There's a novel idea afoot nowadays: Using electronic discount coupons to pay for items people are interested in purchasing.
This only goes to show that most good marketing ideas can be adopted for the internet. Instead of cutting coupons out from newspapers or carton boxes, eBay gives out electronic copies of coupons to purchase merchandise. The coupons are fast and easy to use.
Coupons are routinely sent by eBay to members who then use them to pay for items through PayPal. The coupons signify specific discounts that can be applied to the purchase of items.
Using Coupons
To use an eBay Coupon one must buy an item where the seller accepts PayPal as a payment method. Upon payment of the item using PayPal, an opportunity will be given to the buyer to enter a coupon redemption code and receive the discount.
Sharing Coupons
Some coupons from eBay can be shared with other people while some can only be used by the owner. If the coupon indicates that only a specific email address may use the coupon, it may not be shared.
Coupons and Your eBay and PayPal Accounts
To use the coupons the owner must have a PayPay and an eBay account. If the owner does not have these accounts, he or she must sign up for them to avail of the discounts. PayPal lets you pay securely over the Internet using a credit card, checking account, or a PayPal account balance.
Important Restrictions
Upon winning an eBay auction, the bidder is required to purchase the item even if the coupons they are holding turn out to be invalid for the auction.
Also, coupons can only be used one-at-a-time. This means that Gift Certificates, single coupons, or eBay Anything Points are valid for only one auction and only one type can be used each time.
One more restriction is that the coupons cannot be used for Half.com purchases.
Items must also meet all coupon requirements and must be paid for in ten days from the closing of the auction on eBay.
Coupons have expiry dates. Coupon holders should take note of the expiry dates noted on the coupons.
Sellers may also configure their listings to accept coupons. To accomplish this, the seller must accept PayPal as a payment mode. If a coupon is used in the purchase of one of the seller's items, the value of the coupon is forwarded to the seller as it's equivalent in regular currency.
About the Author
Dechen Lau., is an Author, Speaker and Consultant, specializing in Internet Marketing and Website Solution. ezine: http://www.ezinenewsletter.com emailto: admin@ezinenewsletter.com