What are the Advantages and Disadvantages of Coupons?
Coupons may attract new customers to your business, increase relationships with existing ones, and generate revenue. You may display actual coupons in your store, while advanced coupons can be displayed on your website and via web-based media.
Assuming the offer holds, 60% of customers would try another item, while 46% say they will alter their original purchase.
It doesn't matter if a coupon is for a real store or a business's website, it is a powerful way to increase sales. Since coupons might drive lesser benefits for every sale regardless of new revenue, it's important to establish a system while making them familiar to your customers.
Usage of Coupons & its Drawbacks
Coupons are inconvenient for your business since they cost you money. You will lose money if you provi...