December 29, 2008

BASICS: Find Internet Store Coupons

So you are one click away from completing your purchase.

You've done your research by comparing competing products, read all the customer reviews, found a great deal, chosen the right credit card to optimize your rewards, and used the affiliate link to receive cashback.

Before you purchase, do one more thing. Look for a coupon! There are many, many resources available for find that coupon.

It always bothers me when I'm about to purchase something and I see a blank field for "Apply Coupon". That button must be there for a reason! There's a coupon I'm not using!

What should you do now?
  • Do the trusty google search with keywords of coupon, deal coupled with the store name
  • Search specific coupon websites: SlickDeals, DealCatcher, CouponCabin, DealTaker, other sites. I am especially fond of RetailMeNot.
  • Search ebay for store coupons. You'd be surprised what you can find for the bigger retail stores.
  • Certain stores will email you coupons if you agree to marketing offers (notorious ones being Staples, OfficeMax, BedBath & Beyond, etc). Paypal is one example of this.
  • Certain stores have yearly Friends & Family discounts for which you have to be neither friend nor family (Brooks Brothers, Banana Republic, Rockport, etc).
Some of my experience
  • Amazon: Don't bother looking. Never has real coupons. You could try the 5% discount trick
  • Bed, Bath & Beyond: These 20% off coupons are everywhere
  • Barnes & Noble: Frequent coupons 15-40% off. Combine it with the 15% B&N Membership card
  • Buy.com: Minor coupons (i.e. $5 off $100) available only for new members. Those free email accounts come in handy here.
  • BestBuy, Lowes & Home Depot: The Post Office has a moving packet which often has 10% off coupons for these stores.
  • Staples: Great coupons on Ebay. For example, $30 off $150 coupons can be bought for $2-$4.
Caveat: Some coupons may void cashback. I found this to occur less than 5% of the time. Weigh the size of the coupon vs the cashback amount to decide your risk tolerance.
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Pro: Save money
Con: Takes time to search for coupons. It can feel like searching for a needle in a haystack. Can sometimes be frustrating and fruitless.

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