I confess! I am a big sucker for all kinds of coupon advertising. I go after coupon advertising like a hound goes after game! I enjoy my shopping escapades all the more thanks to coupon advertising. In fact, if truth be told, I consider coupon advertising to be the greatest invention of mankind after sliced bread. And if there ever was an opportunity to crown the best genres of advertising, I would cast my vote in favor of coupon advertising!
Just think about it. As a consumer, coupon advertising is a god send to help you save lots of money. Speaking for myself, my visits to the neighborhood Mc Donald’s have become more and more enjoyable thanks to coupon advertising. I wait for the weekly newspaper to come with all those coupons. I carefully cut and store them. I browse through the menu to decide how best I can se my hard sourced coupons to derive the maximum benefit for me and my family. And our combined, expanding girth stands testimony to the power of coupon advertising!
But how did coupon advertising get to be so popular? You don’t have to look far for the answer. Who among us does not want to save a few pennies her and there on our regular consumables? We all do right! Well, coupon advertising is just one way to do so. When marketers realized that there was an innate need among consumers to save on daily use products and services, they evolved their freebie program into a coupon advertising program. Even before coupon advertising entered the scene, marketers all over the world were used to offering product samples and service discounts in order to ensure a loyal customer base. And, using the principle of volumes, they more than recovered their costs in offering these discounts as a result of the phenomenal increase in sales that these discounts brought.
The next stage was logical. And coupon advertising as a genre came to become established as a means of advertising. If you notice most of the coupon advertising nowadays, it is for a range of everyday products that we use on an almost daily basis. The saturation in the market is highest in this segment and all manufacturers and service providers are trying desperately hard to capture a market share. Why they are so interested is a question that can be answered with one word - volumes. It is purely a volumes game and the manufacturer or distributor who manages to snag and ensure the loyalty of the highest number of customers on a consistent basis is the one who will go laughing all the way to the bank.
And the consumer couldn’t be happier as well. After all, it is a cost saving way for him or her to shop for the daily use products and save a couple of dollars in the process. Most families that are cost conscious indulge heartily in coupon advertising. And the more fanatical among them are coupon advertising hounds like me!
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Jason Brailow of Crush LLC Discusses Advertising
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