Coupon

A coupon is a voucher entitling the holder to a discount or free merchandise. It's a marketing tool used by businesses to encourage purchases, introduce new products, or reward customer loyalty. Coupons can be physical (paper), digital (electronic), or mobile (on a smartphone app) and they often have an expiration date and terms of use. They function by reducing the price of a product or service, offering a buy-one-get-one-free deal, or providing a specific value or percentage off the total purchase. Coupons are often sought by consumers looking to save money.

Coupon meaning with examples

• Sarah meticulously clipped coupons from the Sunday newspaper, eager to maximize her savings at the grocery store. She compared prices and expiration dates to ensure she got the best deals. Her careful planning allowed her to slash her grocery bill by a significant amount, leaving her feeling satisfied with her smart shopping strategy.
• The online retailer emailed a special coupon to its subscribers, offering a 20% discount on all items in the home goods section. Customers eagerly clicked on the link, adding desired products to their carts. This targeted promotion successfully drove traffic and boosted sales within the week.
• During the restaurant's anniversary celebration, customers received a coupon for a free appetizer with their next meal purchase. This encouraged repeat business and allowed the restaurant to showcase a new item, hoping to entice more orders.
• A mobile coupon appeared on David's phone as he walked near his favorite coffee shop, offering a free upgrade on his usual latte. The geo-targeted promotion incentivized him to make a purchase and enhanced his experience, turning him into a satisfied regular.
• The clothing store advertised a 'clearance coupon,' offering an extra 30% off already reduced items during their end-of-season sale. Savvy shoppers flocked to the store to take advantage of the limited-time offer, resulting in a rapid turnover of merchandise and increased revenue.