With 40 percent of consumers searching for coupons and deals before leaving the house, coupon redemption has continued to grow in 2011, up 2.9 percent from 2010. A recent study shows 89 percent of Americans regularly use coupons when shopping for groceries, household and healthcare items, and 2010 saw the largest number of coupons in any year on record. 

“It’s easier than ever to save money by using coupons and getting creative. This September Valpak is celebrating National Coupon Month by sharing some of the company’s favorite tips, many collected from consumers on our Facebook page,” said Deanna Willsey, director of corporate communications at Valpak. “Valpak challenges consumers everywhere to see how much they can save in 30 days – by using coupons and other money-saving activities.”

To inspire consumers to have fun saving money, Valpak also released a new coupon video, “Coupon Me, Baby.” Follow Valpak on Facebook and Twitter for chances to win $1,000 in cash (through Nov. 4) and one of 90 copies of consumer advocate and savings expert Clark Howard’s latest book, “Living Large in Lean Times,” his ultimate guide to saving money.

The 30-day challenge:  

Read more: http://www.sunherald.com/2011/08/24/3371509/valpak-celebrates-national-coupon.html#ixzz1WRQ6aQyJ

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The recession has encouraged a host of deal-seeking behavior among consumers, including searching out online and mobile coupons as well as taking advantage of daily deal offers, which have risen in popularity dramatically. And thanks to television shows like “Extreme Couponing” where shoppers save hundreds of dollars during strategically planned supermarket visits, old-fashioned coupon-clipping is back in the spotlight, too.

Though shoppers still scour the Sunday paper for coupons, those free-standing inserts have the lowest redemption rate of all formats, according to NCH Marketing Services. Instantly redeemable grocery coupons featured on the outside of a package were the most likely to be claimed, followed by coupons downloaded from the internet, at nearly 17%. Health and beauty products had a 13.6% redemption rate for the same digital format.

http://www.linkedin.com/news?actionBar=&articleID=709099885&ids=0Vd3sMe3oOcjsIdjwUejAMej0Tb3kPdjcTej4NdOMSe3gVdPsNcjsIcPkTcz8Scj4T&aag=true&freq=weekly&trk=eml-tod-b-ttle-80

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29

Aug

Coupon Me, Baby!

Coupons, Video // No Comments

Coupon Me, Baby!

http://www.youtube.com/watch?v=KonfvhmIXCM&feature=email

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For more than 30 years James Nixon, Owner of Nu-Way Cleaners, has advertised with Valpak and he says, “Valpak is better than any other direct mail piece I have used.” The truth is in the numbers and James tells us his statement is backed by redemptions. He has a member of his team dedicated to tabulating all of the marketing methods Nu-Way Cleaners uses. Looking back over the years, James says that in 2000 he questioned the power of The Blue Envelope and stopped mailing “just out of curiosity and to see how we’d do without it.” Within six months Nu-Way Cleaners was once again advertising in Valpak — and has been ever since.

In addition to The Blue Envelope, James also promotes his offers on the Valpak Digital Network. He reports that the number of Valpak.com views and prints for Nu-Way Cleaners coupons are consistently high and his redemption ratio ranges from 40% – 80%. Recently, James signed up for the Valpak SMS Texting program and at end of June reported that more than 150 members had already signed-up to receive his “Coupons by Text.” This advertiser reaches 50,000 homes per mailing.

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“Alright, you caught us. We’re actually not making any money. In fact, we are really losing a lot of money.”

This is the essence of Groupon’s declaration last week that it will remove the controversial accounting metric called Adjusted Consolidated Segment Operating Income (ACSOI) from its financial statements. ACSOI essentially measures Groupon’s profits before subtracting its subscriber-acquisition costs and stock option-based compensation. The metric was an attempt to put a thin veneer of respectability on what are extremely disconcerting profitability numbers for the company. In the first quarter of 2011, Groupon posted a net loss of $113.9 million. Yet, the company reported ASCOI of positive $80.1 million. In most recent quarter, Groupon’s losses continued to mount as it begrudgingly abandoned the ACSOI metric amidst criticism and incredulity from the SEC.

But what is most interesting about its emphasis on the ACSOI metric is that, deep down, Groupon knows what we all know: good investments are profitable investments. It was simply not enough for the firm to report earnings and explain that it was investing for growth. Rather, Groupon felt the need to include a metric of profitability, no matter how contrived, that was actually positive.

http://blogs.hbr.org/cs/2011/08/groupon_doomed_by_too_much_of.html#.TkuupP4XcRc.email

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Great article found from The Squeaky Blog. Click the blog link for full article.

Chicago-based start-up, Groupon has taken the world by storm with their daily deals, offering consumers deep discounts from featured retailers. But is their business strategy focused less on the merchants who offer these deals and more on their own profits? We’ll begin this post with an example of a Groupon offer hurting a business and follow it up with an example of how it has helped a business in order to try and determine what can be done to create a mutual benefit for consumers, merchants and Groupon.

Click Here to read the full article: The Squeaky Blog.

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With all of the “Deal of  the Day” sites like Groupon popping up selling off gift cards at half their face Value, the question of profitability often arises.  Here is a good article weighing the options for advertisers.

Click below to read the article at Business News Daily.

Coupons for Business | Best Daily Deals | Business News Daily.

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Valpak Network Products – Grocery.com.

Valpak Network Products is an e-commerce business under its parent company Cox Target Media. The company reaches out to its advertisers and customers through its dedicated website valpak.com.

History
Valpak was created in 1968 and since then, the company has helped a hundred thousand businesses and more in attracting consumers with specific advertising. Terry Loebel, Valpak’s founder, started the business by mailing 14 coupons to 20,000 homes in Clearwater, Florida. In 1982, Valpak began its expansion in Canada. By 1986, Valpak’s ownership was transferred to a set of investors who bought it from Loebel. For the next five years, Valpak was managed by these investors until it was acquired by Cox Target Media in 1991.

In 1994, the URL valpak.com became registered. By 1995, the first coupon that was posted on valpak.com was from Fox Photo’s. In 2006, Valpak and Google partnered in a project that allowed for providing online coupons via Google Maps. In 2009, Valpak mailed 20 billion offers in nearly 500 million envelopes. The company also reached over 420 million individual addresses every month across Canada and the United States. In the same year, valpak.com also offered 460 million coupons that were viewed on the website. Each month, the website averages about 38 million coupon views from consumers.

Currently, Valpak Network has 188 franchises, all of which are active, across Canada and the United States.

How the Valpak® Network Works
The Valpak network offers direct marketing to its consumers, from online delivery to direct mailing of product offers.

Highly screened and quick to respond consumers are presented with Valpak’s product offers either by mail or through www.valpak.com. Once registered in the website, shoppers can then proceed to choose and printing their coupons of preference. Before any printing can be done, users need to download and install the Coupon Print Manager application first.

To search for coupons on the website, the user first has to enter the City and State or the Zip or Postal code in the search bar. To access grocery coupons, click on the “Grocery” tab on the website and you will be directed to the section that offers all grocery coupons. Consumers should take note however that they can only avail of Valpak’s offered coupons if they become exclusive members and have been signed up for the network’s mailing list.

Stats
Headquarters: St. Petersburg, Florida
Company Type: An Affiliate of Cox Target Media/Cox Enterprises
No. of Employees: 1,011 associates
Geography: United States and Canada
Demography: All types of shoppers

Brands
Valpak and Valpak.com

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By: Mark Haslan
April 27th, 2011

During the recession, small businesses may have increasingly adopted digital advertising channels as a result of their cost-effective properties relative to print strategies such as direct mail, but there was at least one print channel that remained strong: coupons.

For Full article Click Below:

Small Business & Graphic Design News » Coupons are effective print strategy, especially during recessions.

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For those who like discounts, but hate to clip. Here’s a not-so-new trend that is currently seeing huge growth: coupons sent to your mobile. I admit to using digital coupon codes constantly when shopping online and this sounds just as good — and easy.

Read the full article below taken from Threeminds.organic.com:

Mobile Phones Brings “Coupon Culture” To A New Audience « Threeminds.

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