Wednesday, July 13, 2011

Common Terms used in the Couponing World

Purchase: a purchase refers to buying any item. If you buy 30 items on a single shopping trip, you just made 30 purchases.

Purchase-Based Coupon: Purchase-Based coupons specify a dollar amount off a minimum dollar future purchase. Some common values: $2 off $10, $3 off $15, $4 off $20. Purchase based coupons may be used in addition to store and manufacturer coupons.

Rain Check: A Rain Check is a written slip that you can request from a store when a sale item is out of stock. When the store restocks the item, after the sale period is over, a rain check entitles you to purchase for the previous sale price. Store may include an expiration date as well as a quantity limit on your rain check. Rain checks are usually issued at the customer service desk.

Rebate: A rebate is a refund of part or all of the amount paid. Rebates are sponsored by a store or a manufacturer. Either clip and mail UPC barcodes or enter receipt proof of purchase online, then wait for your rebate check in the mail.

Rolling Catalinas: refers to the practice of separating your purchase into multiple transactions in order to use register catalina coupons from your first transaction to pay for your second transaction. Another catalina prints from the 2nd transaction that pays for the 3rd transaction and so on.

Stacking: Stacking may refer to using any two promotions together. When a coupon coincides with a promotion, we say “stack the coupon with the sale or promotion”.

Stacking Coupons: Stacking coupons refers to using both a store coupon and a manufacturer coupon on one product. Nearly all stores will allow you to “stack”. Only one manufacturer coupon may be used per item.

Stockpile (v.): to buy many items at a time in order to build your stockpile.

Stockpile (n.): a food storage or stash of food and non-food items. Stockpiling is a key principle to The Krazy Coupon Lady methods. Buy items when they’re on sale and you have a coupon. Buy products before you need them and build up a stockpile of food and toiletries. When you run out of an item shop from your stockpile.

Green Bag tag: A tag that you can purchase for $0.99 at CVS (sometimes the CVS machines will print out coupons for these tags for $0.50 off, making the tag only $0.49). As long as it is attached to a reuseable bag the cashier will scan it up to once a day. Every fourth time it is scanned you will get a $1 back in Extra Bucks. Just a perk of shopping at CVS!

Transaction: a transaction refers to your entire purchase, especially the payment you make for that purchase. If you buy 30 items and then pay the cashier, you just made one transaction.

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