After learning how to post a coupon in your App, it’s time to create a coupon that will work best for your business.
For coupon newbies, a few examples of coupons that you can easily post are "Buy one, Get one free", "X% Off", "Free Gift with Purchase", etc.
So, which coupon is best for your business?
The objective of coupons is to incentivize more people to make a purchase. With coupons, you temporarily make less profit on the items included.
Sometimes businesses even choose to lose money on some items, just to create more traffic and purchases. You can even consider free gifts, as long as it brings customers to your business. This increases awareness for when potential customers are in need of your products and services.
Customers enjoy low prices and the business enjoys higher sales and effective customer acquisition. It's a win-win situation.
However, coupon distribution should be limited because it could lead to income loss.
With AppsVillage, you can choose the expiry date of each coupon and the number of total coupons available. After reaching the limit, your coupons will show "SOLD OUT" and will no longer be available. Other ways to limit coupons are to offer them with specific items or to designate a purchase threshold that will reward high-paying customers.
AppsVillage App requires the App admin to approve each coupon redemption. Therefore, the terms and conditions are up to you. Your App - your rules.
Sample coupons made on the App:
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