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Archive for August, 2008

Buying Coupons?

August 3rd, 2008 at 09:28 pm

Yes, I've actually been buying coupons--but coming out better for it in the end, as long as I remember to use them--which I will.

Before I started couponing about a month ago, I never realized that people actually sell coupons on ebay. Actually, they don't sell the coupons themselves (I guess that is illegal)--all the sellers say that the coupons are free but you are paying for their time in clipping the coupons.

Buying coupons actually makes sense if you have a product that you use that (a) you won't accept a substitute brand for; (b) the product is relatively expensive; (c) you buy a large quantity of the product; and (d) either the coupons have no expiration date OR the product is non-perishable and you have storage room. The latter two requirements are because the sellers sell the coupons in batches, typically six or ten or twenty of the same coupon. Also, (e) the coupon should be for a high amount off.

I've done this for 3 products: my brand of soymilk (I drink Silk Unsweetened and will ONLY drink that brand; all the others taste bad to me; also, I drink at least a gallon of it a week); my dog's brand of premium dog food; and my brand of tampons (again, I'll ONLY use that brand). In each case, the coupons I bought were for either 1.50 or 2.00 off, so the discount is substantial. The soy milk coupons have no expiration date, and the other two have expiration dates but my dog eats a can of dog food a day, and the tampons will last ad infinitem so can be stockpiled. In buying coupons for a month's worth of dog food, a year's worth of soy milk, and a year-plus worth of tampons, I've saved--after the cost of the coupons--about $150. If I can couple the coupons with a sale (which I can in the case of the tampons), the savings will be even more. Not a bad profit for an hour's effort--once I figured the strategy out!