Survey: More Consumers Turn to Coupons

Feb 13, 2009 6:00 AM


     ShareThis     

TORONTO — More people are using coupons despite feeling self-conscious about it, according to a new survey.

More than one in five (22%) U.S. consumers admit they are self-conscious about redeeming coupons at the grocery store, according to research by marketing firm ICOM Information & Communications. However, 57% of respondents who admitted they were self-conscious about redeeming coupons at the grocery store in the past said that they no longer care as long as they are saving money.

Apprehension tied to using coupons in the checkout line is also waning in key demographic segments. Of consumers 35 years old and younger, 26% said that they have reduced inhibitions about coupon usage in the past six months. Nearly 20% in this demographic said they used to be self-conscious but are no longer because of the economic benefit and 6% said that they are less self-conscious. Almost 23% of respondents who have suffered a direct financial loss have become less self-conscious about redeeming coupons at the register.

“In a down economy even the most stubborn consumers are receptive to money saving offers,” said Mark Hertenstein, ICOM vice president of sales, in a statement. “This is a perfect time for brands to engage desirable consumer segments with offers that appeal to their frugal mindset.”

Commissioned by retail analytics firm Precima, the survey was sent to 45,000 U.S. households with 3,013 responding nationwide.

Also, 43% of shoppers say that they’ve used more coupons in the past six months. This data comes as a followup to ICOM’s April 2008 survey that asked consumers if they were likely to use more or fewer coupons in the event of economic downturn. According to that survey, 67% of consumers planned more coupon use in a recession.

Read More of Today's Headlines

Read More of Today's Headlines



Acceptable Use Policy
blog comments powered by Disqus

Subscribe / Renew to Supermarket News

Supermarket News

The most reliable source of industry news and insight...in print and online.


WH Refresh Blog

Bob Vosburgh Bob Vosburgh:

Most Viewed News

Read More News

SN Editorial Videos

The Lempert Report

Marketing analysis, issues and trends from supermarket industry analyst Phil Lempert.

New Products Hits and Misses

Product reviews from supermarket industry analyst Phil Lempert.

The Role of Technology at Save Mart Supermarkets

Aashish Chandra, senior director of IT Save Mart, talks about his company's approach to technology.

SN Sponsored Videos

Pan-Oston Mobile Innovation Centers Tour

The Supermarket Guru shows the front-end technology you can experience during the tour.

View All

Articles by Market
Retail/Financial
Executive Changes
Grocery/Center Store/
Brands
Health & Wellness
In-Store Bakery/Deli/Meals
Logistics
Marketing
Meat/Seafood/Dairy
Nonfoods/Pharmacy/HBC
Produce/Floral
Specialty/Ethnic
Technology

Quick Poll

Key Issues & Topics
Food Safety/Recalls
Legislation/Regulations
Sustainability/Green
More Topics
Resources
Profiles & Rankings
SN Awards
SN Data
White Papers/Studies
Webinars
Trade Show Calendar
Subscribe to SN
Total Access Blog
WHRefresh Blog

Upcoming Events

View More Upcoming Events

Subscribe to SN

Subscribe to SN Newsletter

In-Depth News Stories

Latest SN Cover

Subscriptions

Get access to print and / or in-depth online conent.

Register Here

newsletter image

SN Free Daily Update

The food trade's leading daily news service.

Register Here

Retailers Temper Outlooks

The recession may be over but so too is the post-recession rebound.

More Real Estate Opportunities Open Up

For supermarkets looking for additional locations, it's a renter's market out there.

Stop & Shop, A&P in Ad Fracas

Price wars between supermarkets are tumbling off the shelves and into courtrooms.

Subscribe to SN's Content Today!

Subscribe to SN's Content Today!

Corporate Finance

Read in-depth coverage of quarterly reports.

Marketing Trends

New promotions, new pricing, new products.

Subscribe to SN's Content