What is Coupon? The same or similar meaning as well as vouchers, gift cards, promo code, discount code or cash back. Those are use by the customer to purchase goods or conduct other businesses for a special privilege at the event. May be physical bond, it may be some kind of special agreement mark (such as the code used on the Internet).
Coupon is often confused with Voucher. Coupon code is consumer must first spend to get a discount or giveaways, voucher is direct access to products or services.
Coupons are issue for the promotion. So, merchants or other entities generally do not allow coupons to be converted into general currency. They can only be used for certain places or for specific periods only.
Manufacturers or distributors often giving out some tickets on newspapers, catalogs, or flyers that customers can use to enjoy discounts when shopping. These tickets are call Coupon in the United States .
The behavior of a merchant issuing a Coupon is economically regarded as price discrimination. It generally does not derogate from having different prices for customers who have different spending power or habits.
Coupon Code on the Internet
It is also popular at mobile scanning the QR code to get discount by showing your e-coupon on your mobile phone at restaurant, hotel, stores..etc.
Today, many online shopping sites have provided coupons to get more sales. It may get some discounted or free shipping and other benefits. When shopping online, often see many of them provide a code with a bunch of numbers/letters instead of physical coupons.
Or you may receive it from e-mail and sms in order to achieve the purpose of discount. There are also some businesses that may allow consumers to download and print.
Coupon can help consumers save more and products become more cost-effective. When the day there is no online shopping, we need to be in a period of time to get discount at shopping malls. But with the online shopping experience now it become more convenient to us.