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Type of coupon offers and what’s the best coupon to choose

Type of coupon offers and what’s the best coupon to choose
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Coupons available online are a set of numbers, letters, or a combination to form a string anywhere from 3-20 characters long.   There are also paper coupons that come in mail in Sunday Paper or available to print online from retailer store website, that typically contain a bar-code or a bar-code with some special numbers at the bottom .  Regardless of the type of coupon, what really matter is the savings it provides to the shopper.   In this article we’ll explore three major types of coupon offers:

1. Percent Off Coupons (% off Coupons)

2. Dollar Off Coupons ($ off Coupons)

3. Free Shipping Coupons

Percent Off Coupons are coupons that give a percentage of discount as stated by the coupon terms. For example if you are buying a pair of shoes and the cost of shoes is $50 MSRP, then a 20% off highest priced item coupon will reduce the price of the shoes to $45 (20% of $50=$10, so $50-$10=$40).   Another example could be a 15% off the order coupon, so lets say you bought shoes ($50), shirt ($25), tie ($25) for the grand total of $100.  A 15% off the order coupon will save you $15 off this order and you will pay $85 ($100-$15).    If you used the 10% off highest price item coupon instead, your savings would actually be less and you will pay $90 for the order (20% of highest price item shoes at $50 = $10, so $100-$10 = $90).

Dollar Off Coupons are coupons that give a set dollar discount as stated by the coupon terms. For example if you buying a TV with a MSRP values at $500 and you have a $50 off coupon, the coupon will reduce the price of TV to $450 ($500-$50=$450).   Similarly, if you were buying a TV ($500), Surround System ($400) and HDMI Cables ($100) for a grand total of $1000 and you use the $50 coupon, you will still save only $50.

So the big question really is which coupon is better, a percent off coupon or a dollar off coupon?

As you can see from the math above, it really depends.  Almost always a percent off (% off) coupon will give you a better discount when you are purchasing a higher value item.  Here is a chart to explain this a bit better: itsAcoupon.com money savings-chart

If you review the chart, as the dollar order value increases your savings also increase with a percent off coupon as compared to a dollar off coupon which has a fixed discount value.  Lets take an example to explain this even further:

Example 1:   Order value $150 , discount coupons available are $25 off or 25% off.   Which one would you use?

Answer:  You will save more using %25 off coupon and pay only $112.5 for the order ($150-25% which is $37.5 = $112.5)

Example 2:  Order value $50 , discount coupons available are $25 off or 25% off.   Which one would you use?

Answer:  You will save more using $25 off coupon and pay only $25 for the order as the %25 coupon will only save you $12.5.

Free Shipping Coupons allow for your order to be shipped free saving you anywhere from $4.00-$14.99 on standard and $19.99 – $39.99 on expedited shipping.    Most brick/mortar stores with online presence also offer free “Ship to Store” when you place an order online, that’s really a good option to get something quick and avoid any in-store wait in long lines as you can just swing by and pick up your order usually at a designated spot inside the store. Some percent off coupon or dollar off coupons can also be combined with free shipping offers to give you some extra savings.  Always check the terms and details of the coupon offer to see if it’s stack-able (use more than one coupons on the same order) and/or can be combined with free shipping offers .  Enjoy the savings and check out these great reads on Amazon.com!

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