Extreme Couponing Tip: Common Terms, Part 1
Coupon Insert: Coupon circulars inserted into Sunday newspapers amongst the other advertisements. Smart Source (SS), Red Plum (RP) and Proctor and Gamble (PG) put out coupon inserts, sometimes just called "inserts". Coupon inserts are a valuable money-saving tool and The Krazy Coupon Lady recommends buying multiple Sunday newspapers in order to have enough coupons to create a stockpile.
Coupon: a note from a store or manufacturer that entitles shopper to a discount on specific product. Coupons may be clipped form the newspaper, printed from the internet or even downloaded to your store loyalty card.
Couponing: [koo-pon-ing, Kyoo-] (v.) the practice of redeeming discount coupons in order to save money.
Couponer: [koo-pon-er, kyoo-] (n.) A person who collects and saves coupons to redeem them on products, such as groceries.
Double Coupons: Select stores always double coupons up to a certain value, usually $0.50. If your store doubles coupons up to $0.50 off, any coupon $0.50 or under will be doubled in value. Coupons $0.51 or greater will be worth face value, no doubling. You do not need to present two coupons for one item; each coupon will be worth twice the value. Other stores may double coupons on a particular week day, usually a slower day like Tuesday. Other stores may offer physical store 'twice-the-value' coupons or may feature double coupons on a special promo week basis and will advertise this in their weekly ad.
Handling Fee: Refers to an amount, usually $0.08, paid by the manufacturer to reimburse the store for the trouble of accepting a coupon. The handling fee is usually used to pay a clearing house to sort, organize and bill the manufacturer. If a store chose to sort its own coupons, they will keep the handling fee.
Krazy: Intensely enthusiastic about or preoccupied with saving money by using coupons.
Manufacturer: The company who produces the brand items: Dove soap manufacturer, Pace Salsa manufacturer, etc.
Manufacturer Coupon: A coupon created by the manufacturer, or by a marketing company on the manufacturer's behalf. Manufacturer offers a discount to shoppers in order to entice them to buy their product. When a coupon is redeemed the manufacturer reimburses the store for the entire value of the coupon, plus a handling fee, aprox $0.08.
One Coupon per Purchase: Refers to your ability to use one coupon per item. Meant to enforce the point that you may not use two of the exact same coupon for one item.
One Coupon per Transaction: Limits you to only using one of this coupon per transaction. You may request to do separate transactions. Example: If you have 5 coupons that read "one coupon per transaction" you may request to separate into 5 transactions and pay 5 times.