Coupon & Shopping Glossary
Learn the definitions of common coupon and shopping terms to become a smarter shopper and maximize your savings.
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Terms & Definitions
28 of 28 termsAffiliate Marketing
MarketingA marketing arrangement where a retailer pays a commission to an affiliate for each customer brought to the retailer's website through the affiliate's marketing efforts.
BOGO
PromotionsBuy One Get One - a promotion where customers receive a second item free or at a discounted price when purchasing the first item.
Cashback
RewardsA reward system where customers receive a percentage of their purchase amount back as cash or credit after completing a transaction.
Clearance
SalesItems that are being sold at reduced prices to make room for new inventory, typically at the end of a season or product lifecycle.
Coupon Code
CouponsA series of letters, numbers, or symbols that customers enter at checkout to receive a discount on their purchase.
Daily Deal
SalesA special offer that is available for a limited time, typically 24 hours, with significant discounts on specific products or services.
Expiration Date
CouponsThe date after which a coupon, discount code, or promotional offer is no longer valid and cannot be used.
Flash Sale
SalesA short-term sale with deep discounts that typically lasts only a few hours and is announced with little advance notice.
Gift Card
PaymentA prepaid card that can be used to purchase goods or services at specific retailers or within a particular network.
Hot Deal
SalesA highly discounted offer that is particularly attractive and likely to sell out quickly due to its popularity.
Inventory
RetailThe stock of goods that a retailer has available for sale at any given time.
Junk Mail
MarketingUnsolicited promotional emails or physical mail that consumers receive from retailers and marketers.
Kickback
MarketingA commission or rebate paid to someone who facilitates a transaction, often used in affiliate marketing.
Loyalty Program
RewardsA marketing strategy designed to encourage customers to continue shopping with a particular retailer by offering rewards, discounts, or special benefits.
Manufacturer Coupon
CouponsA coupon issued by the product manufacturer that can be used at any retailer that accepts it, typically offering discounts on specific products.
No-Risk Purchase
PoliciesA purchase that comes with a money-back guarantee or free return policy, reducing the customer's financial risk.
Online Shopping
RetailThe process of purchasing goods or services over the internet through a retailer's website or mobile app.
Price Matching
PoliciesA policy where a retailer agrees to match a competitor's lower price for the same product, often within a specific time frame.
Quantity Discount
DiscountsA reduction in price offered when customers purchase multiple units of the same product or reach a certain quantity threshold.
Rebate
RewardsA partial refund of the purchase price of a product, typically requiring the customer to submit proof of purchase and wait for processing.
Stacking
StrategiesThe practice of combining multiple coupons, discounts, or promotional offers on a single purchase to maximize savings.
Terms and Conditions
LegalThe legal terms that govern the use of a coupon, discount, or promotional offer, including restrictions and limitations.
Unsubscribe
MarketingThe process of removing oneself from a retailer's email marketing list to stop receiving promotional communications.
Voucher
PaymentA document that can be exchanged for goods or services, often used as an alternative to cash or credit.
Warranty
PoliciesA guarantee that a product will perform as expected for a specified period, with repairs or replacements provided if it fails.
X-Out Price
PricingA pricing strategy where the original price is crossed out and a new, lower price is displayed to show the savings.
Yield Management
PricingA pricing strategy used by retailers to maximize revenue by adjusting prices based on demand, inventory levels, and market conditions.
Zero-Risk Trial
PoliciesA trial offer where customers can try a product or service without financial obligation, often with a money-back guarantee.
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