Quick Answer: Do Stores Lose Money From Extreme Couponing?

Who started extreme couponing?

Matt SharpExtreme CouponingExecutive producerMatt SharpProducerSharp EntertainmentRunning timeapprox.

22 minutesRelease12 more rows.

Are stockpile sales illegal?

Selling stockpile is NOT illegal to do however, there are certain laws, statutes and regulations by the city, county and state that may control this, as well as stipulations by the manufacturer companies.

What is the trick to couponing?

Get Multiple Copies of Coupons You can use a coupon for each item purchased. If you purchase two boxes, you can use two cereal coupons. Extreme couponers often buy four or more newspapers every Sunday, just for the inserts. Other couponers order the inserts directly, bypassing the newspapers altogether.

Can you go to jail for coupon glittering?

Coupon glittering is popular with coupons that use the Universal Product Code (UPC) format. Coupon fraud can lead to criminal charges.

What is the best store to extreme coupon at?

Top 9 Stores with the Best Couponing PoliciesWinn-Dixie. … Dollar Tree. … Walgreens. … Rite Aid. … Costco. … Amazon. Like Costco, Amazon doesn’t accept manufacturer coupons. … Sam’s Club. Like Costco, Sam’s Club doesn’t accept manufacturer coupons, but the monthly deals you get work like automatic coupons. … Aldi. via Baltimore Sun.More items…•

Is couponing really worth it?

Is Couponing Worth It? Here’s the deal: Couponing is only worth what you save, the time you spent looking for deals, and the value you place on the item you purchased.

Does Walmart do double coupons?

Yes! Walmart will accept printable coupons, manufacturer coupons, competitor coupons, soft drink caps, and Catalinas. However, they do not accept: … Double or twice the value coupons (Some Walmart’s consider twice the value coupons competitor coupons and will accept them.)

Can you extreme coupon at Walmart?

Walmart is one of the only stores that allow coupon overage, and that’s why extreme couponers love this store so much. If you present a $2 coupon for a $1 item, most stores will give you the item for free.

Is it illegal to take coupons off of products?

No. Stealing the coupon is illegal. Applying to products at a second store is stealing.

Where do extreme couponers get their coupons?

8 Secret Ways Extreme Couponers Find Store CouponsDownload store apps to access digital coupons. … Give your address out to all the stores to get coupons in the mail. … Check a store’s weekly ad flier before you recycle it. … Dumpster dive to find store coupons at recycling centers. … Tap “follow” on social media — Facebook, Twitter and Instagram.More items…•

Can you go to jail for couponing?

Coupon fraud is a punishable offense and, while penalties vary case by case, the Coupon Information Corporation (aka, the CIC) says that the harshest convictions for this type of fraud include a 17-year prison sentence and a financial penalty of up to $5 million.

Do companies lose money from coupons?

You’ll be happy to know that your store doesn’t lose a dime when you use coupons. In fact, they make more money when you use coupons to save. … Not only does the store get back the coupon’s entire worth, it also will receive from the product manufacturer a payment of 8 cents per coupon redeemed.

How do you tell if a coupon is copied?

Each printable coupon has its own unique # on it. Look at the image above – the numbers next to the red arrows need to be all different if you have multiple printable coupons of the same product. If the numbers are the same, then you are scamming the system and its like using counterfeit money.

How do extreme couponers get so many coupons?

Extreme couponers get their coupons from a number of different sources, from coupon apps like these to websites, newspaper inserts, stores and many other places. While they do get those high value coupons, they also get regular coupons.

Do stores get reimbursed for coupons used incorrectly?

Stores can face consequences for accepting coupons on products they did not actually sell. If the store is audited and cannot prove they sold the specific items on the coupons, the store may not be reimbursed for the coupons they wrongfully accepted.

How do stores get money back from coupons?

The manufacturer might reimburse the clearinghouse for the amount of the invoice, and the clearinghouse will send a check to the store for the amount of the coupons. Or the manufacturer will send a check directly to the store and the store then pays the clearinghouse.

Is extreme couponing illegal?

Most stores accept coupons because they want your business, but they are not legally obligated to do so, according to the Coupon Information Corp. Stores that have taken a hit from coupon fraud or even overzealous coupon stacking may refuse to accept any or all coupons at their discretion.

Can a store owe you money from coupons?

Some stores will pay you the difference, others will make you use the “overage” to purchase something else in the store, deducting that value from your total. Some stores will still take coupons for over the value of the product. … One time, they refused my coupon since it was for a penny more than the price of the item.