Money Business Talk
August 09, 2011, 05:32:07 PM *
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Author Topic: How do couponers actually make money off coupons? it makes no sense!?  (Read 16 times)
Michael_Mcmillan
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« on: July 22, 2011, 02:15:04 AM »

My sister was watching Extreme Couponers on TLC or whatever and i sat down to see what it was about. This one lady had 3 shopping carts full of stuff with a bill of roughly $1300 dollars. But then she whipped out a knot of coupons and after all was said and done the store actually owed her $0.31!!! How does that make sense? I understand like the buy one get one free idea... but your still buying one! Or spend $10 save $5... but your still spending $5..... How does this work? Please someone explain it to me.
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Cory
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« Reply #1 on: July 22, 2011, 02:56:54 AM »

They don't actually make money. They just spend less of it with the help of coupons. Pick up a coupon and read the description telling you how to save money on the product.
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James
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« Reply #2 on: July 23, 2011, 01:12:54 AM »

Careful planning and a little work. Looking for specials and finding coupons to match. You only buy what you use though. They exaggerate it for show on tv but the concept is sound. My wife and I have averaged $90 per trip since 84. Before all these people started telling folks how.
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Daily_Money_Saving
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« Reply #3 on: July 24, 2011, 03:03:34 AM »

You can certainly, at times make money using coupons at the grocery store although I find it more common at CVS.  

At the grocery store, say for example there is a B1G1 on an item that costs $1.  That means that now the item is really .50 cents each.  Please note, most B1G1 deals are really just 1/2 off - not really buy 1 get 1 free.  Anyway, now you have an item that cost .50 cent each and you want to buy 2.  You have (2) -.55 cent off coupons that you can use on each item.  In this case, you have just "made" 5 cents per item.

With CVS and their Extra Care Bucks program, you can combine sales and coupons to get items for free and you can also get ECB's - which are essentially CVS cash and can be used on any purchase in the store.

Here's an example:
Earn $1 ECB's wyb Crest toothpaste for $1 each.
Use a $1/1 coupon to get the item for free + you get $1 in ECB's that you can use on a future purchase on anything in the store.  Bottom line... you just made $1 for every tube of Crest toothpaste you bought.
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