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Is it worth it? Do you do it?
I used to, but way back in 1983 the Treasury Department issued regulations that all new bond issues had to be Registered. No more Bearer Bonds with Coupons to clip and deposit for interest payments.. Since bonds typically had a life not exceeding 30 years, I clipped my last coupons back in 2012.
Yes, have two coupons in my wallet now! Or is it three? Sometimes I use coupons from my phone.
And when I shop online I use retailmenot.com for online promo codes.
But as for old school cutting coupons out of ads, if I know they’re there, you betcha!
But it’s mostly specific stuff or stores, like pet supplies store coupons or ones from that store that has three Bs in its name and a billion things, including that new cool umbrella.
This thread is a happy topic! ☺☺☺😄😄😄
Yesterday i had a customer give me 5 coupons one a store coupon was expired the other 4 manufacturer coupons all had the dates cut off i told her we couldn’t take the coupons and she said then I’m not buying anything unbagged her items and threw the bags to me.
thegoq: I had an incident many years ago. Person bought about $250 worth of groceries and after everything was rung up handed the cashier about 40 coupons. As the store manager, I went through the coupons and separated out a bunch and told the customer he didn’t buy those products as the store didn’t sell them. He asked me how did I know if everything was already in bags, I replied “those items aren’t kosher so we don’t sell them”. I had the workers unpack the order and ring it up again. Of the 40 coupons, only 10 were for items he actually purchased.
My wife and I do it on a regular basis and it adds up.
It’s nice to hear from storekeepers that those darn coupons cause as much trouble for them as they do for the rest of us. I think it is an insult to customers to inconvenience them with the burden of clipping coupons. If you want to charge lower prices, do so, but don’t make me jump through hoops. (And last week, I gave myself a nasty cut while using a scissors – but it was not on a coupon for bandages.)
To CTLawyer: I think you misunderstood the question.
Huju…………….
I absolutely understood the original post/questions. Just giving Joseph a taste of his own. My answer, unlike many of his, is factually correct.Good story iacisrmma been there done that people try everything to bend the rules in their favor
Coupons are an effective form of price discrimination.
No discrimination is not always bad. I discriminate against fraternizing with stinger-attached insects by avoiding them more than some other insects. But then again maybe they think I’m bad which could break my point and not make it.
What was the point of your question?
To CTLawyer: I absolutely understood the appropriateness of your factually correct comment. I enjoy the occaisional joke. And I agree with you about Joseph’s inaccuracies.
Joseph, the fact that coupons are a form of price discrimination is why stores and manufacturers issue coupons rather than simply lowering the price of the item. By using coupons instead, they lower the price for the more price sensitive customers while charging other customers full price.
Retailers, as opposed to manufacturers, often use coupons as a way to measure response to advertising, particularly when trying a new publication.
Back in the 80s I had a couple of retail stores. There was a new ‘Pennysaver’ type publication in the area. Their salesman was representing the publication’s market saturation and cost effectiveness of advertising as opposed to the traditional area newspaper.
I ran a series of once a week advts. in both the free publication and the daily newspaper. The advt. was the same, but the newspaper had a coupon for 10% off a $10 regular price purchase, the new publication’s coupon offered 15% off the same purchase.
Coupons were good for one week. After the 5 week experiment, I tallied the results. 10 times as many coupons were redeemed from the daily newspaper than the new publication. The daily newspaper’s cost per column inch was double that of the new publication. So I was getting 5 times the response for my money by using the daily newspaper. I did not place any further advts. with the new publication. IIRC, it folded after about 7 months.
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