Published: September 03, 2008
Seventy-Two Percent of Consumers Have Increased Coupon Usage in the Past Six Months, According to Prospectiv Survey
Seventy-Five Percent Polled Say State of the Economy Has Driven More Coupon Usage
Eighty-One Percent Are Most Interested in Grocery Product Coupons

An August 2008 consumer poll conducted by
Prospectiv (http://www.prospectiv.com) reveals that despite the recent
decline in energy prices consumers are still concerned about the economy
and are increasing their use of coupons -- especially for savings on
everyday grocery products.
According to Prospectiv's 2008 Consumer Coupon Poll, 72 percent surveyed
say they are using more coupons to make their money go further than they
did six months ago (since March 2008). The majority polled (75 percent)
said that economic concerns are their main reason for using more coupons.
Eighty-one percent said they are most interested in coupons for grocery
items (food and household products).
Prospectiv, a provider of online customer acquisition solutions to leading
consumer brands, is the owner of the online properties Eversave.com
(http://www.eversave.com),
and Healthier.com
(http://www.healthier.com), and operates a lead generation platform used by
publishers across the Web.
Coupon Clipping Trends Revealed
With coupon fever so high, where are consumers seeking and finding coupons
for savings on their preferred brands and products? When asked about the
primary coupon resources they currently use, Prospectiv's Consumer
Preference Index (CPI) poll findings indicate the following:
Newspapers/magazines 51%
Circulars/inserts 19%
Websites 15%
Direct mail 7%
Email offers/newsletters 6%
Online banner ads 2%
How would consumers like to receive coupons in the future?
Direct mail 39%
Email offers/newsletters 26%
Websites 16%
Newspapers/magazines 14%
Circulars/inserts 9%
Online banner ads 2%
Regarding current preferences for print versus online coupons, Prospectiv's
poll revealed the following:
Print and online coupons are equally convenient 47%
Print coupons are more convenient 45%
Online coupons are more convenient 9%
When asked if they could receive online coupons tailored to their interests
and favorite products, 80 percent of consumers polled said they'd be likely
to increase their use of online coupons.
Very likely to increase usage of online coupons 56%
Likely to increase coupon usage 24%
Frequency of online coupon usage would not change 20%
"Coupons have always been a great way for consumer packaged goods and
retail marketers to entice people into stores to make purchases, and now
with online coupon offers and promotions, marketers can also build direct
and long-lasting relationships with consumers," said Jere Doyle,
Prospectiv's CEO. "Prospectiv's poll shows that as long as coupon savings
promotions are tailored to their interests, consumers welcome direct offers
from marketers -- especially through direct mail and online channels such
as email, targeted enewsletters and consumer savings websites."
Redeeming Habits of Price Conscious Consumers
In addition to consumer interest in grocery product coupons, indicating
opportunities for CPG marketers, Prospectiv's poll also revealed
opportunities for retailers to bring more consumers online and in store
with coupon savings offers. Eighty-Seven percent of consumer surveyed said
they'd be more likely to shop at a retailer that offers coupons.
Consumers reported the following when asked the likelihood of redeeming
coupons after the time they spend hunting, clipping and printing them:
Redeem almost all coupons clipped 59%
Redeem 1 coupon out of 5 clipped 27%
Unlikely to redeem any coupons clipped 6%
Redeem 1 coupon out of 10 clipped 5%
Redeem 1 coupon out of 20 clipped 2%
What are consumer habits when it comes to redeeming online coupons?
Prospectiv's poll revealed the following:
More likely to redeem online coupons for in-store purchases 58%
Doesn't matter, use online coupons for both online and in-store 32%
purchases
More likely to redeem online coupons for online purchases 9%
About Prospectiv:
Prospectiv (http://www.prospectiv.com) is a pioneer in the lead generation
industry and provides customer acquisition and email marketing solutions to
leading consumer brands. The company specializes in finding, engaging and
acquiring consumers interested in leading advertiser's brands and products
and converting them to long-term profitable customers. Prospectiv generates
more than 50 million pre-qualified leads per year on a pay-for-results
basis for clients, including many Fortune 1000 companies such as Procter
and Gamble, Wal-Mart, Pfizer, Disney, Nestle and Schering-Plough.
Prospectiv operates several Web properties, including Eversave.com
(http://www.eversave.com),
and Healthier.com
(http://www.healthier.com), and also provides leading
publishers with a lead generation platform that creates a significant
incremental revenue stream from their Web site traffic. Founded in 1999,
Prospectiv is privately held and is based in Wakefield, MA. For more
information, please visit http://www.prospectiv.com
About Prospectiv's Consumer Preference Index (CPI):
Prospectiv has access to millions of consumers through its online Web
communities, Eversave.com and Healthier.com, as well as from its broad
network of publishers. Prospectiv is able to compile insightful survey
data from a diverse panel of consumers on a wide variety of topics relevant
to advertisers and marketers. Prospectiv compiles this data using its
advanced polling and survey technology across the Web.
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