Print a coupon and receive 15% off your next The Children's Place purchase.
Did you know that you can make money selling grocery coupons on eBay? Selling coupons on eBay can be a great way to make money on the side, lots of people are doing this already and so can you. This is a great project for stay at home moms or people looking to make a little bit of extra cash on the side.
The first step of the process is deciding how to obtain your coupons. The Sunday paper can be especially useful in finding coupons. In order to have a large amount of coupons you can purchase several copies of the Sunday paper or if you wish you can ask friends, family, neighbors and coworkers to save the coupons for you. Another favorite source of mine is women's magazines. If you wish to not purchase the magazines yourself you can also ask friends, family, neighbors and coworkers for theirs. These are just a few possible sources of coupons. With a little creative thinking you can come up with other sources. However make sure to stay away from Internet coupons. The problem with Internet coupons is that some are counterfeit, and some stores won't accept them. You want to make sure your buyers can use the coupons and if they don't they will most likely leave negative feedback.
Before you list your coupons on eBay, you want to do some research. Go on eBay and search completed listings for similar coupons. This will give you a general idea of how much you can sell your coupons for. Also decide if you want to sell your coupons individually or in a group. Most sellers will sell coupons in a batch. Finally clip your coupons and sort them out.
The next step is creating your listing. When you list your coupons you want to make sure you have a clear description. Make sure you include the amount of coupons you are selling, what product they are for and the coupon discount. The most important part of the description is the expiration date of the coupon. Make sure you let buyers know the expiration date of each coupon and use this date to factor in your auction end date. You want to make sure the buyer has enough time to use the coupon after receiving it in the mail. Buyers won't be happy if the coupons are already expired by the time they arrive.
http://www.associatedcontent.com/article/1128599/make_money_selling_grocery_coupons.html?cat=3
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In case you missed this post at TopekaKidsRock.com I am re-posting here for you to read. Part II of this series will be posted next friday.
In the past 2 weeks I have received many phone calls and emails all saying the same thing, "Help, I need to get control of my grocery bill!" My blog is dedicated to posting current deals and weekly updates but I find that new readers are having a hard time figuring out where to start in the world of frugal shopping and coupons. To kick my time off on topekakidsrock.com I thought I would do a series on basic ways you can start to gain control of the grocery bill before diving into the world of coupons. What I share in this series is what I share with anybody who asks me for help. Please keep in mind that it is all just a suggestion.
For the 1st post of this series I want to focus on the importance of knowing how much you are actually spending on groceries. If saving money is the goal then knowing what is being spent is important so it can be known what can be saved.
Define what groceries are.
In my household the term groceries refers to food items only. Everything else is either toiletries or paper products, thus I have a different amount of money I spend on each category every month. If you consider all those items groceries that is okay, just account for it and create your "spending plan" accordingly. Just so you know up front I am what one friend deemed the other night a "budget freak"!
Know what is an appropriate amount of money to be spending on groceries (food).
Every one has a different income level and therefore can either spend more or less. If you only live on $30,00 a year chances are your spending is going to look vastly different than someone who might live on $80,000 a year. So for this I recommend a percentage guideline table. The tables here (scroll down and click which ones best describes your family size) gives a suggestion for how much of your net income you should be spending where. In the example of a family of 6 you can see that if you are living on $25,000-$65,000 per year you should not be spending more than 14-15% of your NET income on food. So for a family of 6 living on $45,00o (net spendable of $35000 a year after taxes) per year the most you should spend monthly on food is around $400 a month. For our family this also includes eating out.
Develop a "grocery spending plan."
I recognize that the word budget is scary so don't even go there, just think spending plan. By this I mean have a set amount of money that you are going to spend on groceries (food) every month and STICK TO IT! It might be according to the spending guideline I presented above or it might be more or less. For our family we live on drastically less than we possibly could simply because of debt. That lousy student loan eats up a lot of our spending plan, therefore we have to account for it other places. You may have to do this, too, if you have debt you are paying off or if you have savings goals you are trying to meet.
On that note begin thinking about needs versus wants and where you might have wasteful spending in your grocery bill. This will be our topic next on Thursday!
Do you have other ideas that work for you? Please be sure to share them in comments section!
But the article below is some ideal on how to save money on the BOGO sales. I seen this on Oprah and decided to look it up. Good stuff!!!!
To save the most money when grocery shopping, it's important to know your grocery store's policies for discounts. A popular marketing ploy that many grocers offer is called a "BOGO" - Buy One / Get One Free - on a brand-name product. You get one free item when you buy another at full price. Some senior citizens have found this practice discriminatory, and have strongly expressed their concerns to store managers. Their claim is that as a single-person household, they simply can't consume two of the item before the second one spoils. To appease the seniors, many grocers have changed their BOGO policies and now allow the purchase of just one BOGO item at half price. This represents a good value, but you can significantly improve your savings if you know your grocer's coupon doubling policy. Some stores do not double the value of store coupons at all, while others will double the coupon up to 50¢, and still others will double or even triple the coupon value up to 99¢. If you redeem a coupon with a value of 50¢ at the first type of store, you'll only save 50¢ - hardly worth the effort. But if your store doubles the coupon value, it's now worth $1.00 - a much bigger savings. In other words, that small slip of paper found in your Sunday paper's coupon section - which most people discard - could have the exact same value as a dollar bill. Do you throw dollar bills away every week? Coupons can really help the average consumer save money. But knowing the store's policies on BOGOS and doubling can really leverage your savings power. For example, if you know that your store's BOGO policy allows single-item purchase at half-price - AND they double your coupons up to 50¢ in value - AND you have a coupon for the featured item - you can enjoy HYPER-SAVINGS. Here's how: a. BOGO item is priced at $3.00. You can buy one for $1.50. Did you see how the $3.00 item ended up costing you only 50¢? That's a savings of more than 83% off the original price! And if you're lucky enough to have a grocer that triples the coupon value, you would get the item for free - a savings of 100%. As you can see, knowing your grocer's policies can be extremely valuable in helping you lower your food costs.
Hey everyone I well you know I love my coupons and as I learn more I want to share it with you. I decided to look into this after I went shopping at my local Thum Thomb the other day and they would not accept inernet coupons. The funny thing about this is they offer coupons on there website. Now how can you refuse them and promote them at the same time? That is the question Mr. Thum Thumb, I had to fight with the two managers to get my coupons taken. So everyone stand your gound if you have the policy at hand.
b. You have a 50¢ coupon on the item. Your store doubles the coupon value to $1.00
c. Your net cost on the item is now 50¢.
With the holiday being here and with me spending alot of unnesscary money I have decided to dedicate 2009 to mastering my coupon'ing. I noticed that when I blog my updates I keep myself on task better and save more.
To start off I have started my new section called Coupon'ing 101 to get us equiped with the basic lingo.
To start off coupons can be acquired from several different sources. I am going to explain to you a few of the sources that I know of that you can use to start building up your coupon supply.