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Different Types of Coupon Codes and Their Benefits

If you’re looking for the perfect avenue to enjoy money-saving benefits when on your shopping spree, then you should consider using a discount code. In eCommerce and online shopping a coupon code, or promo code, is a computer-generated code, consisting of letters or numbers that consumers can enter into a promotional box on a website’s shopping cart.

It is worth noting that coupon codes are available in various types, each with its benefits. In this quick guide, we take you through the different types of coupon codes and their advantages. Read on below to uncover more!

Percentage-Based Discounts

Percentage-based discount codes are designed to offer a specific percentage off the total purchase price. For instance, a 10% discount on a $100 purchase who save the customer $10. These coupon codes are popular considering they allow shoppers to save significant money on their purchases. No wonder you should factor in this type of promo code then next time you want to enjoy money-saving benefits on your purchase.

Abandoned Cart Coupons

Abandoned cart coupons are sent to customers who have already added items to their online shopping cart but haven’t completed the purchase. These promo codes encourage customers to return to the website and complete their purchase by offering discounts or other special deals.

First-Time Purchase Discount

First-time purchase coupon codes are offered to customers making their purchase with a business for the very first time. These coupon codes encourage new customers to try out a business’s products or services by offering them a discount on their first purchase. Ensure you inquire whether a prospective store offers this promo code before placing your order.

Holiday and Seasonal Discounts

Holiday and seasonal sales coupons are offered during special time of the year, such as Halloween, Christmas, BFCM, and other seasonal holidays. These promo codes may offer discounts on certain products, free shipping, or even free gifts with purchase. They are typically time-limited and are often promoted heavily during the holiday season.

Businesses can leverage different Aktionscode types to suit their needs. Whatever the coupon code type, the benefits are quite clear, customers get great deals, and businesses increase their sales and customer loyalty.

Take it upon yourself to factor in the pros and cons of each type of promo code available before deciding on anything. It is only then that you stand a better chance of reaping maximum benefits.

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