Coupons are a simple way to save money on the items you need. But, there is more to it than just printing or clipping the coupon and taking it with you to the store. You need to understand how to read your coupons, so you use it in the right way.
Other helpful coupon tips:
- How Coupon Stacking Can Double Your Savings
- Beginner Couponing Tip: The Two Envelope Method
- Coupon Abbreviations Explained
Here is a breakdown of the various parts of the coupon and what each one means to you:
1 – Defines it is a Manufacturer’s Coupon which means you can redeem it anywhere coupons are accepted
2 – Expiration Date is the date through which the coupon can be redeemed
3 – Total Amount You Will Save when redeeming this single coupon
4 – Product Description / Quantity Required to Use the Coupon (see below)
5 – Redemption Address and Coupon Limitations
6 – Barcode to match up to product which ensures you are purchasing the correct product(s)
7 – Barcode which is to be scanned by the cashier to apply the discount
8 – Image of at least one product, which may not necessarily be the only item you can buy with the coupon
Now that you know the parts of the coupon, we will focus on parts 3 and 4 – the amount you will save and the quantity you need to purchase to use the coupon. The simplest way is through examples.
Example 1: Coupon states save $1.00/1 or $1.00 off of the purchase of one item. You need to purchase just one product and will save $1. If the product retails for $4.99, then you will pay $3.99 after the coupon. The coupon will deduct once for each barcode scanned. That means you can use one coupon per product. Therefore, if you purchase 4 of this product, you can use 4 coupons – one on each product (or purchase).
In addition, if you purchase a twin pack, you can still use only one coupon. The reason is that only one barcode was scanned for the product and the number of coupons redeemed can not exceed the number of products scanned.
Example 2: Coupon states save $1.00/2 or $1.00 off of the purchase of 2 items. You need to purchase two products and will save $1.00 total — or $0.50 per item. IF the item costs $2.50, you will purchase 2 for $5 before you hand over the coupon. After the coupon is scanned, your purchase price will be $4 or $2 per item. You can use one coupon per purchase, which in this case requires 2 items. If you want to use 2 coupons, you will need to purchase 4 products.
If you happen to find a twin pack, that does not qualify as 2 items. The reason is that the coupon is accepted when 2 bar codes are scanned. In the case of a twin pack, only one barcode is being scanned. Therefore, you would need to purchase 2 twin packs for a total of 2 barcodes (which is actually 4 products).
Example 3: Buy one Product A, get another Product A for free. You will need to purchase 2 items in order to use this coupon. You will pay for only one of them. You can not use TWO of these coupons on a single purchase. The reason is the print on the coupon. It says limit of one per purchase. Since the purchase requires 2 items to be purchased, you can only redeem one coupon on that product.
Do you have any other questions on how to read or redeem your coupons? Feel free to ask – I am here to help!