+1 vote
in Affiliate Marketing by (540 points)
Anybody can explain coupon marketing strategies and how can we effectively use coupon or voucher marketing for more sales and conversion?

1 Answer

+1 vote
by (460 points)
selected by
Best answer

What is coupon marketing strategies?

Coupons are created to  attract old or new customers by offering them lower or discounted price if they use that coupon during purchase. coupon strategy is very effective to increase sales and gain new as well as old recurring customers.

More or less these coupon strategies can help you make more conversions  and boost sales.

Decide the type of coupons means you can create coupons many type which ultimately effects your sales in different ways.

  • percentage discount
  • Promotional codes
  • Free delivery 
  • Auto adjusted discounts
  • Downloadable coupons

1. Create and reward your already customers by sending them as a gift if they buy with the link they will be rewarded with 10% discount or something extra

2. Ask old customer for feedback of their purchase and in return offer them a coupon discounts mentioned above which will increase you sales as well as you can get positive reviews under your product page or on trustpilot.

3. Have time limited coupons offered to people after which that offer will expire, this strategy converts more than others.

4. Create Blessed Fridays, blessed sundays coupons deals etc to get more sales.

5. Offer coupons discount to public especially for first time customers by which you can get new customers and increase you sale of other items as well.

6. You can create affiliate marketing by offering to your existing customers by giving them referrel links and in return give them discounts on your products they can buy with the referrel bonuses.

7. You can offer a coupons for bigger volume purchases by giving discounts which ultimately generate more sales.

8. You can create a subscription customer base and offer them discounts who are your subscribers to generate recurring sales from existing customers.

I hope this helps you. 

Related questions

Ask, Share & Connect With Self-Help Entrepreneurs

Most popular tags

youtube financial-advice financial independance financial-freedom make money free traffic website traffic seo lifehack dofollow backlink wordpress onlinejobs blogging free website traffic economic crises content writing youtube channel ideas backlink download youtube subtitles youtube earning become rich crypto trading crypto investing crypto bitcoin cryptocurrencies cash apps online business money makeover business ideas google adsense passive income failure at work motivation blogniches url-shortener business adsense startup article-writing legitonlinejobs blog article submission free traffic strategies work life balance work bullies best hosting web hosting mindful seo audit headline writing seo writing copyright free music free youtube music youtube outro youtube intro youtube premium digital services youtube algorithm download videos youtube videos wordpress sites file upload plugin wordpress plugins export posts import posts earn with mobile niche selection youtube shorts google seo insights seo insights mysql sale promotion selling techniques sales strategies article seo blog post seo money apps money making apps business without investment finance guru regular income streams career in data scientist data science online store instagram monetization monetization alternatives youtube video monetization youtube channel monetization grow youtube channel youtube channel total money plan digital marketing voucher marketing coupon marketing high income skills income skills best fintech startup fintech startups best edtech startup