A recent 2K16 Valassis® Coupon Intelligence Report revealed that 116.3 million Americans are print coupon users.
While the total number of print coupon users has decreased slightly since 2012, it still trumps the 68.4 million coupon users who currently use digital coupons. Incredibly, when accounting for all coupon usage, there are no significant differences in use across multiple demographics—including generations or income levels.[1]
Millennial Users
One might assume that of all generations, Millennials would be the least likely to use print coupons (versus Gen X or Boomers). However 82% of Millennials use newspaper-delivered coupons, which is in line with the 83% of Gen X and 79% of Boomers who are also using them.
Additionally, 34% of Millennials say their mail coupon usage has increased.
Affluent Users
“33% of affluent consumers (vs. 30% of all consumers) are influenced by a coupon to shop a store they don’t typically frequent,” according to Experian Marketing Services research.[2] This coupon usage includes print, mobile phone, and store loyalty card redemption methods.
Other statistics show that the affluent are using print coupons at the same rates as all consumers. 81% of affluent consumers find print coupons before shopping (vs. 80% of all consumers) and 84% use coupons from a newspaper coupon book (vs. 82% of all consumers).
Print vs. Digital Coupons
Overall, both print and digital coupons are widely used by consumers. However, over 90% of all coupons distributed are through the Free-Standing Insert (FSI), which includes all types of coupons and/or vouchers advertised on newspaper or magazine inserts, while less than 1% is digitally distributed. More importantly, about 50% of all redeemed coupons are FSI while only 12% are digital.[3]
The 2K16 Valassis Coupon Intelligence Report shows that an integrated media approach, one that balances the use of print, digital, and loyalty card coupons in a marketing plan, is the best way to reach the most consumers, as 71% of consumers “use any of these media to save money”. [1]
[1] 2K16 Valassis® Coupon Intelligence Report, “Savvy Shoppers Provide Reality Check”, 2016
[2] eMarketer, “How Frugal Are Affluent Affluents?” August 2015 article citing Experian Marketing Services, National Consumer Study, June 19, 2015 research
[3] 2016 NCH Marketing Services, Inc. a Valassis company, Full-Year 2015
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