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Types of Coupons and Promo Codes and How to Use Them

When it comes to buying a product or service, most individuals love getting coupons or promo codes that can help them save some money. In most situations, using coupons or promo codes ensures a win-win situation for both the buyers and sellers. This is because they motivate the buyers to get the product as they will get more values for the purchase while ensuring that the sellers make sales.

If you are planning to use promo codes and coupons, it is vital to know the different types available and how to use them. Here are some of the types of coupons and promo codes available:

·       Discount coupon

A discount coupon ensures that buyers will get a stipulated discount on a particular item. This discount cuts a stipulated percentage or amount off the regular price of a product. It is best used for drawing the attention of customers to a product you want them to start buying.

To use this coupon, the buyer will need to offer the details of the coupon to the participating store when buying the item.

·       Clearance-only promo code

A clearance-only promo code often comes in handy when a retailer wants to sell overstocked or outdated products. This promo code usually offers buyers the most exceptional values they can get on such products because of the desperation of the sellers. Therefore, you can only use this code for clearance items, not non-clearance products. Buyers only have to provide the promo code at the point of buying the product.

·       Free shipping promo code

As the name suggests, a free shipping promo code is all about shipping a product to a buyer for free. If you are planning to use this free shipping promo code, you will likely need a minimum spend. In other words, the product must be worth a minimum of a particular amount before customers can have access to a free shipping promo code.

When using free shipping promo codes, there may also be some restrictions to some particular countries, states, regions, or even cities that they are meant for. This is usually necessary when the product can be purchased by people in locations where the shipping cost will affect the profits of the seller.

·       BOGO promo code

This means Buy One, Get One Free. Simply put, sellers are offering the buyers another item when they buy one. In some instances, it can be modified to make people buy more than one before getting one for free. For example, retailers can ask the buyers to purchase two or three items to get one for free.

However, it should be understood that this promo code only works for products that people will like to get multiple of them at once. Sellers can ask the buyer to purchase one bottle of perfume and get another bottle of the same product for free. However, if people are asked to buy one shirt and get the same shirt for free, most individuals will not be interested as they will most likely not want to have two shirts that look the same.

·       Freebie promo code

Using this promo code, the retailer encourages people to buy their products by offering to give them a freebie. This is usually great for introducing a new product. For instance, you get a free tote bag to a buyer after purchasing a particular skincare product. Using this promo code is usually easy and straightforward.

·       Paper coupons

This is a form of coupon that comes in a paper. It is perhaps the easiest type of coupon that anyone can use. All you have to do is to get the coupon, clip it, and then go to the right shop to redeem it. it is worthwhile to note that a paper coupon can only be used by a brick-and-mortar store.

·       Rewards point promo codes

For rewards points promo code, a retailer or seller will offer you some credits that you can claim when buying another product from them in the future. If you want to use this promo code, you will get the code from the retailer and then wait till your next purchase to enjoy the discount

Other forms of promo codes and coupons you can use include one-time use promo codes, personal referral codes, grocery coupons, rebates, and gift certificates.

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