MPV - Fundraising and Advertising

MPV - Fundraising and Advertising
Fundraising Ideas in Australia

Thursday 16 October 2014

Top 5 Common Mistakes in Using Discount Coupons


A lot of people are using discount coupons in buying their groceries or availing products and services. With skyrocketing prices due to inflation and blowing up of the economy, people are forced to be on a tight budget. Discount coupons gained attention and favor from consumers because of the savings that it delivers to buyers when buying their monthly groceries.
Moreover, everyone loves discounts. People like getting things at a cheaper price. Discount coupons help people achieve that by slashing some dollars off the original price. Some people think that their buying capacity is increased with the aid of a discount coupon.
One of the common errors of people using coupons is printing them online that they do not need or will never use. A great reminder to discount lovers is to be wise in using discount coupons and only avail the promos that you need when necessary. Below are the top 5 common mistakes that people make when using discount vouchers.
  1. Using discount coupons on full-priced products.
Using discount coupons on full-priced items does not incur much savings for the consumer. One of the rules of thumb in couponing is to use coupons on items that are on sale and combine this sale with discount coupons or with another offer in order to maximize the savings. For example, use discount voucher that will take price off on promotions like “buy one, take one”.
  1. Buying every item on sale
Not everything that is on sale is a good sale or will yield to savings. For example, some promotions will just slash off a few dollars from the regular price, which does not really gives off much savings to the buyer. It is important for a buyer to see and calculate first how much savings they can get per unit of the item before deciding to buy it off the shelf. If it will not yield big savings, do not buy it.
  1. Buying branded products
One of the common mistakes most people make is that they remain loyal to brands. Some people like to buy branded products instead of turning to generic brands, which offers the same quality and quantity. With a lot of expenses and some people on a tight budget, this is not the time to be loyal to a brand, especially when the other brand is much cheaper and you can save on discount coupons. If you can buy an item for less or for free, just grab it.
  1. Trying to use every discount coupon
Extreme couponing scours various sources for discount vouchers and online coupons to make sure that they will not miss out on any sale. Just like a typical shopaholic, extreme coupon user tries to buy everything with a discount coupon. This type of people also tries to use every coupon they have in hand thinking that they will be able to save on various products and for the fear that the coupons will expire. This breaks another important rule in using discount coupon in buying items, which is to buy only when it incurs big savings. Let old discount coupons expire when the items did not go on sale.
  1. Buying items that they do not need
People are overwhelmed of the savings that they can get from a deal and just want to jump on the deal. Another common mistake that people is buying products or availing services that they do not necessarily need just because they have a coupon. One can save more by not buying than jumping to every deal because of a coupon.