How Do Coupon Sites Earn Money Without
How Do Coupon Sites Earn Money
How Coupon Websites Earn Money

How do coupon websites make money?. The answer is simple through affiliation and affiliate programs that all the major e-commerce sites have. Maybe an example serves here better! Let’s say there is this Amazon product “Z” on your site, A person named “X” visits your site and is redirected to Amazon to purchase that product “Z. Limitations of Coupon Stacking. Just remember to stack coupons in the correct order. For example, if you have a coupon that grants $5 off for spending $15 on a specific brand, using a manufacturer’s 10%-off coupon first could bring your total under $15. That means that while you get 10% off, you lose $5 in savings. How Do Online Coupon Sites Make Money Earning money from residence is an honorable goal, however locating a method to make money online and from your really own house is an even greater concept. Not just is learning just how to generate income on-line help you establish easy earnings streams from practically anywhere you have a net connection. Buy yourself a great domain which suits your niche, in this case, something that has the word coupon/deals in it. You can view your competitor’s sites for inspiration like Coupondunia, Couponraja, Groupon, dealmydeals, Couponshub etc. Get yourself a hosting package which you can get for 100$ per year or something. Why Coupon Sites are Natural Money Makers Shoppers search for coupons when they’re ready to make a purchase. I don’t know about you, but I often have my virtual cart loaded up and, before I submit my credit card info, will do a quick search to see if I can find a discount.

Is it possible to make money on display by giving away coupon codes?

Coupon sites are one of those “sexy” internet business models because they only require a little overhead to set up. You don’t have to create a physical or digital product. In fact, there are no deliverables whatsoever.

Plus, it’s pretty easy to build goodwill with your visitors because you’re not selling anything. In fact, you’re giving them deals on stuff they already want to buy.

This seems like a dream business model, right?

However, like most “sexy” business models, turning a profit on a coupon site is a lot harder than most people assume. Coupon sites make 99% of their money off of advertising revenue and affiliate commissions. A coupon site needs A LOT of traffic to be profitable.

So how exactly are sites like Coupons.com and RetailMeNot making hundreds of millions of dollars in revenue each year?

It all comes down to display advertising.

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Coupon Sites: How They Work

Whether you’re watching TV or surfing the web, you don’t have to look very far to find a coupon site. They’re everywhere. From groceries to tech gadgets and accessories, there’s a coupon site for just about every industry. And people love them. Thirty-three percent of shoppers say that they frequently use coupons for their purchases, while 38% of shoppers are always on the lookout for coupons. That’s 71% of shoppers using coupons consistently.

With customers’ obsession with coupons in full effect, it makes sense that coupon sites would want to get in on this. Gone are the days of shoppers collecting stacks of weekly flyers and clipping coupons. Now shoppers log onto one of the many sites available to quickly find what they need. Coupon sites have emerged to become a profitable internet business because they’ve found a need and filled it.

And that’s not all; these sites don’t just offer a discount code for products; coupon sites come in different formats. For example, you can consider:

Printable coupons from sites like Coupons.com and RetailMeNot. While you might still find the odd coupon in newspapers and flyers, these sites have mostly replaced these options. Now all shoppers have to do is print and scan coupons or scan them from a mobile device.
Coupon referral sites like FreeDailySamples, which aggregate deals across a wide selection of industries. When users click on a coupon, they’re taken to a third-party website to purchase their coupons.
Group-buying sites like LivingSocial, where coupon offers are based on sales volume. These platforms partner with merchants who offer deep discounts on their products and services. Only after a minimum sales volume has been reached does a deal activate and take effect.
Cashback sites that give users money back for shopping online at places they normally shop at. Users get a discount coupon and a cashback offer of up to 15%.

The great thing about these sites is they cover a wide range of products and services. Depending on what people are searching for, chances are there’s a coupon site out there for them.

An emergent extension of coupon sites are sites that also offer browser extensions as another way to make money. These sites advertise the extension and try to get installs to generate additional revenue. Two great examples here are Honey and Wikibuy.

Honey

Honey is a browser extension that finds coupons online and automatically applies them to shoppers’ purchases. This way, shoppers don’t have to scour the web looking for deals; the deals come to them.

Once shoppers download the extension, they browse stores like Walmart, Home Depot and Best Buy and add items to their cart the way they normally would. At checkout, Honey searches the web for coupon codes and automatically applies the best code to the purchase.

Let’s say a shopper is in the market for a new camera. They like to shop at Target and don’t have the patience to find applicable coupons for the type of camera they want. They simply install the Honey extension, head over to Target’s online store and search.

When they find the camera they want, they add it to their cart. Honey shows an applicable coupon, the shopper applies it to their cart, pays, and they’re done.

Keep in mind that Honey offers more than just coupons. The browser extension also looks for promo codes and deals. The whole point of the extension is to find offers that save the shopper the most money.

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It’s free to download the extension so how does Honey make money? When shoppers apply a coupon or promo code to their purchase or earn Honey Gold points, Honey gets a small commission from the retail. So in our example above, Honey would have received a commission from Target when the shopper applied the coupon and bought the camera.

The better Honey is at finding deals online, the higher its earning potential. It’s a great concept especially because people want to save but don’t have the time to search for coupons. If Honey can consistently find the best deals for shoppers, the revenue potential is enormous.

Wikibuy

Wikibuy is an iPhone and Chrome extension that works with Amazon. For shoppers who rely on Amazon to make their purchases, Wikibuy compares products from stores like Walmart and Target to find an exact match. If the products are lower at these stores, the savings are automatically applied to the Amazon purchase.

If shoppers like the offer, t

How Do Coupon Sites Earn Money