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Auntie Kate The Resale Expert

Kate Holmes of TGtbT.com talks with consignment, resale & thrift shopkeepers about opening, running, & making their shop THRIVE!

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Silliest fine print I have ever seen.

February 25, 2010 by Auntie Kate of Too Good to be Threw

Go ahead: be open-handed with your coupons. It makes a difference.Received in my email recently, a message from a consignment (or maybe it was a resale) shop looking to rid themselves of the last vestiges of winter merchandise (“We’re getting great spring stuff in and we need the space! $1, $5, $10 racks! Come see!”)

In the email, a coupon for 25% off any item.

In the fine print of said coupon,

*discount does not apply to sale merchandise*

HUH? Didn’t you just tell your email list recipients that you had to make room for incoming?

Why would that 25% off coupon NOT be usable on sale merchandise? Isn’t the sale stuff the stuff you MOST want to get rid of?

And wouldn’t you MUCH rather give an additional 25% off on a winter item marked down to $5 (discount taken: $1.25) than 25% off a new incoming item of, say, $40 (discount taken: $10)…if that’s how your customer wants to use her coupon?

And why oh why do you give with one hand and take away with the other…especially when using a percentage coupon, which if used on less-expensive items…costs you LESS? (Remind me, we’ll talk about % vs $ coupons soon.)

Keep your fine print to the minimum. In this case, that would have been:

Yes, 25% off anything. Well, except maybe my kid and dog.

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Posted in economics of resale, Shopkeeping talk | Tagged coupons, markdowns, profit | 3 Comments

3 Responses

  1. on February 2, 2011 at 9:57 pm Jess's avatar Jess

    I love the *Items with no tickets are $300!!
    When we do our Facebook Give-aways one of the rules is “you must be awesome to win”.

    I do agree with Julie though, its a good reminder of the math behind the coupons!


  2. on February 26, 2010 at 9:28 am Patty's avatar Patty

    Here’s some fine print that made me laugh.

    Here are the rules for Prima Donna’s Closet’s sale:

    *Play nice!
    *Be Patient!
    *15 Minute Limit in Fitting Room
    *Items with no tickets are $300


  3. on February 26, 2010 at 7:48 am Julie@repeatstreet.com's avatar Julie@repeatstreet.com

    Thank you for pointing this out. I have said discount not available on sale items before thinking they are reduced already why give them away. You really helped me remember why I mark things down – to move them out. And you showing the math really helps understand why I would want it used on a sale item, rather than a new item.

    Thanks for everything!

    Julie



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