Here @feliciteadigitallab we have a pretty lenient coupon policy. I give out coupons for unsatisfied clients
For instance clients often wait too late to submit content and then get upset when the turn around is later than expected … Obviously not my fault however in this case I would issue a coupon certificate to be used off their next purchase in the category of the previous purchase. For example limited to - - Print service - Digital products - Web development ⠀⠀⠀⠀⠀⠀⠀ ✨ Things To Keep In Mind When creating your own coupon policies Coupon limitations - One coupon per customer a week/month depending on your policy. - Use Date deadlines - Most people forget to use them while VALID - Use technology by Capturing the IP address of customers who use customers once and then not allowing any more coupons to be activated for the IP etc.. - If you use the WIX platform you can limit the coupon not only to how many a client can use but also who can use what ! ⠀⠀⠀⠀⠀⠀⠀ ✨ Why coupons > How do they benefit your business ? Aren't I just losing money ?
The coupon is working to gain attention for the brand and may possibly create a loyal user for life. People always love to say
“pay me what Im worth “ Or
" Im not doing discounts Because this brand didn't "… For example - Louis Vuitton
Although you can find discounts at many stores for this brand, you can not use coupons directly at their stores [ of course the goal is to eventually reach this status ] HOWEVER
The difference between this brand is yours is that you are in the works of building your brand while they are well established !!!! ⠀⠀⠀⠀⠀⠀⠀ ✨ How to NOT LOSE MONEY WITH COUPONS ? Offer Fewer but Bigger Discounts. - Instead of Using Sales to Attract New Customers, Focus on Loyalty Discounts for Existing Customers. Increase the Perceived Value of Your Products. EX; If your shirt is $60 Boost up the retail price to $80 And let the coupon be for $20 People like to be perceived to save money When in all actuality they paid full price ⠀⠀⠀⠀⠀⠀⠀ ✨ These are just some tips and tricks I have used to help build my brand and grow my business. If you have any specific Topic that you want me to specifically touch on feel free to shoot us a DM . Check Us Out @ | FELICITEA.NET #thisisNotARealCoupon