database, however, such practice increases your Customer Acquisition Cost (CAC); those users could sign up directly on your site.

– Cart abandonment voucher: customers already noticed, that each time they abandon the basket before finalizing the purchase, you send a retargeting campaign with a discount. Such a coupon incentivise to finish the purchase, but also to do it again when buying next time.

– Affiliate frauds: to increase their margin, affiliate networks, and agencies register each order as a new customer, using the voucher. Customer pays a full price, agency get's the discount value.

– Reselling own inventory: it's common in various marketplaces that sellers buy their own inventory using discounts, and .. put it back on sale. They earn a discount value, decreased by your margin. You earn, hmm, a fake KPIs.

– Generating fake orders: some vendors go even further, especially when they are the ones responsible for the logistics; They simply generate a fake order. Common in food delivery and car sharing services, a service provider – restaurant or the driver creates a discounted order, which in fact does not have to be delivered. Again, they earn a discount value decreased by your margin.

What can you do to prevent it? …

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