Couponing 101: Understanding Couponing Lingo and Terminology for Beginners
- April 1, 2023
- AC, BOGO, CO51, coupon, coupon stacking, couponing, FPC, HV, IDC, LD, MM, NED, NF, OOP, PEELIE, price match, PRINT, RC, RCSS, SCOP, SDM, SOF, TEARPAD, TMF, WM, WYB
- 1 Comment
If you’re new to couponing, you may find yourself feeling overwhelmed and confused by the jargon that’s commonly used in the couponing community. But don’t worry, we’ve got you covered! Here are some standard terms that every beginner couponer should know:
- Q: Coupon
- BOGO or B1G1: Buy One Get One Free
- TEARPAD: A pad of coupons found hanging from a store shelf or display
- Coupon STACKING: Combining different coupons with different Universal Product Codes (UPC) to buy an item. (For more information, check out our full post on coupon stacking.)
- PEELIE: A coupon that you peel off the package/product.
- Free Product Coupon (FPC): This coupon allows you to get the product completely free.
- Price Match (PM): A practice that a store offers to match a competitor’s lower price on the same item.
- WYB: When You Buy
- OOP: Out of Pocket, the “real money” you will pay at the register.
- AC (After Coupon): The price after you use a coupon.
- PRINT: Internet Printable Coupon.
- SCOP (Scanning Code of Practice): If the scanned price of an item is higher than the shelf price, or any other displayed price, the customer is entitled to receive the first item free up to a $10 maximum. If the product is more than $10, the customer is entitled to $10 off the lowest advertised or displaced price. (For more information, check out our full post on SCOP.)
- NED: No Expiry Date
- RC (Rain Check): A coupon or discount offered by a retailer when a currently advertised item is out of stock.
- TMF: Try Me Free
- HV (High Value): Coupons that are worth more than $1.
- WM: Walmart
- RCSS: Superstore
- NF: No Frills
- IDC: Independence Grocer
- SOF: Save-On-Foods
- MM: Money Maker
- SDM: Shoppers Drug Mart
- LD: London Drugs
- CO51: Checkout 51
By understanding these terms, you’ll be better equipped to navigate the world of couponing and take advantage of the many savings opportunities that are available. Whether you’re looking to save money on groceries or other household items, couponing can be a great way to stretch your budget further. Happy couponing!
Keep on ԝorking, great job!