In September, The New York Times gave a primer on the brief history of coupon use in America and highlighted a noticeable increase in the use of coupons since the decline of the economy. “Coupon redemption in America peaked in 1992, at the end of a recession, when 7.9 billion coupons were redeemed, according to Inmar, a coupon-processing company. By 2006, that number fell to 2.6 billion and stagnated there through 2008. (if this and the paragraph below are all one quote, they need to be together…)As the economy worsened and consumer sentiment plunged, coupon redemption ticked up 10 percent in the fourth quarter of 2008, compared with the period a year ago — the first jump in coupon redemption since the early 1990s. In the first half of this year, coupon redemption climbed 23 percent.
If you haven’t shopped the daily deal sites, you don’t know what you’ve been missing. There is a growing number of these sites that offer flash sales, good for a limited time, often just a day. You’ll find big discounts (usually 50% or more) on all kinds of things, including clothing, food, spa treatments, tickets to concerts and sporting events and much more. Here is a master list of the sites that have made it onto my radar. Many of these sites offer referral credits, so if you find one you like, it pays to share with your friends and family. Amazon Gold Box Deals : You’ll find the Amazon Deal of the Day here, as well as Lighting Deals available for a very limited time.