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A mobile coupon is an electronic ticket solicited and or delivered to a mobile phone that can be exchanged for financial discount or rebate when purchasing product or service. Coupons are usually issued by manufacturers of consumer packaged goods or retailers, to be used in retail stores as part of a sales promotion. The customer redeems the coupon at store or online.
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In some cases, customers may redeem the mobile coupon at the point of sale. What is unique about mobile coupons is the memory of information in the coupons often outlast the expiration dates of the coupons themselves, triggering actual purchases at later dates.
Mobile coupons are popular among U. The primary success factors for the SMS campaigns are discount size, how the discount value is framed as a gift or percent off and the timing of the campaign. Many retailers support the redemption of email and paper coupons via mobile devices. In addition to distributing such offers via their own email lists, SMS subscriptions, and apps, they are also often made available through coupon applications. A mobile app coupon can be either a regular coupon for redemption discounted value or discounted percentage used at checkout distributed by the app-makers or unique, personal referral codes owned by each user to recruit new users with referral benefits.
The latter form requires personal sharing on behalf of users to their personal networks. Depending on the jurisdiction , coupons may or may not reduce the sales tax which must be paid by the consumer. This is often determined by who sponsors the coupon. If the coupon is issued by the retailer, the product was never offered at the original price and the coupon represents a reduction in the amount paid and the tax.
If the coupon is issued by the manufacturer, the original price is still paid but some of the price is covered by the manufacturer instead of the consumer and the full price remains taxable.
This is the case with the coupon-eligible converter boxes in the United States, which compensate in part for the forced conversion to digital TV. Coupon manufacturers may or may not place restrictions on coupons limiting their transferability to ensure the coupons stay within the targeted market.
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Organized coupon exchange clubs are commonly found in regions where coupons are distributed. Often coupons are available for purchase at some online sites, but since most coupons are not allowed to be sold, the fee is considered to be for the time and effort put into cutting out the coupons. From Wikipedia, the free encyclopedia. This article is about a document exchanged in a financial transaction.
For other uses, see Coupon disambiguation.
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Retrieved May 8, Coca-Cola Company. Retrieved 20 July Time Magazine. My Business Australia. We bring this experience to your team with tailored programs, strategies and insights that allow you to measure performance. Our retailer customers enjoy the highest redemption rates in the industry. YouTech relevancy ranked digital offers exceed shopper expectation, delivering the right offer, to the right shopper, in the right way, and at the right time. Skip to content. Digital Coupons Overview Benefits.
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