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Building An Online Coupon Program To Generate Incremental Sales

Online coupons continue to be a great way to increase sales in a down economy. Online coupon activity can be designed to help drive site visits, promote specific products and reinforce brand loyalty. And, with the correct social marketing strategy, the viral component can exponentially expand your customer database. Lorél Marketing Group shows you how these 9 keys points can build your online coupon program to generate incremental sales.

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Key Points

  • Keep the coupon program targeted
  • Target purchaser to reinforce behavior – “Buy 3 for the price of 2”
  • Target to retain customers and build loyalty – “Customer Appreciation Day”
  • Target new visitors and get them into a pattern – “10% off your first purchase”
  • Limit the duration of the offer – get consumers to react
  • Learn to manage and control the coupon offers
  • There are many ways to distribute coupons
  • Viral marketing to promote the coupon program
  • Think about maximizing your on-site support of the coupon program