Coupons and Rebates 101

In the past few years, product prices have started to grow significantly, even if the economy isn’t really in its peak point right now. This is the main reason why checking out rebates and coupons is a necessity, so let’s understand what each other does and how can they help us.

Rebates and Coupons 101

What is a rebate?

Rebates are basically the return of a purchase price to the buyer. These are usually provided in the form of spending points, so you do get the ability to spend less, the catch however is that you need to shop from the same company, which might prove to be a little inconvenient for some.

What is a coupon?

Coupons are tools that allow you to get a discount for any product or service. These are usually created by manufacturers or publishers in the case of services, and these will feature a specific savings amount or include a variety of special offers that will engage people to spend more by getting multiple products at a discounted price.

How to save money with coupons and rebates?

First you need to understand which companies offer rebates and coupons, then start gathering the coupons. Rebates will be offered after your purchase, once the invoice is filed, however if you want to choose coupons you will need to get them beforehand. Some coupons are general, which means that you can use them with multiple items, however there are others which are product specific, so keep that in mind when you purchase with them. Coupons will have to presented at the cashier when you complete your purchase so you can take advantage of the offer. Also, you can get coupons online and use them when you shop online or print them for use in real life stores.

Strategies

You always need to shop in generous stores, as there are many which offer great rebates and strong discounts via coupons, so you need to do a lot of research if you want to get the best deals. Another great strategy is to match sales with coupons, as this will bring you immense benefits since you can get amazing deals.

When it comes to rebates, always ensure that you purchase from the same place as this will give you the best rebates all the time. Of course, try to combine that with some coupons as well, to further lower the prices and get an even better deal. Be precise and patient when you want to use coupons in order to spend less, sometimes you will have to wait until the best coupons arrive, just keep that in mind!

Facts

Around 78% of the entire US population actively uses coupons and rebates, no matter if they do so online or offline. Around 40% of the entire smartphone users in the US are changing their phone with the help of coupons or rebates, and on top of that there are around 25 million Americans that use mobile coupon apps each month in order to acquire price reductions.

In conclusion, both rebates and coupons are offering amazing opportunities that bring in front amazing results and the ability to access a stellar outcome, it all comes down to finding the right companies that offer rebates and coupons or spending a lot of time online getting the best deals. At the end of the day, these are created to help you save money, so that’s what matters the most!

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