Every day, thousands of people are going to the internet to find a way of making money. As a result, online business has become increasingly competitive, thus making it difficult for anyone to stand out. However, one of the best ways of earning an income online, which is relatively untapped, is through using coupons.
So, how exactly can you make money using coupons?
1. Create Your Own Products and Offer Coupons to Motivate People to Buy
If you want to earn an income using coupons, you should first find a way of branding yourself as an authority in your field. When your prospects begin to trust you and recognize you as an authority in your niche, you can then work towards coming up with your own product.
The best kinds of products are those which can be easily downloaded such as audio or video clips, eBooks, software or electronic courses. Once you have the product, you should then create unique coupons, discounts and promo codes to promote your products on a regular basis.
Coupon offers usually produce in readers a specific sense of urgency. Therefore, if properly used, coupons can significantly multiply the sales of your products.
2. Getting Coupons From Other Product Creators/retailers
If you are not in a position to create your own product, you can also use coupons to market other people’s products. This is referred to as affiliate marketing. Though some product creators run their own affiliate programs, most of them use third part affiliate schemes such as Commission Junction, Affiliate Window, TradeDoubler and Share A Sale to promote their products. Once you join one of these affiliate schemes, you will then need to choose which products you want to promote. Each product has an affiliate link which you can place in your site or blog. When a visitor to your site clicks on the link, they are directed to the merchant’s website.
If they make a purchase, you will then be paid a commission for the sale. An example of an affiliate site is YouLoveCoupons, a coupon blog which promotes london pass promo codes and world soccer discounts.
A very effective way of getting visitors to your site to click on your affiliate links is the ‘click to reveal’ strategy. This is where the visitor is required to click on a button to so as to access some exclusive information.
3. Offer Coupons in Return for Subscription
This is a very subtle and powerful strategy that is rarely used. It simply involves offering people who subscribe to your list discounts and coupons. Let them know that they will be receiving more coupons in future. This will motivate them to open your emails every time you send a message. By building your list, you will be able to increase your sales in the long run.
Charles Mburugu is a technology lover. He recently shared a london pass promotional code and world soccer shop discount code in YouLoveCoupons, a coupon blog. He also blogs about exceptional coupon and discount deals such as london pass coupons and world soccer discounts.