Is couponing still popular?

A survey done by Valassis, one of the largest coupon distributors in the world, found that 60% of Americans say they use both paper and digital coupons to save money on groceries. Compare this to the same survey done in 2019, where only 53% of shoppers said they use coupons — a 7% increase!

Couple Allegedly Milks $31 Million From Fake Coupons

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What is the trick to couponing?

“For the more extreme couponer, it’s all about combining manufacturer coupons with store coupons, store sales and store rewards programs,” she says. “Extreme couponers will only buy an item if they can stack these different ways of savings to bring the cost of an item down to pennies on the dollar.”

Who was the lady that made fake coupons?

Lori Ann Talens’s genius manifested itself in a more peculiar way. “Talens perfected the art of counterfeiting coupons,” federal prosecutor Joseph Kosky wrote in court documents. “Her skill was such that the coupons she created were virtually indistinguishable from genuine [ones].”

How do extreme couponers save money?

Extreme couponers don’t buy an item when they need it — they buy it when they can get it at the lowest price. These savvy shoppers then stock up when the going’s good (and cheap), so they save money in the long run.

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Does anyone double coupons anymore?

What stores double coupons? Very few anymore. This used to be a more common practice back in the early days of the couponing craze, but most stores have done away with it. One exception is Albertsons, who at times (and very selectively), is a store that doubles coupons.

Who went to jail for couponing?

– A Virginia Beach woman has been sentenced to 12 years in prison and fined $31.8 million for her role in a coupon fraud scheme. The Coupon Information Corporation, which is an association of manufacturers that track coupon fraud, was able to link more than $125,000 in fake coupons to 41-year-old Lori Ann Talens.

How to get coupons for free stuff?

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How can I get free coupons online?
  1. 1.) Sign up for Kellogg’s Family Rewards.
  2. 2.) Sign up for Vocalpoint.
  3. 3.) Email companies directly.
  4. 4.) Get printable coupons mailed to your home.
  5. 5.) ‘ Like’ your favorite brands on Facebook.
  6. 6.) Sign up for Birthday Freebies.

Can you get in trouble for reselling?

Generally, it’s not illegal to resell an item that you have legitimately purchased. Once you have purchased something at retail it is yours to do with as you choose. Manufacturers tend to have little or no control over a product past the first customer they sell to.

Who is the coupon queen?

Julia Belkin goes by the “Coupon Queen of Boston” and can be found by her handle @freebiesandmore on Tik Tok. She has more than half a million followers.

Do coupons make stores lose money?

Coupons can help introduce new product lines and encourage customers to try a more profitable brand or service. Coupons can also help attract existing customers to come back to your store. The biggest con of using coupons is that they cost businesses money and may lead to lower profit for that sale.

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Why do stores make coupons?

Consumers pointedly look for and use coupons to save on their purchases, and businesses benefit from offering coupons from helping to build brand loyalty to encouraging repeat business from consumers. Companies who develop a smart coupon strategy can benefit from increased sales.

Do extreme couponers sell their stuff?

The sales of excess products purchased with coupons are known as stockpile sales. On the surface, it appears that extreme couponers have managed to get so many great deals that they just have too much product and want to “share the wealth” by selling their surplus purchases.

What is the coupon lady scandal?

Lori Ann Talens made bogus coupons and scammed retailers out of $32 million. Talens sold her fake coupons to a “large” group of subscribers through social media, who paid her about $400,000 over three years, authorities said.

What is illegal couponing?

According to the CIC, “Coupon fraud occurs whenever someone intentionally uses a coupon for a product that he/she has NOT purchased or otherwise fails to satisfy the terms and conditions for redemption; when a retailer submits coupons for products they have not sold or that were not properly redeemed by a consumer in …

How do I start extreme couponing?

From finding a coupon database to making a shopping list, these beginner coupon tips can save you money at grocery stores and drugstores.
  1. ‘Stack’ store and manufacturer’s coupons. …
  2. Find a coupon database. …
  3. Read the fine print. …
  4. Learn your store’s coupon policy. …
  5. Make a shopping list. …
  6. Create a stockpile. …
  7. Use coupons strategically.

How did the coupon lady get caught?

The FBI was tipped off by the Coupon Information Corporation (CIC), an association of manufacturers that tracks coupon fraud. The CIC said it had linked over $125,000 in fake coupons to Talens when the investigation originally started. Talens had a background in marketing and strong graphic design skills.

Can you get in trouble for buying coupons?

Yes, because it’s not illegal to buy coupons from a legitimate coupon clipping service that charges for clipping the coupons. Selling coupons is a violation of the “non-transferability clause” fine printed on every coupon.

How long did the coupon ladies go to jail for?

The FBI is revealing new details about a $31.8 million counterfeit coupon scheme that landed a Virginia Beach couple in prison for nearly 20 years, combined.

What is a coupon fairy?

What’s a “coupon fairy?” Coupon fairies are people who leave unneeded coupons in the store for others to find.

Where do extreme couponers get their coupons?

Extreme couponers get their hands on advance copies of your favorite store ads and scour coupon sites. Then they map out exactly which combinations of coupons and store deals you can stack to maximize your savings – including how much you’ll pay in the end.

Why do people do extreme couponing?

For some people, couponing is a way of life. It’s a simple and easy way to save money on the grocery bill and put that hard-earned cash to use somewhere else—like saving up for your next family vacation. And for others, it’s just a great way to save a dollar or two on something they were already in the market for.

Who was the scammer sentenced to 12 years?

Jacksonville, Florida – Chief U.S. District Judge Timothy J. Corrigan has sentenced Damien Deshaun Dennis (43, Jacksonville) to 12 years in federal prison for bank fraud and aggravated identity theft. Dennis was also ordered to pay restitution to the victims he defrauded.

Is Couponing a crime?

Coupon fraud is a punishable offense and, while penalties vary case by case, the Coupon Information Corporation (aka, the CIC) says that the harshest convictions for this type of fraud include a 17-year prison sentence and a financial penalty of up to $5 million.

What are fake coupons called?

This used to be called coupon glitching, but is now called coupon glittering so it doesn’t sound as if you’re committing coupon fraud (even though you are). Coupon glittering is particularly prevalent in brick-and-mortar stores, where the system can be gamed more easily, but it’s a threat for online stores too.

Is couponing and selling illegal?

There is no type of legislation that I know of that says this kind of service is illegal. However, what the Federal Trade Commission states is, “Selling or transferring coupons to a third party violates most manufacturers’ coupon redemption policies — and usually voids the coupon.”