Thursday, March 13, 2014

Week 1, Lesson 6: Coupon Vocabulary

Couponing is a whole new way of shopping. And that new way of shopping comes with a whole new language to learn. Here is a concise list of some of the terminology you will see and encounter.

Coupon: Your new currency

Weekly Ad or Circular: The advertisements some stores put out with their sales, this can be found in the newspaper, on their website and often in the stores themselves. If you can't find one, ask!!

Coupon Inserts: The packs of coupons found in your Sunday paper. They often look like a little book. A little book of awesomeness.

Manufacturer Coupon: A coupon issued by the manufacturer either in inserts, on products, in the mail, or other places.

Printable Coupon: A coupon you print at home using your home computer, or your mom's computer, or your neighbor's computer.

Mobile Coupon: A coupon that is scanned from your smartphone or tablet.

Peelie: A coupon found stuck to a product, usually by some crazy nasa tape that sticks to everything and is impossible to remove.

Tear Pad: A stack of coupons that looks like a notepad, you tear one off. Couponers aren't always creative with their names.

Blinkie: A machine near a product that distributes coupons and sometimes even has a fun blinking light.

Stacking Coupons: Using store coupons and manufacturer coupons on the same product.

BOGO: Buy one, get one free

WYB: Fancy schmancy code for 'when you buy'

Double Coupons: This is when a store chooses to double the amount of your coupon. Some stores double up to a dollar, some not at all. Check your local store policy.

Do Not Double: When a manufacturer ruins your coupon fun by not allowing you to double the coupon even if the store says they double.

Mail in Rebate: When a manufacturer sends you money for buying their stuff if you submit a form and wait long enough.

One Coupon Per Purchase: One coupon per ITEM purchased. Not one coupon per your whole cart full of stuff.

Limit 4 Identical Coupons Per Transaction: You can only use four coupons in one transaction. You can do as many transactions as you want.

Limit 4 Identical Coupons per Household per Day: Four of those coupons, that's it.

Coupon Policy: This is the written policy of the store, often unknown to cashiers, and lower levels of management. Print it out, and show it to them if needed. It will often blow their mind. 




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