The Deception of Coupons and Discounts: Yeah, I Totally Needed Two Gallons of Milk
Posted by Cap on May 1, 2012 |This probably isn’t the most novel observation in the world, but it would certainly seem that a great many people get “tricked” into spending more than they normally would by the lure of coupons and discounts (cue Captain Obvious). These “fake-ish” coupons and deals come from everywhere: newspaper clippings, TV and radio offers, Internet promotions, fliers, smartphone apps. We are inundated in the idea of saving money—from piggy bank iconography in our childhood to the very real need to save for retirement as we grow older. If there’s the word “save” and the dotted line around a box, it feels and looks like savings.

But are you really saving money if you’re spending it? That seems to be a paradox. The money you just spent is not actually still in your pocket, contrary to what many advertisers would have you believe (you might remember common advertisements slogans such as “spend more, save more!”). But beyond just a general distaste from deceptive advertising, what can we learn from those pesky “coupons and discounts” that actually burn holes in our pockets?
A 25% discount off your overall purchase may seem like a great deal and in many cases it can be. However, many people will take this 25% discount and use it as an incentive to buy more than they normally would. You can actually hear people in grocery stores—almost a moment of revelation—saying “Well, we have this coupon, we might as well buy more.” (Lord knows the thought has crossed my mind a few times).

These type of mental thinking and purchasing decision is exactly what the marketers who issued the coupon wanted to hear, and they have not been let down – the same applies for the typical “Buy 2 and Save” marketing method (99% of the time you don’t need to buy two items to get the sales price). You end up not saving money and in most cases, over-spending because of the illusory idea of saving. If you’ve over bought on groceries that have spoiled before, you know how it is.
This an an age-old predicament that has received new life from the Internet and even newer developments like social media and location based services. If you accidentally signed up to the wrong service, you’ll be hard pressed to escape from the barrage of messages advertisers and marketers want you to hear. Check-in now to receive a free dessert! Order an entree and get a free drink! Old marketing spin, new distribution channel.
So what are we left with, a culture of “buy more, and save more? ” The good news is that when the noise is so much, it gets easier to ignore (yes, even with the marketing messages from newer technology). You can easily add handy new tools to your web browser to filter the noise out more (AdBlock etc), remind yourself to always turn off push notifications on that latest deal application you’ve just installed, and make little habit changes such as clipping coupons on items you’ll actual use. My wife and I usually just cross check it with our shopping list, if its not on it and we don’t need it in the immediate future, we don’t bother with the coupon or discount.
You can also take the handy dandy cynicism attitude and approach everything and everyone as if they’re going to try to cheat you out of your hard-earn dollars, but I’ve learned from personal experience that this approach is tiring and makes everyone hate you. I’m just saying.
picture credits: got milk from bluewaikki, coupon pic from group0wn.
11 Comments to “The Deception of Coupons and Discounts: Yeah, I Totally Needed Two Gallons of Milk”
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May 1st, 2012 at 9:20 pm
I definitely noticed this more last time I used a coupon at the grocery store. It was forcing me to buy at least $50 to save $5. The problem was that I only really needed $20 worth of stuff that day. So I found myself buying all kinds of unnecessary stuff just to reach the minimum. It turned into a big game of price is right where I was trying to estimate if I had reached $50 yet.
May 2nd, 2012 at 5:39 am
There are two different terms for spending less money, and I think most people would be better savers if they knew the difference. The first is “Cost Savings”, which is spending less money on something you need get (using a coupon to buy milk) versus “Cost Avoidance”, which is not spending money at all on something not necessary (not buying a new stereo at all, for example).
Both are important skills to have.
May 3rd, 2012 at 10:43 am
I agree – something may look like a good deal, but in reality it could be a blunder. I don’t necessarily always buy the cheapest item. I’ve learned that quality is a measurable factor as well.
May 8th, 2012 at 1:17 pm
I only buy stuff that will be used by myself or others in the household – so I don’t have a crap buying mentality when it comes to shopping – plus all of my discount cards are great for actually getting discounts on the things we do use. However, on-line shopping for tools to help with the website, especially traffic is where I am learning that it is indeed a crap shoot!
No matter where you shop, it all boils down to getting what is tried and true and leaving the excess out of the scenario that helps to save $$$.
May 25th, 2012 at 1:41 pm
I know what you mean when it comes to discounts being deceptive. I had a 30% off coupon for Kohls and an item that I wanted was $29.99. Well, I had looked at another retailer and that same product was $12.99. Now I am no math wizard but I am pretty sure with 30% off that still does not beat the $12.99 everyday price of the other retail spot.
June 4th, 2012 at 10:08 am
I am currently a college student, and most of the time Our dormitories do not have kitchens :(. So, we are forced to eat out at restaurants or the school cafe(sometimes its not that great). BUT! I found an awesome web and mobile site called SpecialsAgent that pulls together all the great offers, deals, new menu items, coupons…everything I need to save money. For all kinds of meals and occasions I’ve been able to save money with http://www.specialsagent.com. Check it out! Its a really great website and its just really helpful to have that tool, and I was able to to safe a lot of money :)
Ha! Me likes this article. It does make you spend even more then what you were planning, its like that $.99 perception, makes it seem cheaper by saying. 1.99 then 2
July 1st, 2012 at 5:12 am
I’m just wondering, if this blog will remain active, as two full months have pased since this entry. I gave the URL to several of my friends and comments were positive, however nothing has been posted since.
July 1st, 2012 at 6:48 pm
It has been buyer beware for thousands of years why would it be any different today.?
July 3rd, 2012 at 6:35 pm
Agreed – let’s face it, if there is a sale on irons where you get 1 for 50 and 2 for 75, how many people ever need 2 irons in 5 years? It’s just a waste, not to mention, it takes up space and clutter just gets annoying.
July 3rd, 2012 at 11:55 pm
@Greywolf: I don’t write frequently anymore given full-time job and recently wife gave birth to baby daughter.. but given that situation, I definitely have new materials to blog about now. Expect a post or two once a month, I think.
July 21st, 2012 at 11:49 am
I am a person who is not a fan of coupons. The time it takes to find the really good ones doesn’t appeal to me, and I hate having extra supplies around I don’t need at the moment. COUPONS ARE A TRAP-thanks for posting :)