COMMON COUPONING TERMS

COMMON COUPON TERMS AND ABBREVIATIONS -WHAT DO THEY MEAN

When you first enter into the couponing world it can at times seem like everyone is speaking a foreign language. You will see and hear phrases that are a little confusing but don’t worry you will pick up the lingo real fast! Here are some of the commonly used terms and abbreviations and their meaning.

 $1.00/1, $2.00/1, etc: One dollar off one product, two dollars off one product, etc.

$1.00/2, $2.00/2, etc: One dollar off two products, two dollars off two products, etc. You must buy 2 items to receive any savings; you cannot redeem the coupon on one product for half the value.

BOGO or B1G1: Buy one, get one.  Will usually end with “free” or “half off” meaning buy one, get one half off, or buy one get one free.

Catalina: Catalina coupon machines are located at the register. They dispense those long receipt-like coupons that may be used on a future purchase.  Catalinas, refer to the coupons themselves which may be manufacturer or store coupons.  Some Catalina coupons are advertised and some are generated based on consumer behavior.

Coupon Insert: Coupon circulars inserted into Sunday newspapers amongst the other advertisements.

Smart Source (SS),

Red Plum (RP)

Proctor and Gamble (PG)

General Mills (GM)

eCoupons or digital coupons: Electronic coupons may be downloaded onto your store loyalty card or cell phone.  Download from your PC or go mobile and download to your loyalty card through your cell phone.  Grocery coupons must be downloaded to your loyalty card and will be deducted automatically when you swipe your card at checkout.

EXP: Expires or Expiration Date

IP-Internet printable coupons that you print online. You are usually allowed to get 2 prints of these for each coupon per computer in your house. I have 4 computers so if I want to I can print up to 8. YOU MAY NOT COPY THESE AS EACH HAS IT’S OWN UNIQUE NUMBER AND DOING SO IS COMMITTING COUPON FRAUD!!!!!!

Manufacturer Coupon: A coupon created by the manufacturer.

OOP: Out-of-Pocket; refers to the amount of money you will pay a store to make your purchase.  Does not include any after-purchase savings, coupons or rebates.

OYNO: On Your Next Order.  OYNO refers to savings that you will not see on your first transaction, but that may be applied to your next purchase. These usually come as Catalinas at checkout and can be rolled over to your next transaction. You will recieve them for purchasing a particular item and the amounts can vary by how many of that item you purchase.

One Coupon per Purchase:  Refers to your ability to use one coupon per item.  Meant to enforce the point that you may not use two of the exact same coupon for one item.

One Coupon per Transaction: Limits you to only using one of this coupon per transaction.  You may request to do separate transactions.  Example:  If you have 5 coupons that read “one coupon per transaction” you may request to separate into 5 transactions and pay 5 times.

Peelie: manufacturer coupons found on products in the store.  Peelies can be used right away for the product you are purchasing.

Purchase: a purchase refers to buying any item.  If I buy 30 items on a single shopping trip, I just made 30 purchases.

Purchase-Based Coupon: Purchase-Based coupons specify a dollar amount off a minimum dollar future purchase.  Some common values:  $2 off $10, $3 off $15, $4 off $20.  Purchase based coupons may be used in addition to store and manufacturer coupons.

RR: Register Rewards.  Walgreens drugstore rewards program, and version of the catalina coupon.  Look for the same machines located at register, dispensing long receipt-like coupons that may be used on a future purchase.  RRs cannot be ‘rolled’ like catalinas.

Rolling Catalinas: refers to the practice of separating your purchase into multiple transactions in order to use register catalina coupons from your first transaction to pay for your second transaction.  Another catalina prints from the 2nd transaction that pays for the 3rd transaction and so on.

Stacking Coupons:  Stacking coupons refers to using both a store coupon and a manufacturer coupon on one product.  Nearly all stores will allow you to “stack”.  Only one manufacturer coupon may be used per item.

Store Coupon:  A coupon created by the store to entice you to buy a certain product at their store.  Stores receive no reimbursement from store coupons.  Store coupons may be found in the weekly ad, printed online or downloaded as e-coupons.

Store Loyalty Card:  A free card which you present at checkout to receive additional savings.  Fill out a short application to receive a loyalty card at your local grocer.  If you don’t want to carry the card, the cashier can look up your preferred card by entering your ten digit phone number.

Transaction: a transaction refers to your entire purchase, especially the payment you make for that purchase.  If I buy 30 items and then pay the cashier, I just made one transaction.

Tear Pad:  A pad of manufacturer coupons found near product on shopping aisles.  Tear pad manufacturer coupons may be used at any store, not just the one where you found the coupon.

WYB:  When You Buy.

 

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