Couponing 101 Part 1: Interesting Coupon Facts
I’m starting a new series for all of my new couponers. I’ve recently received a lot of questions concerning “how to do it”. As with any post please leave any questions or stories in the comment section.
- Only3 % of all coupons are actually used!
- Loss leaders are the sale items that the store is pricing super low and taking the biggest profit lose on. They do this in hopes that you will come to the store to buy these items and end up spending more on higher priced items. These items are typically found on the front page of the sale ad.
- To maximize your savings with coupons, you can NOT be brand loyal!
- Coupons in Sunday’s paper come in inserts from Smart Source, General Mills, P&G, RedPlum etc.
- The military overseas can use coupons up to six months beyond the expiration date.
- A Price Book is a way of keeping tract of the regular price of items you use. You can write down prices from grocery and club stores to know when you are getting a deal.
- A store’s $ Off $$ Coupon (ex. $2 Off $20) ALWAYS needs to be handed in first – before your other coupons so your order will be its highest total.
- All manufacture coupons start in either a 5 or 9. Those that start in 5 can double or triple. Those that start in 9 will not.
- Usually the best time to use a coupon is right before it expires. Retailers will advertise a product at it’s cheapest price towards the end of the coordinating coupons life. For the most part the item will be on sale the week the coupon comes out. Retailers do this in hopes that you will use your coupon now. Unless you just have to have it that week hang on to the coupon for the better sale.
- It is the words not the picture that indicate what the coupon is for. Manufactures will most of the time place a picture on the coupon for is for one of their more expensive items. This is a tactic to increase their profit and make you think you are getting a “steal” on the latest greatest item in their product line. Make sure sure you read ALL the words including size specs. When an items as “$x off ANY product by Company Z” It means just that. You go find a product by Company Z of any size, flavor, scent, or what have you and the store has to honor the coupon. Remember this is true so long as there are NO exclusions. Read all the fine print before you go. Any by definition means: with out limit; some, no matter how much or how little, how many, or what kind.