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SmartScout Glossary
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Coupon

Coupon

Amazon offers sellers a simple and effective way for buyers to support local businesses by purchasing from them at a reduced cost or for free. With over 1 million business listings on Amazon alone, it is easy to see why many entrepreneurs choose this platform to promote their company and sell its products. However, not all businesses can use Amazon's extensive network of marketing resources. Below, you will learn what a coupon is and how to use them on Amazon.

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What is a Coupon?

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A coupon is a discount code that you can use on Amazon. The code is unique to your account and can only be used on the items that you have discounted on Amazon. When customers buy an item from Amazon, they can use the code on the product page to get a reduced price. This is especially useful for smaller businesses that don't have a huge inventory to sell.

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Customers can also redeem your Amazon coupons for cash or gift cards, which can then be used at local businesses or sent as a gift to friends and family to use on the Amazon Marketplace.

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How Sellers Use Coupons on Amazon

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When selling on Amazon, one of the most important aspects you need to manage is your price. This is why sellers often find it helpful to have coupons available for their products. When a buyer clicks on a coupon code, the discount will be applied automatically at checkout.

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However, there are some things to keep in mind when using Amazon Coupons: First off, make sure that your product qualifies for the coupon. Amazon offers various types of discounts, such as Lightning Deals and Prime Day Promotions, which only apply to select items.

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Secondly, remember to take advantage of all applicable discounts — including generic coupons and promo codes from other merchants - so that you can maximize your sales potential. And finally, remember not to overprice your item by incorporating too many unwanted or unnecessary reductions into your pricing structure; this could lead buyers away from buying from you altogether!

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Amazon coupons work in a similar way to eBay coupon codes, with the main difference being that Amazon refers to them as Seller Promotions. When you create or add a listing to your seller account, you will be able to select from a variety of Seller Promotions that you can use on your items.

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Sellers can choose from promotions such as free shipping for orders over $50, 20% off for first-time buyers, and 2-day shipping on eligible items. You can also enable promotional discounts through Feedvisor (which is an Amazon subsidiary) by inputting your promo code into the "Promotional Discount" field when adding an item to sell.

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Pros and Cons of Using Amazon Coupons

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Many entrepreneurs find that using coupons makes their business more efficient and effective. For example, if you use a coupon for an item that costs $50, you would expect to pay $40 for that item and $10 for shipping. However, with Amazon’s free two-day shipping, you don’t have to pay any extra cost for the privilege of delivery.

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Furthermore, shipping costs are often a reflection of the price of the item. If you choose to purchase a cheaper item, then you will have to pay more for the privilege of free shipping. With that in mind, here are some of the benefits of using Amazon coupons: More options and deals to find discounts. Easy and quick way to get discounts at local businesses. Helps promote your brand name. Helps you save money on inventory in the long run.

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With these coupons and deals, you can promote your products and get them at reduced prices from customers who are shopping on Amazon. Both sellers and customers will know the current price, the discounted price, and the available gift cards. Keep in mind that these deals are only visible to customers who are logged into their account.

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After you have created these deals, make sure to optimize your page for SEO (Search Engine Optimization) and PPC (Pay-per-click) ads to get more results from these key audiences.

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The key to taking advantage of using coupons on Amazon is to create an Amazon seller account.  

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