What is the difference between cash back and a discount or coupon?
Cash back is an instant return of money that a online store allows you to take from your bank account when you pay for online shopping through debit/ credit card.
A coupon is a discount voucher which is given to you while shopping online which provides benefits on shopping like discounts on your shooping experience.
Theoretically, the cashback should be equal to the discount, but in practice, this is not the case. Cashback ties you to the store because you actually get a discount on your second purchase. This means that you should shop there again. I chose to make a purchase using exclusive Boat coupons , I think it’s more profitable than cashback)
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There is a huge difference between cashbacks and coupons. Let’s first figure out what cashback is and what coupons are.
Cashback is, in fact, the return of a part of the money spent by a customer in a particular online store. How does cashback work? The money-back system itself is very interesting. In fact, this system, in addition to the “”Store”” and “”Buyer””, also includes a third link – the “”Intermediary Company””. What does this intermediary do? The main task of the intermediary company is to provide the store with advertising and a steady stream of new customers, respectively.The intermediary attracts new customers by promising to return part of the money spent. Each new registered buyer who makes a purchase brings the Intermediary Company a certain percentage of the profit paid by the seller. And it is from this money that a part of the amount spent is then returned to the client.
Coupons are a ticket or document that can be used to receive a discount when purchasing a product. Coupons are typically issued by consumer goods manufacturers or retailers for use in retail stores as part of promotions.
In short, cashback returns you money after purchase, and coupons before purchase. In general, this is a very convenient thing. I try to buy only using coupons or services where you can get cashback. There are even special sites on the Internet where coupons for various goods are posted. For example, I use Don’tPayFull to get a coupon. In order to get cash back, I use several services at once to expand the range of sites where I can get this cash back.