Couponing, M-Couponing, E-Couponing, M-Wallet & Co.
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Couponing, M-Couponing, E-Couponing, M-Wallet & Co.
Featuring the latest Couponing Tips & News, successful Coupon Campaigns, & Couponing Solutions/Technology for Brands & Retailers
Curated by sophiedesc
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Tap Into Mobile Coupons - Mobile Wallet Cloud Solutions | PassKit.com

Tap Into Mobile Coupons - Mobile Wallet Cloud Solutions | PassKit.com | Couponing, M-Couponing, E-Couponing, M-Wallet & Co. | Scoop.it
The coupon industry has been dominated by paper ever since its inception. The last decade opened up the digital coupon space – for example, online coupons that can be printed out and used in stores. As the mobile industry continues to grow and accelerate, it has the potential to make paper coupons obsolete. More people →
sophiedesc's insight:

"There will be 47 million US smartphone users using mobile coupons" in 2014

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Target leads mass merchants in driving holiday strategy via Twitter - Social networks - Mobile Commerce Daily

Target leads mass merchants in driving holiday strategy via Twitter - Social networks - Mobile Commerce Daily | Couponing, M-Couponing, E-Couponing, M-Wallet & Co. | Scoop.it

With the majority of social media activity happening via smartphones and tablets nowadays, Target is promoting its deal program Cartwheel significantly via Twitter. Cartwheel is a Facebook and mobile app that lets consumers find and redeem coupons in-store.

sophiedesc's insight:

Great read, including a comparison of Target and Walmart Black Friday strategies in term of mobile and social engagement 

 

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How Mobile Coupons Are Driving An Explosion In Mobile Commerce

How Mobile Coupons Are Driving An Explosion In Mobile Commerce | Couponing, M-Couponing, E-Couponing, M-Wallet & Co. | Scoop.it

As recently as late 2010, mobile commerce was only 3% of e-commerce. By the end of last year's holiday shopping season, that number had risen to 11%, according to comScore. That's approximately $18.6 billion in consumer spending - and that doesn't even include travel-related purchases, which comScore counts separately. 


Here's a brief overview of why retailers and brands are offering mobile coupons.

sophiedesc's insight:

"At roughly 10%, the redemption rate of mobile coupons crushes that of print coupons, which hovers around 1%.

 

Coupons are a perfect medium to collect data on offline purchases and close the mobile-to-offline purchase loop.

 

If coupons are done right, they will weave a customer and a retailer or brand more tightly together."

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The 5 Cs of Modern Day Retailing, Personalizing Shopping With Mobile | Mobile Commerce Blog - SeeMore Interactive

The 5 Cs of Modern Day Retailing,  Personalizing Shopping With Mobile | Mobile Commerce Blog - SeeMore Interactive | Couponing, M-Couponing, E-Couponing, M-Wallet & Co. | Scoop.it
The retail industry is undergoing an evolution with consumers starting their shopping experience even outside the brick-and-mortar stores.
sophiedesc's insight:

Create a smooth and personalized customer experience by leveraging the mobile channel, together with context based content! 

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Using Mobile Marketing? Subscribers Want (Mobile) Coupons!

Using Mobile Marketing? Subscribers Want (Mobile) Coupons! | Couponing, M-Couponing, E-Couponing, M-Wallet & Co. | Scoop.it

Subscribers want coupons so that they can try out your offer before they chose to stick to it for good. Even those who are committed to using your brand look for the savings that are provided through coupons and value them being presented to them for use. Successful businesses also use coupons as one of their marketing tools in order to increase their sales.

 

Using Coupons for your Business

 

Businesses can send coupons to their subscribers to build awareness of their products among new subscribers and convince even existing subscribers to develop customer loyalty or switch to a specific brand. When there are two choices available to a customer it could be your $2 coupon or BOGO coupon that makes the decision easier for the consumer and your company the winning brand.

 

Sending coupons to subscribers helps in inspiring repeat purchases, extending and uplifting any sales plan and also to empower the launch of new offers. This is not just hearsay, as many studies and surveys have been conducted concerning the effectiveness of business for those utilizing coupons.


Via Russ Merz, Ph.D.
sophiedesc's insight:

Of course they do! :) 

 

"Coupons are a way of convincing your subscribers to move towards a subscription plan or a full price sales offer. If they can do so at a tremendous discount it is far less stressful. It also helps reactivate those who haven’t bought either a service or a product for some time. They get the coupon and instantly are reminded of how good your product or service really was."

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Eric_Determined / Eric Silverstein's curator insight, September 1, 2013 4:27 PM

While we may all agree that providing incentives should drive further sales, one has to have a clear strategy and goals in place before implementing same.

 

Do you agree with the statements made in this article? 

 

What are your thoughts on mobile coupons?