
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.