Public Relations & Social Marketing Insight
443.6K views | +2 today
Follow
Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
Your new post is loading...
Your new post is loading...
Scooped by Jeff Domansky
Scoop.it!

Coupon Statistics: The Ultimate Collection

Coupon Statistics: The Ultimate Collection | Public Relations & Social Marketing Insight | Scoop.it

For many, coupons have strange connotations. They're something moms cut out, or they're only used by poor folks or the elderly.


In reality, the opposites of these are true - coupons are incredibly popular among affluent folks and millennials (not to mention every other demographic), and they don't even have to be printed out anymore, so keep your scissors in the junk drawer.

 

As these statistics reveal, the coupon is still a driving force in commerce that connects people (and their wallets) to brands. People will never tire of saving money, and brands are always looking to bring in new customers. Mix in a decade-long struggling economy, and you have a savings-savvy mindset that isn't going away anytime soon.


Enjoy this collection of coupon stats, which we plan to keep updated with the most current and relevant research on an ongoing basis. If your company has completed research into these fields that we should include, please let us know....

Jeff Domansky's insight:

Every recent, relevant coupon statistic, all on one page by Brandon Carter. Seriously recommended reading for Marketers. 10/10

No comment yet.
Scooped by Jeff Domansky
Scoop.it!

How banks can power their loyalty programs

There are a lot of loyalty programs out there that don’t do justice to the term loyalty. On average, consumers belong to eight loyalty programs. Do the companies that offer loyalty programs really understand loyalty? Or are they just implementing programs to keep up with their peers?


Did you know that 56% of affluent middle-class Americans are currently members of bank loyalty initiatives? However, only 23% of consumers  

say that offers or deals they receive from businesses are relevant to them. The remaining 77% think the offers they receive via email or mail completely miss the mark in terms of relevancy.


More and more consumers are becoming exhausted with the constant stream of offers or deals they’re barraged with daily.  A phenomenon that is known as ‘offer fatigue‘ – a customer’s resistance to reading through yet another deal, coming at them via every communication channel imaginable....

Jeff Domansky's insight:

Marc Franco shares his thoughts on the current state of loyalty programs, how miserably they're failing and how big data analytics is the next logical step.

No comment yet.