8 Types of Coupon Codes and Their Uses
In order to understand coupon codes we need to understand "coupon" first. Coupon is basically a ticket or document used to exchange financial discount from the retailer while purchasing a product. The most important thing about coupons is that they benefit everybody from the manufacturer who issues them to the customer who avails.
Since the new era's coupons are digital Coupons, they are used in the form of coupon codes instead of getting printed and presenting the cashier while purchasing. Digital coupons are circulated by means of internet around the world in the form codes or links and therefore, they are known a coupon codes (a series of alphabets and numbers like MTHRPLANTS or EEO2MD3T599 etc.).
How to find Coupon Codes
The best thing about coupon codes is that they are accessible to everybody and every time. You can search on any search engine like Google, Msn, Bing, Yahoo etc. with the keyword like coupon code and store name. For example, Myntra coupon code or Food Panda Coupon Code and hundreds of websites will pop up in front of you containing required results. You can select the best deal and copy the code from there.
Another way of getting online discount is through "links". Here, you find links to be activated instead of codes. When you click on the link, you will land on the webpage of store displaying a vast array of discount products. You can continue shopping and get the discount automatically.
How to Redeem Coupon Codes
You can redeem these codes on most of the online stores. When you are at final stage of your shopping, you need to paste the code in required box before checking out. The online store deducts the amount from your bill. But, you must make sure that the code is not expired or fake. Most of the coupon code websites check the validity and authenticity of code and mark it tested or verified.
Types of Coupon Codes
There are various types of coupon codes meeting various needs of the customers facilitating different benefits to the manufacturers or retailers. All the types serve in different ways for different products. Let's find them:
1. Free shipping
However, most of the online stores offer free shipping but, those who do not offer often issue free shipping coupon codes. Availing them, customer gets the product or a number of products delivered at his or her doorstep free of cost. As most of the stores do not charge for shipping, these coupons are not widely offered or availed.
BOGO stands for "Buy one get one". This is commonly used for food items like Pizzas and Burgers. Some fashion stores and others use this mostly at the time stock clearance sale. This is an enticing offer for customers as they get an opportunity to save a big deal of money.
3. First-Time Customer Coupons
First-Time Customer Coupons are especially made for first-time customers of any store. This helps the stores to generate new customers. They place a condition of registering with their store first time and getting the benefits of offer or deal on first purchase from that store.
4. Free Trial Offer
This type of deal is often offered by clothing, accessories, lens and footwear store. As claimed by this deal customers get the product brought at their doorstep and try it. They can purchase if they like or send the product back if they do not like without paying a single penny for getting it brought. Most of the stores offer unconditional Free Trail offer.
5. Launch Offers
Launch offers are offered on the launch of any new product by manufacturers or retailers. This is a kind of sales promotion method. They come up with tailor-made discount deals and try to generate maximum sales of their newly launched product.
6. Festival Offers
Festival offers are proposed occasionally at the time of festival season. Offers are tailor-made according to the festival to sell more and more products. This type of offer is widely adopted as both retailers and consumers get benefitted. Customers get chance to buy more products making their festival more joyful and cheering.
7. Percent-Off Deals
Percent-Off deals are procured by getting a particular percent off on the marked price of single product or on whole purchase for a limited period of time. This type of discount can be seen in market or on online stores running every time on some products.
8. Group Buying Deals
Group Buying Deals are offered on the purchase of more than one product. Such deals are found in the form of getting one or two items free on the purchase of at least two or more than two items. These are not super saving deals therefore, not preferred enough but those who need the particular product grab the deal immediately.
People are leveraging the benefits of this cut-throat competing among online stores. Inception of coupon codes has made a remarkable increase in the number of online shoppers.
Some major online retail stores for fashionable clothes Myntra , Basics Life, Expedia, Fashionara, Flipkart, Food Panda, Freecultr, HomeShop18, Jabong, Limeroad, Moods of Cloe, Myntra, Pepperfry, Purplle, Shop Nineteen, ShopClues, Yatra, Zivame, and Zovi etc. are dominating the online market. Here, you can find almost all the leading brands like Puma, Adidas, Nike, Citizen, Levi's, Lakme, Espirit, Reebok, Mudra, Tupperware, Prestige, Nilkamal, Bajaj, and Eureka Forbes etc. under various categories.
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