Commentary

Gimme Coupons: Consumers Will Sign Up For Emails To Get Them

Almost all consumers like coupons. And they will do several things to receive them, including signing up for emails, according to Coupons, Discounts & Bogos Oh my! A study from ActiveCampaign, conducted by Ascend2.  

Of the shoppers polled, 77% prefer email as the channel for receiving ecommerce coupons, although 31% like SMS and 17% prefer social media.  

At 90%, people in the Boomer+ category are most likely to like email, versus 81% of Gen X, 72% of Millennials and 70% of Gen Z.  

Shoppers would take the following actions to receive a coupon from an online store:

  • Subscribe to receive their promotional emails — 64% 
  • Like them on social media — 47%
  • Subscribe to receive promotional emails from their partner stores — 46% 
  • Follow them on social media — 42%
  • Share an offer from the online store with a friend — 39%
  • Post and tag them on social media — 17% 

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Consumers care most about:

  • Prices — 80% 
  • Product quality — 68%
  • Product selection — 57% 
  • Discounts offered — 42% 
  • Shopping experience —  25% 
  • Personalized features — 8%

What would persuade them to jump to a competitor? They cite:

  • A coupon for 20% of my whole purchase—70% 
  • Free shipping—63%
  • A buy one, get one free offer—49%
  • Product availability (unavailable elsewhere)—46%
  • A coupon for 20% off one item—43% 
  • Free returns—32%
  • Nothing. I’m brand loyal—2% 

Consumers are savvy about the timing of deals — 70% waited for something to go on sale before purchasing in the last year. But don’t push them. 

What is a fair coupon expiration date? They say:

One week from receipt — 10%

One month from receipt — 52%

One year from receipt — 28%

Coupons should never expire — 11% 

Shoppers are most likely to use these types of coupons:

  • Free shipping — 73% 
  • % based discount —64%
  • $ off offers — 62% 
  • Buy one, get one free (BOGO) — 54% 
  • Buy more to save more — 16% 

At 75%, Boomers+ (54-77) are more likely than other generations to switch for free shipping.  

Overall, 57% of shoppers visited one to five online stores in the past year, and 31% from six to 10. And 10% have gone to 11-25. 

Once on these sites, 47% have purchased 11-50 individual products, 24% from 51 to 200 and 22% from 11 to 50. 

But it depends on the generation. 

Among Boomers, 69% visited one to five online stores in the past year, and 22% visited between six to 10. Moreover, 50% bought from 11-50 individual products online in that timeframe. And 27% purchased from one to 10 and 19% from 51 to 200. 

Gen Z was even more active — 57% visited one to five online stores, and 35% visited six to 10.

In addition, 54% bought from 11 to 50 individual products and 27% from one to 10. Another 17% purchased 51-200 products. 

Ascend2 surveyed 1,044 consumers who have made an online purchase in the past 12 months. The survey was conducted in October 2023.

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