SUBSCRIBE

Breaking News on Food & Beverage Development - North AmericaEU edition | Asian edition

News > Markets

Read more breaking news

 

 
News in brief

Coupon redemption rate rises in 2011

1 comment01-Aug-2011

Coupon redemption volume reached 1.75bn in the first half of 2011, saving 17.6 percent more than in the same period in 2009, according to media and marketing services firm Valassis.

Consumers saved $2bn in the first half of the year by using coupons, the company said in its US Mid-year 2011 Consumer Packaged Goods (CPG) Coupon Facts Report, and there was a record number of coupons distributed in 2009 and 2010. Although there were fewer coupons in the marketplace in the first half of 2011, redemption has outpaced prior years, the firm said.

 

Valassis Chief Marketing Officer Suzie Brown said: "Value-oriented behaviors continue to drive consumers to save, and marketers have taken note of what motivates these savvy shoppers. Marketers are well aware of today's deal-seeker and they remain committed to delivering value, building loyalty and retaining shoppers in a competitive marketplace or face losing market share."

1 comment (Comments are now closed)

coupons

Coupon shopping should be serious business to? more people in this economy, new thing is collective buying check for the website "Printapon"

Report abuse

Posted by karibehnke
02 August 2011 | 08h342011-08-02T08:34:28Z

Key Industry Events

 

Access all events listing

Our events, Events from partners...