Online deals and coupons - Online shoppers are looking for deals. In fact, 49 percent of those who bought goods online used a coupon or a promotion code, according to Double Click Inc.'s Consumer E-mail Study, conducted in 2007.
Online shoppers are looking for deals. In fact, 49 percent of those who bought goods online used a coupon or a promotion code, according to Double Click Inc.'s Consumer E-mail Study, conducted in 2007. By creating an online coupon loom, you can persuade more online and offline purchases.
Start by delivering value. More than 70 percent of U.S. Consumers believe coupons save them a lot of money, according to a recent survey by NCH Marketing Services. When it compares, online shopping is more convenient that offline, present exceptional deals in your online coupons to trigger higher redemption rates.
By taking advantage of your capability to narrowly target your recipients. It is better to find Web sites that focus on niche topics instead of placing an insert in a local newspaper or industry magazine. You can advertise in their e-mail newsletters or with skyscraper ads and text links on their sites.
Assume you sell outdoor adventure gear. Instead of promoting a "10 to 25 percent off" coupon in an outdoor magazine, you can specify "10 percent off cycling equipment" on a racing Web site, and "25 percent off fly-fishing gear" on a fishing site. This level of targeting improves your conversion rate, which lowers per-customer marketing costs.
Remember to reward your own Web site visitors, and they'll thank you with repeat sales. Coupons encourage prospects to opt in to your contact database and influence your current customers to buy more from you. The lifetime value of your customers will grow since you'll no longer pay marketing dollars to achieve that new revenue.
There are very reasonable e-commerce solutions that include a coupon executive feature. This lets you make coupons for your own Web site. For less than $100 per month, both 1ShoppingCart.com and Yahoo! Store offer an online coupon tool. Think about sending coupons along with your monthly newsletter or order-confirmation e-mails. You can put off people from opting out by preventing the number of times you e-mail them coupons.
As cited by CMS Inc., a coupon management company in Winston-Salem, North Carolina, 7.6 million coupons were redeemed online last year. As more shoppers move to the Internet, they'll be searching for hot offers. Help them find your coupons, and then offer them nonstop incentives to shop at your site again.
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