Why Should You Advertise with Coupons?
Because the number of ads we are exposed to everyday, consumers have learned to filter out media that they think may be ads. For example, banner ads on websites, billboards along freeways, television ads and radio ads.
Marketers have to work exceptionally hard to get shoppers' attention, and with technology like Tivo that lets people completely avoid unwanted ads, this may not matter anyway.
A different approach is to give something to shoppers. People like free stuff, bargains and special deals. They are more likely to pay attention when they feel "something is in it for them". That is where coupons come in. Because they can be used in so many different ways, they are cheap to create and can be tracked by the business owner, they offer a great alternative to giving away free gifts or holding a giveaway or contest.
Here's a blog post that explains more: Quit Bothering People with Your Ads
Marketers have to work exceptionally hard to get shoppers' attention, and with technology like Tivo that lets people completely avoid unwanted ads, this may not matter anyway.
A different approach is to give something to shoppers. People like free stuff, bargains and special deals. They are more likely to pay attention when they feel "something is in it for them". That is where coupons come in. Because they can be used in so many different ways, they are cheap to create and can be tracked by the business owner, they offer a great alternative to giving away free gifts or holding a giveaway or contest.
Here's a blog post that explains more: Quit Bothering People with Your Ads
How to Advertise with Coupons
(and make your own coupons)
Advertisers can use coupons in virtually any marketing medium: print, internet, radio, TV, etc.. They can be sent through the mail, printed off a website, clipped out of a magazine or even handed out in person. A physical coupon is not even needed for some discounts which require only a coupon code.Coupons can be a simple and effective way to get a prospect's attention, but before you design your coupons you want to consider your market. The best type of coupon to use will depend on the product or service you are selling and your specific target market who you are selling to. For example, hair care and makeup products often advertise coupons in women's beauty magazines, restaurants advertise locally through direct mail and companies with a large email list commonly email coupons to their subscribers.
Coupons should contain all necessary instructions on how the customer can receive the discount. This includes:
- Name of business offering the coupon
- What product or service is being offered
- Amount or percentage of discount
- Location for redemption (website, store, etc..)
- Coupon expiration date
- Coupon code (if applicable)
- Any coupon restrictions
Some promotions are more effective when the coupon briefly describes the value of the offer, or what the customer will receive and why he or she should take advantage of the offer. Think about how clear your offer is, and if you need to explain your coupon in greater detail.
You can buy software or design your own coupons from scratch, but now there are cheap and easy to use coupon makers and templates online that can quickly create these vouchers for print or websites for you.
How to Offer Coupons from an Online Store
(and save money)
These coupon making features make it easy to incorporate a sale into a website with minimal work. Website owners can generate their own coupon codes and even test different promotions to see where they are getting the best results.
That said, Online Store Builders are useful in creating a web-based store, but they also can help business owners manage their shops everyday. Some online store platforms cost less than $30 a month and actually enable webmasters to operate a small business on the internet without hiring extra employees. Besides the website-building and coupons-making features, more automated tools sometimes include an iPhone app, credit card merchant account, customer traffic reports and more.
How to Advertise in Coupon Directories
help shoppers find your coupons more easily
In addition to advertising your coupons to visitors on your own website, you can gain more exposure by posting them in coupon directories as well. (Or if you don't have a website, you can use the coupon directories exclusively.) People visit these sites looking for deals specifically, so it can be an effective way to reach your target market without spending a lot of money. Many coupon directories receive lots of visitors, but listing your coupon takes very little work on your part.
Pocketcents.com, for example, offers a local marketing program in a pay-per-click format. Advertisers get to decide how much they want to spend, and the program lets visitors print coupons directly from them website. Retail Me Not, Deal On and Cool Savings are other popular coupon directories that receive significant traffic and are easy to use.
See also Mobile Phone Coupon Advertising
Pocketcents.com, for example, offers a local marketing program in a pay-per-click format. Advertisers get to decide how much they want to spend, and the program lets visitors print coupons directly from them website. Retail Me Not, Deal On and Cool Savings are other popular coupon directories that receive significant traffic and are easy to use.
See also Mobile Phone Coupon Advertising
Advertise Coupons on Free Business Cards
Because business cards don't have an expiration date, it's important to include the coupon's expiration date on the back of the business card or advertise a special offer for "first time customers". To test different offers, you can print business cards that contain different coupons. Printing companies like VistaPrint will let you design your own business cards with print on the reverse side of the card.
To save money, coupon offers can also be printed on the front of the card, but be sure to keep the design clutter-free. Free Business Cards. You can also get free logos at LogoInstant.com.
Software for Making Print Coupons
How to Start a Coupon Business
(another way to generate income with coupons)
In today's online world, there are group buying site online that essentially offer a short-term high-discount coupon for customers in groups. Companies like Groupon and Living Social are attracting lots of customers and also businesses who want to sell through them.
Because of the growing popularity of this form of marketing, entrepreneurs are looking to start their own daily deal sites. Now there are platforms that enable you to do this, like GetSocio and Group Buying Site. For very little cost, entrepreneurs can have their own daily deal site in days - even using a Wordpress Blog.
Read more: How to Start a Coupon Business
This UpMarket page written by
homebusiness
Sue Barrett is the Director of Business Solutions at Home Business Center, Inc. and Founder of The New Business Idea Blog. When she's not helping people... more »
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