Posts Tagged ‘digital coupons’

Top 5 Local Ad Stats of the Week: Daily Deals & Digital Coupons

Friday, August 8, 2014

While the daily deal craze has somewhat settled down over the last few years, there are still strong supporters of this marketing tactic.  And with the proliferation of smartphones and mobile devices, digital coupons are becoming more widespread and offer conveniences that paper coupons can’t.

Some marketers find that daily deal websites are ideal for introducing new products, brands or businesses to the market. People tend to be more willing to try something new if there is a deal attached to it, rather than pay full price for something they aren’t sure about.

All in all, people like discounts and here are some stats on how daily deals and online coupons are functioning in the marketplace:

  • 53% of SMBs said daily deals are the most effective technology tool in attracting new customers. (Constant Contact)
  • 80% of marketers have no plans to use daily deal sites, such as Groupon or LivingSocial, in the near future. (Social Media Examiner)
  • More than 70% of digital coupon users will use a mobile device to redeem a discount in 2014. (eMarketer)
  • When asked about unplanned purchases, 21% stated they bought from daily deal websites and 28% claimed they buy products they had never bought before from daily deal websites. (Ryan Partnership)
  • 68% strongly believe that digital coupons have a positive impact on a retailer’s brand. (RetailMeNot)

Be sure to check back next Friday for our next edition of Top 5 Local Ad Stats of the Week. Have a great weekend!

Digital Coupon Use Grows 100% Year-over-Year

Tuesday, July 27, 2010

We’ve noted several times in recent months how important digital coupons are becoming to the local shopping experience. This year alone, increased consumer usage has helped drive new digital coupon services from Yellow Pages companies such as DexOne and SuperMedia, which are eager to help local businesses generate additional leads through this increasingly popular marketing tool.

Now, new research released this week by Coupons.com shows that digital coupon revenues at the company grew an astounding 100% during the 12-month period ending June 30. According to the company, more than $1 billion in digital coupon saving was printed or loaded to a store loyalty card via its website and online network during that period, outpacing the growth of coupons distributed in newspapers 10 to 1.

Coupon.com said that 46.4 million American consumers—or 20.8% of the U.S. population—are now using online coupons, up from 40.2 million in 2008. The company also noted that of the 46.4 million consumers now using online coupons, 12.9 million do not read any part of the Sunday newspaper, an 18 percent increase over 10.9 million in 2008.

Other interesting stats from the release include:

  • Searches on Google for “Printable Coupons” increased 67% year-over year.
  • Access to exclusive deals or offers like digital coupons were the number one reason consumers followed a brand on Twitter or Liked a brand on Facebook, according to a report by Razorfish.
  • Consumers who print digital coupons have an estimated average household income of $96,000, a 14 percent higher income level than the U.S average. Adults with household income of over $100,000 are twice as likely to have redeemed coupons printed from an online source than adults with household income less than $35,000.
  • 33.4% of those who print digital coupons have a college degree (up from 30.4% in 2008), compared to 28.9% of those who use newspaper coupons and 26.1% of the general populace. Also, adults with college degrees are almost twice as likely to have used coupons in the past six months as those who didn’t graduate from high school.

Given the fast growth of this online product, I’m excited about Yellow Pages’ existing presence in the space and look forward to seeing how our members’ offerings generate additional leads for local businesses.

For more information, including the popularity of digital coupons by product category, read the Coupons.com press release.

Dex One Adds Digital Coupons

Wednesday, June 9, 2010

Over the past few months, we’ve talked about the growing popularity of digital coupons in the online—and offline—local shopping experience. As Neg Norton noted in a column on Search Engine Land in March, approximately 35% of U.S. online users surveyed in a recent Compete.com study said they visited coupon sites when shopping online.

So it comes as no surprise that the Yellow Pages industry is increasingly adding online coupon offerings as a means of driving new business leads for its customers.

This morning, Dex One was the latest YP provider to join the trend. The company announced a new service that allows businesses to “create, publish, and prominently display unique digital coupons” on Dex One’s popular local search sites, including DexKows.com and DexKnows Weddings. Businesses can customize their coupons with unique messages, logos, and other features, according to the company.

Earlier this year, SuperMedia launched 72 city-specific Twitter accounts that distribute thousands of coupons from its local business listings at no cost to owners.

I’m glad to see that our industry is taking advantage of this new opportunity to provide businesses and potential customers with yet another platform to find one another and complete sales.

SuperMedia.com Launches City-Specific Twitter Accounts to Distribute Online Coupons

Friday, March 19, 2010

In our “Locals Only” column for Search Engine Land this month, we talked about growing online demand for digital coupons and the opportunities this presents for local businesses. According to BIA/Kelsey’s User View Wave 7 Survey released last week, 58% of respondents reported using an online coupon when shopping for products or services in their local area in the past year.

SuperMedia.com, which launched a local search Twitter channel last September (@sp411), announced yesterday that it’s tapping into the coupon trend by launching a new initiative on Twitter to drive more leads to its business listings. In a release, the company said that it has started distributing thousands of coupons from its local business listings to 72 city-specific accounts on Twitter—at no cost to business owners.

Businesses which upload coupons to their Superpages.com business profile page will see their coupons tweeted on their local SuperMedia Coupons Twitter channel. Among other options, businesses will also be able include a promotion code to track specific offers.

This is just another example of how Yellow Pages companies are taking advantage of new online tools to generate value for their business and consumer customers. We look forward to seeing how both sides take advantage of this new program.

New Online Destinations Create Local Marketing Opportunities For Small Businesses

Tuesday, March 9, 2010

In my article posted on Search Engine Land this week, I discuss how advances in digital offerings are presenting small businesses with a growing range of possibilities for where to spend their ad dollars. Additionally, I discuss how owners these days are faced with the difficult task of determining how to link old and new initiatives into cohesive strategies that deliver the strongest rates of return for their businesses.

Since the start of the year, we’ve shared announcements from several major Yellow Pages companies including SuperMedia, Dex One Corp., The Berry Company, and Yellow Pages Group about new services, partnerships, and acquisitions that provide small business with the means to combine the most recent digital marketing possibilities with traditional print and online options that they’ve used for years.

Today, it’s not just about Internet Yellow Pages, which millions of small business already know and use. I’m also talking about new vertical web sites including digital coupon sites, shopping comparison sites and user review sites that are among the latest drivers of local leads and are increasingly being added to the portfolios of various Yellow Pages companies.

For my thoughts, check out my Search Engine Land column here.