What if you sold 3x more than your competitors?
One of the oldest techniques to boost revenue is by using promotions and discount codes. Statistics show that 48% of people get hold off products sooner when they have possession of coupons. Approximately 37% of customers procure more than they usually would, using promotional codes.
Coupon and promotional marketing is a significant way to capture your audience, especially your intended audience. This marketing strategy takes advantage of consumer interest in saving funds on purchases (after all, who doesn't love discounts?). But when you lean on promotional marketing, you need to have relevance, timeliness, value and revenue in a given span of time. You can find many ways to develop and reap the benefits of this coupon bonanza.
Studies show that 68% of consumers believe that coupons generate loyalty, while 70% love receiving ‘discount codes’ for products. You need to ensure that your promotional coupon is clear with the message and designed well with clever images and brand information. Creating a sense of urgency in your coupons will push a vast audience to check out your website and try out the various products. Having restricted period offers can act as a booster for increasing your business's revenue potential and conversion rate while heating the competition. If you haven't yet, create an account on our platform and get a flavour of coupon modules.