Give one example for coupens?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
Give one example for coupens?
Expert Solution
Step 1 Meaning of coupons
Coupons are quite popular marketing technique which is used in the modern day market to lure the customers.
It is a sort of redeemable ticket or document which can be used to get a financial profit such as a discount or a rebate while making the purchase of the product. They are a part of sales promotion and are widely distributed through newspapers, social media, e-mail, mobile devices etc.
In most cases the coupons are subjected to certain conditions and also have an expiration date before which they can be used by the buyer.
Step 2 Example of coupons
Some of the popular examples of coupons are as follows:
- Buy one, get one free coupons
- Coupons code discounts
- Cashback coupons
- Lifestyle discount coupons
- Flash sales and discount coupons
- Free shipping coupons
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