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Sales, Coupons Grabbed Consumers’ Attention Shopping According to Better Business Bureau Chicagoland Survey

1/2/2013

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Chicago, IL, January 2, 2013 – What attracted consumers to specific stores for holiday shopping? According to a survey in December by the Better Business Bureau serving Chicago & Northern Illinois (BBB), shoppers picked sales and coupons as the biggest enticements. This was followed by the store’s online reputation, then the store’s return policy. The least influential factor was a store’s credit standards and practices.

“These survey results show the key interests that consumers have in this economy,” stated Steve J. Bernas, president and CEO of the Better Business Bureau serving Chicago and Northern Illinois. “What has the most immediate impact and hits closest to home is what people care most about. This is the reason almost half of the respondents picked sales and coupons as the most important influence for them to shop at a store.”

A store’s credit policies are important in the long run and for large purchases, however many sales and coupons target smaller individual purchases. Shopping for larger items like furniture or appliances tends to be planned, whereas smaller purchases are more impulsive and therefore more easily influenced by coupons or sales.

“Stores, knowing consumer psychology, can influence shopping behavior with sales and coupons,” Bernas noted.  “This is where checking on a store’s reputation comes in handy, and it shows in the survey results as the second most-picked influence in shopping by about a third of the respondents. More and more people are using business ratings, such as the BBB’s Business Reviews, and other online comments to help determine where to shop.”

The BBB offers the following tips for using coupons both in stores and online:

  • Carefully read the terms and conditions for the use of the coupon and check for the expiration date and limitations of use.
  • When using coupons from the internet the BBB recommends contacting the store where you wish to use the coupon to find out whether the coupon is being honored or not.
  • Don’t fall for phony coupons via e-mail. Many fake coupons have been making the rounds via e-mail and just because it may come from a friend or family member, don’t assume the coupon is legitimate.
  • Be extremely cautious if the coupon requires that the consumer call the company to redeem the value of the coupon, and/or has any requirement to give personal information.

For more advice on finding reputable businesses, visit www.bbb.org

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As a private, non-profit organization, the purpose of the Better Business Bureau is to promote an ethical marketplace. BBBs help resolve buyer/seller complaints by means of conciliation, mediation and arbitration. BBBs also review advertising claims, online business practices and charitable organizations. BBBs develop and issue reviews on businesses and nonprofit organizations and encourage people to check out a company or charity before making a purchase or donation.

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