Release Discount Codes
Privately
If you are an online
retailer and are worried about the discount vouchers eating up your
profit margin, then what you can do is to release or issue discount
codes or vouchers only to your old and loyal customers, or to
selected customers. You can send the vouchers or codes through mails
that you can obtain through their login details. Doing this will
ensure that the vouchers and codes are not leaked or distributed upto
a certain extent via the coupon code aggregator websites like
voucherfox.co.uk
. This will also enable you to keep a count of the number of
customers who search the coupon code aggregator websites before
coming to shop for their desired products on your online retail
store.
The other intelligent
thing that you as an online retailer can do is utilize the discount
code entry box as a medium of genuine email lead generation for your
store. All you need to do for this is to display a sentence or phrase
of this sort – “How Do I Get This Code?” just beside the
discount code entry box. This will help you keep the visitor or user
on your site itself for getting their code. Moreover, you will also
get the visitors email-id as a lead for future marketing and
promotion of your store and its products through mails.
Hide Or Disguise The
Code Box
One of the smartest ways
to restrict the usage of discount codes or to decrease the over-usage
of discount codes on your online store and thereby keep intact your
profit margin is to try and hide the discount code entry box or space
in such a place on the store or website that it isn’t that easy for
the customer to find the box and then realize that he/she can avail
discounts. This will increase the chances of “vouchercode-less
shopping” as far as those customers who are not that aware about
the use of voucher codes are concerned. You can also effect the same
result by disguising the code entry box wisely.
So, if you are among
the hundreds of online retail store owners who are worried about how
to minimize the exponentially growing usage of coupon codes by people
while shopping online, then follow the above ways to use the Coupons codes in the right way by online retailers and
thus stem the outflow of your profit margin!!


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