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Coupons or Retail Discounts - Which Work Better? | CouponInfoNow.com | sponsored by Inmar on 2009-06-18
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Research by Promotion Decisions, Inc (PDI) showed:
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- Consumer promotion (e.g. coupons) accounted for 24% of marketing expenditure
and yielded 24% of total unit volume.
- Consumer promotion (e.g. coupons) accounted for 24% of marketing expenditure
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The Compatibility of Coupons and Loyalty Programs | CouponInfoNow.com | sponsored by Inmar on 2009-06-18
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Despite the growing attention paid to the use of customer loyalty programs
versus coupons, recent research shows that it is not necessarily an either-or
proposition. Indeed, those studies found that coupons alone are more
effective in increasing purchase likelihood than loyalty programs alone.² Coupons also have an effect over a broader
customer base, whereas loyalty programs only alter behavior for a small
segment.³ While there is genuine debate
as to the effectiveness of loyalty programs in increasing customer retention, it
is clear that the potential benefits of loyalty programs are only fully realized
when combined with other promotional efforts, particularly coupons.4 -
For instance, in series of test promotions with loyalty program participants
conducted with and without coupons, the average revenue per customer increased
by 2% when a coupon was offered.6
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Estimation of consumer savings from coupon redemption. on 2009-06-18
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They indicate that, using reasonable and conservative estimates of the cost of
time, consumers do in fact realize real benefits. For some consumer groups these
savings may represent somewhere between four to seven percent of the weekly
grocery bill -
"pre-tax" dollars
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- Coupons on 2009-06-18
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- Vacation Homes in Ocean City downtown beach vacation townhome rental, CyberRentals property 195431 on 2009-06-17
- FT.com / Features of the week - Top notch, MBA advice on 2009-06-16
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Management Consulting Association at NYU Stern on 2009-06-16
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Search: Music events on wednesday - Time Out New York on 2009-06-15
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Music
Badi
Assad [ Event ]Wed 7:30pm
Joe's Pub at the Public Theater 425
Lafayette St, between Astor Pl and E 4th St, East Village (212-539-8778)
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