The days of flipping newspapers and magazines to look for savings and discounts coupons are over. More people are going online to search for better deals.
And guess what? Social media is the best place for bargains. Following your favorite brands and connecting with a team of bargain hunters make searching so much more efficient.
More people are sharing deals through blogs and status updates, accelerating dissemination.
It is a win win situation for both sellers and buyers isn’t it?
The Cyber Coupon Craze
According to CBS, the use of online coupons saw an astounding 172 per cent increase from last year.
Wallace was quoted saying:
“…social networking is guaranteed to save at least 15 to 20 percent on your shopping bill — and even as much as 30 per cent if you’re really looking for bargains.”
Getting Started
Getting started is easy. Check out Wallace’s 3 steps to getting the best deal out of social media:
1. Go on Twitter and enter “#sale”
2. Visit coupon sites like savings.com and RetailMeNot.com
3. Combine your coupons with store deals
Other ideas include following your favorite brand or compiling a Twitter list of bargain hunters.
Here’s the news in video format:
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