Saturday, January 30, 2010

The Profit-Producing Power of Couponing

The Profit-Producing Power of Couponing

Coupons have proven themselves to be highly effective sales tools for every conceivable size and type of business, according to Tom Reece in The Profit-Producing Power of Couponing .

'Because coupons "pull in the business" they have gained remarkable acceptance and popularity among astute marketing managers. A simple explanation for their acceptance by advertisers is their overwhelming acceptance and use by the consuming public. In fact, Advertising Age (the Bible of the advertising industry) reports that 87% of all shoppers use coupons.,' according to Reece.

'Another independent marketing research firm, the A.C. Nielson Co., reveals that 95% of all shoppers like coupons. And 60% actively look for coupons.

'A recent article in the Wall Street Journal entitled, "In a Pinch, Snip.", states that coupon use rises, as the economy in any given area slides. 54% of shoppers surveyed said they had already stepped up use of coupons, and even more are expected to do so.

'It's very easy to see why coupon advertising is sweeping the country. Regular use of good couponing strategy will provide a steady stream of new customers and high quality sales leads. The Profit-Producing Power of Couponing To Work For You,' Reece goes on.

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