Do you want to earn money by buying and selling coupons from the comfort of your own home?
If you answered yes, here are six simple steps to profitably buy and sell coupons online.
Despite the fact that there are no laws explicitly stating that purchasing and selling coupons is illegal, many people make a lot of money doing it both online and offline.
Coupons are used by people who want to save money when they go shopping in malls, grocery stores, and online stores, among other places.
Many who want to make some extra money in their spare time without jeopardizing their day jobs sell coupons.
What exactly are coupons?
Simply put, a coupon is a piece of paper or a certificate with a stated value for the purchase of specific goods or services, as well as terms and conditions that must be strictly adhered to.
It’s just an easy way for food manufacturers or service providers to provide discounts on their goods and services.
Here’s a coupon website business plan, as well as some additional advice on how to get started buying and selling coupons.
How to Make Money Online by Buying and Selling Coupons
- Get an Internet-connected computer.
Even though you can buy and sell coupons in person, the largest market is still online.
As a result, the first rule of thumb in purchasing and selling coupons is to obtain a device with an internet connection.
This is your invitation to join tens of thousands of people around the world who earn money by buying and selling coupons.
- Look through online stores
Surfing the web on a regular basis will not only offer you opportunities but will also bring opportunities to you right at your door.
Have you ever found that when you visit or click on those websites, you are greeted with fantastic coupon offers?
If you want to make money by buying and selling coupons, you should pay attention to the pop-ups you see because they might save you money or give you some extra cash.
When purchasing coupons that seem to be too good to be true online, the rule of thumb is to proceed with caution.
This is because scammers can take advantage of it, and your fingers could be burned.
- Examine the Product Offerings
It’s important to study the demand and supply rates of the goods you want to sell if you want to make money buying and selling coupons.
There are goods with a limited shelf life; it is recommended that you choose these products even if the profit margin isn’t as high as you would like.
Real items with a longer shelf life will still offer you a higher profit margin.
The big question is: would you mind committing your funds for a longer period of time than expected?
If you only have a limited amount of money to spend in buying and selling coupons, it’s best to prioritize the frequency of sales over the profit margin.
- Recognize where you can get coupons
It’s as easy as purchasing a bottle of Coca-Cola to figure out where to get coupons.
You will almost always come across coupons for sale if you read popular magazines and newspapers, browse the internet, go to grocery stores, check your emails, and so on.
Check your spam folders frequently, since most of the emails you receive are advertisers attempting to sell you coupons.
Much better, if you really want to save money on coupons, you should consider purchasing coupon books, which contain a variety of deals.
You may also go to the manufacturer of the goods you want to sell coupons for.
In case you didn’t realize, most manufacturers sell coupons on a one-to-one basis for a fraction of the cost of what you might buy elsewhere.
- Invest in High-Value Coupons
The trick to making good money in any business venture is knowing how to spend your money.
According to studies, if you spend a small amount of money on coupons and then sell them, you can more likely make a lower profit margin than if you spend a large amount of money on coupons and then sell them.
- Recognize the Best Places to Sell Coupons
Purchasing coupons is easy, as previously said, and selling them is just as simple.
You’re curious as to why. It’s that easy!
Every product buyer wants to get a good deal, which is exactly what coupons do.
You will find prices for items that are too good to be true and tempting, to the point that you might be tempted to buy them whether or not you need them.
As a result, selling your coupons online is the most convenient choice.
Where Can I Get Cheap Coupons and Sell Them Online for a Profit?
The couponing trend has been rising for a long time, but with technology at our fingertips, more and more shoppers are receiving and redeeming promo codes digitally.
Though collecting coupons may seem appealing, businesses that distribute coupons consider it unethical.
There is no legal way to sell coupons that have value because almost all manufacturers’ coupon redemption policies explicitly state that purchasing and selling coupons voids the coupon’s value.
Even though “redemption fraud” is the legal word for redeeming a purchased coupon, there are a plethora of websites where shoppers can buy the coupons they want, even though the redemption policies are explicitly specified.
The coupon-clipping websites’ owners say that they are offering their service rather than coupons.
The service fees cover the costs of keeping the website up to date as well as clipping, grouping, managing, and mailing coupons.
The prices can vary from a few cents to a monthly subscription fee.
Notably, no law exists anywhere in the world that considers this form of service to be illegal.
“Selling or passing coupons to a third party breaches most manufacturers’ coupon redemption policies – and usually voids the coupon,” according to the Federal Trade Commission.
Keep in mind that the vast majority of customers who use coupon-clipping services or eBay will use the coupons that they have received.
And, most cashiers will have no way of knowing if a coupon was clipped at home or purchased from an online service.
However, if you’re wondering what’s ethical, the answer is simple: purchasing and selling coupons is unethical.
Various Sources for Low-Cost Coupons
Knowing where to look for the best coupons is a helpful starting point. Here are a few places to think about:
Coupons that can be printed
There is a slew of websites dedicated solely to shoppers searching for printable grocery and drugstore coupons online.
The majority of the sites have partnerships with national grocery stores and offer coupons exclusive to those stores.
Other websites offer national retailer coupons as well as arrangements with grocery store chains to recognize them
Purchasing Coupons On the internet
eBay and other auction sites have become popular places to look for coupons.
It is illegal to sell coupons, but it is legal to charge for the time spent collecting and organizing coupons.
Many coupons are available on auction sites as a result of this legislative loophole.
Typically, coupons are sold in bundles, such as 20 coupons for a specific brand of baby food.
There are also coupon clipping services available on the internet.
These websites have a plethora of coupons that you can purchase and have delivered to your home.
They take advantage of the same loophole by offering a clipping service, which is not the same as selling coupons.
Couponers love the sites because they can print several coupons for the same item and find coupons that aren’t available in their region.
Coupon forums recommend TheCouponClippers.com and Coupons and Things by Dede.
The Daily Newspaper
Even in this day and age of the Internet, the Sunday newspaper remains one of the most popular places to look for grocery coupons.
The coupons distributed in the papers are regional, which means that coupons will be distributed differently in various parts of the world.
Newspapers published in big cities would have more coupons than newspapers distributed in small towns.
If you live in a small town, having the Sunday newspaper from a big city will give you more bang for your buck.
Junk Mail, Free Products
One very good way to get customers to try a new product is to offer them a free trial size.
Many people stop participating in this form of promotion because they are afraid of being bombarded with junk mail.
However, the free product almost always comes with a coupon.
Junk mail can also be a great source of coupons.
Junk mail may be something coupon clippers look forward to getting if it is dealt with on a regular basis by distinguishing the good from the poor.
From Magazines
Depending on the type of magazine you purchase, coupons and magazines go together like coffee and cream.
Grocery coupons, for example, are common in lifestyle and home and garden publications.
Coupons for lipstick, personal care items, and discount stores will be included in fashion magazines.
However, before purchasing a magazine subscription, purchase a single copy to see if there are enough discounts to justify a subscription purchase.
Websites of Grocery Stores
Almost all grocery store chains have websites where you can find store coupons, loyalty club benefits, and weekly circulars. This can be a perfect way to save money by combining discounts and sales.
Packaging for Products
Stop and look for a coupon just before you throw out the box wrap or the empty can.
Many manufacturers include useful coupons and rebate forms inside or on the packaging of their products.
The expiration dates on food packaging coupons are determined by the product’s shelf life, which is typically longer than coupons printed online or clipped from the newspaper.
A coupon found online may have a four-week expiration date, whereas a coupon found on boxes may have a six-month expiration date.
This also applies to the face value.
Websites of manufacturers
On their websites, some manufacturers also provide coupons and other promotional material.
Many companies that market organic foods, as well as those that manufacture meat, dairy, and produce, fall into this category.
A link to the manufacturer’s website can be found by conducting an online search using the product name.
Sign up for updates or enter reward schemes to gain points that can be used for discounts or free items.
10 Best Places to Sell Coupons Quickly and Profitably
Coupons have a huge demand all over the world.
You should be a part of it, if you’re an affiliate marketer looking for a place to buy promotional and coupon codes to fuel your online company or a business owner who sells promotional codes.
Here are some of the best locations to sell coupons:
eBay is a great place to start.
Coupon codes, like almost everything else, can be found on eBay.
If you want to purchase a few promotional codes to save money on an item you plan to buy or sell promotional codes you already have, you can start on eBay.
Another one is Bigcommerce
It’s worth noting that when you set up a shop with Bigcommerce, you can give away coupon codes for free.
It also allows you to sell them as digital goods through the site’s shop.
ForMeToCoupon
This is a well-known source of promotional codes for affiliates.
For Me To Coupon aggregates coupons from over 5,000 merchant programs into a single feed.
Every day, it receives 50 updates and 550 new deals.
It also has a 30-day free trial duration.
Coupon Feed Affiliates that don’t have the time or stamina to sift through a number of feeds every day for coupon codes can use Coupon Feed, a service that does it for them.
FeedShare
Making money by purchasing or selling coupon codes is easy with the FeedShare model, which includes storefronts, data streams, and an affiliate marketing network.
E-junkie
E-junkie is an e-commerce platform that helps retailers sell more and makes it easier for customers to find unique goods.
Here you can buy and sell a wide range of promotional codes.
Tradebit
Keep in mind that purchasing coupon codes to post on your blog or host on your website is simple with Tradebit, an e-commerce platform that often sells the same promotional codes to affiliate marketers.
PayLoadz
PayLoadz is an ideal stop for merchants and customers alike, as one of the most popular e-commerce sites on the internet.
Since the PayLoadz platform is simple to navigate, hosting your own promotional codes or buying them to boost your own website’s traffic is fast and easy.
It has an easy-to-use guide and supports PayPal and Google Checkout as payment methods.
Kagi
The Kagi marketplace has a number of different categories. Buyers would have an easier time finding files as a result of this.
Selling promotional and coupon codes as a digital download in the Kagi store will help you supplement your income and generate reliable revenue streams.
Sellfy
Sellfy is an e-commerce platform that allows users to sell digital goods by posting a simple link on a website, social media feed, or email.
Using the Sellfy app, you can offer coupon and promotional codes without having to invest in your own website or storefront.
Final thoughts
Many couponers prefer to purchase coupons through coupon clipping services or eBay.
It enables them to evaluate the coupons that they know they can need, locate several coupons for the same item, and gain access to a large number of coupons that they may not be able to obtain locally.
But, if you want to buy and sell coupons as a side business or just want to use them, the sites described above can be extremely useful.
