{"id":423,"date":"2014-11-19T12:44:54","date_gmt":"2014-11-19T17:44:54","guid":{"rendered":"https:\/\/activedatadigital.com\/?p=423"},"modified":"2022-09-22T20:46:41","modified_gmt":"2022-09-22T20:46:41","slug":"promotions-coupons-discounts-drive-business","status":"publish","type":"post","link":"https:\/\/activedatadigital.com\/blog\/2014\/11\/19\/promotions-coupons-discounts-drive-business\/","title":{"rendered":"Promotions, Coupons and Discounts Drive Business"},"content":{"rendered":"
Coupons and Offers Drive Sales for SMB’s<\/h2>\n
A new report by BIA\/Kelsey estimates that Nearly One-Third of Annual Sales Driven by Promotions, Coupons, Deals and Discounts.<\/p>\n
Loyalty Programs are also found to be used by 44.3& of SMB Plus Spenders.<\/p>\n
According to the latest wave of BIA\/Kelsey\u2019s Local Commerce Monitor\u2122 (LCM) survey of small and medium-sized businesses (SMBs), higher-spending SMBs\u2014those that spend more than $25,000 annually on advertising and promotion\u2014estimate 31.7 percent of their total sales in the next 12 months will come from promotions such as discount deals, daily deals, coupons, or similar discount offers, up from 22.9 percent in 2013.<\/p>\n
\u201cThe significant increase in the use of discount promotions by Plus Spenders underscores how promotions and sales are becoming baked in to the business model for many larger SMBs,\u201d said Steve Marshall, director of research for BIA\/Kelsey. \u201cConsumers have an increasing array of tools at their disposal for finding great deals. And SMBs are making sure they have something to offer.\u201d<\/p>\n