Coupon Code:
A method of offering
selected customers a bonus in form of a discounted sales price
as an incentive to buy a product
/service.
If an Internet
marketer releases a new product he may want to give the
subscribers to his mailing list a rebate. He can do that by
mailing them the offer with a link
to the sales
page
plus a Code they
have to enter in the Coupon Code field on the order
page.
Example for the use of a Coupon Code for the
Visitor Sense Videos by J.P. Schoeffel. The Code was sent
out by email. After entering it in the Coupon field and
clicking the Update Form button (upper window) the new
payment window (below) showes a discounted price of $500
less than the regular sales price.
Product sellers can
also allow Joint
Venture partners to
offer their subscribers a Coupon
discount.
According to test
results Coupons can improve sales conversions
enormously as customers love this form of special
treatment.
[Coupon is from Old French
colpon = a piece cut off; colper = to
cut;
Code comes from Latin codex, caudex =
tree trunk, book (as books were originally made from wooden
tablets)]
Recommended Resources:
-
Rapid Action
Profits
is a handy script which covers
almost all points of the online
sales process including creating
and managing Coupon Codes. Saves an
incredible amount of time and
troubles.
|
|