If you ever wanted scientific evidence that sending email coupons can be a good thing, here’s an interesting report from Harvard. Basically, they found that people create mini "mental accounting models" in their own heads, in order to stick to short term budgeting goals.
A surprise gift certificate or coupon (the professors call them, "unanticipated small windfalls") will give people that little push to go buy stuff they wouldn’t normally buy otherwise. And they usually end up spending slightly more than normal.
So this holiday season send your customers some "unanticipated small windfalls" via email. MailChimp can help. You can setup a Postcard Template for Thanksgiving and Christmas, for instance. Use the "splashy graphic" slot for your coupon.
And with our new segmentation feature, you can actually send campaigns to targeted groups within your list of "people who are interested in e-coupons, AND who clicked on the coupon in my previous campaign" (here’s an example).
Email Coupons Make People Spend More
A very interesting post from MailChimp discussing research from Harvard about how coupons cause a small windfall effect, reducing sales resistance.
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Is there any way to track or number coupons on MailChimp in order to prevent people from forwarding them or printing out multiple copies?
Hi Danielle, since writing this old blog post in 2007, we’ve come up with a coupon tool called Pyow:
http://mailchimp.com/features/pyow/
it generates trackable QR codes that you can scan. It allows you to set a limit on how often (if at all) any coupon can be re-used.
But to answer your question more specifically (attaching numbers to each coupon) we don’t have that functionality. You *could* use our merge tags to insert things into the email, like their FNAME and LNAME, or a CUSTOMERID or something like that. If you can track that at the store, you’ll see if people are re-using. At the very least, people might be discouraged when they see that you’re at least inserting trackable data in there.