As Luis Paez, blogger for The Direct Marketing Voice mentioned yesterday, we are highlighting examples mentioned in the billshrink blog. The post outlines “12 ways companies are reacting to the recession.” I’m covering the section on “Increased use of Coupon Advertising.”
Inmar, the nation’s leading promotions transaction settlement provider states that coupon redemption increased by 10% in the fourth quarter of 2008. Moving into 2009, consumers redeemed 9% more than in January of 2008. The results go on to demonstrate that coupon redemption is no longer only popular in conventional supermarkets.
“For years, nearly 70% of coupons were redeemed in conventional supermarkets,” said Jennifer Mauldin, President of Inmar Carolina Services Revenue Recovery Services. “But in 2008, the mass merchandiser channel saw a 15% increase in redemption overall, made up by a 20% increase in redemption for food coupons and a 13% increase in non-food coupons.”
So I think it is safe to say that we are all looking for ways to save a few dollars, and coupons are a great way to help consumers do just that. I have personally seen an increase in coupons from restaurants, service providers and retail merchants.
Last year, I MAY have been lucky to receive a coupon once every few months; however, now I receive several offers per week from retailers that I frequently purchase from. They know my purchase patterns and they serve relevant offers to an already loyal customer.
Here is an example of a way to encourage purchase by giving a % off of a particular purchase amount.

Carter's 20% off of a purchase of 50 or more
Other merchants are offering free shipping as a way to help customers save on online orders.

Old Navy Free Shipping
QuantumDigital offers free shipping on printing product orders of $45 or more — a standard everyday offer provided to reward current customers and attract new ones. We’ve also picked our most popular items and offered coupon codes to assist with marketing expenses.

$15 off Jumbo Postcards Mailed
Knowing consumers are redeeming more coupons should spur us all on to look at ways to reward loyal customers and bring in potential new ones.
Here are a few examples to spur some ideas: Offer a buy one get one, an in-store only coupon available on a particular date to drive urgency, use a dollar amount off of a service to get the first appointment, highlight a free appetizer on the purchase of two meals, free shipping to drive internet orders, free service with the purchase of another, dollar amount off for purchasing multiple haircuts, facials or massages at one time, free consultation on staging a home for sale, the list could go on and on.
The key is to not throw just any offer out there, but look at your customer requests for information or frequent purchase patterns and provide offers that meet their needs, wants and desires.
And more importantly, be targeted with your marketing methods. Use direct mail in a more targeted fashion by selecting key demographics that match your customer base or send direct mail to your current customer list. My recommendation, based upon my own marketing campaign response, is to send a direct mail piece and follow it up with an email message touting the same offer. Remember, it is better to send fewer pieces, but to send them to a very targeted prospect using demographic selections rather than doing a blanket mailing to thousands of people.
What ways are you using coupons to drive business for your company?