ipl-logo

Technology Impact On Paper Coupon

354 Words2 Pages

Advances in technology played a critical role in what coupons.com has to offer to their consumers. Technology is seen as a way of taking economic resources and transforming them into output by applying science (Perrault, Cannon, & McCarthy, 2015, p. 70). coupons.com which has changed its name to Quotient Technology, spent three years developing the technology to bring coupons into the digital world, canceling out paper coupons (quotient.com, 2015). With the move from paper to digital, technology created a faster, more convenient alternative to cutting out coupons on a Sunday morning. Although technology creates countless opportunities it can pose a challenge for the company to produce what consumers want (Perrault, Cannon, & McCarthy, 2015, p. 72). …show more content…

With the launch of Retailer iQ, experiences became digital, personal, and mobile (“Entering the New”, 2014). Technology has changed how consumers and marketers do things (Perrault, Cannon, & McCarthy, 2015, p. 71). Retailer iQ, gives an edge because companies and retailers receive real-time data, in addition to giving retailers a way to reach their shoppers, and help consumers keep track of their coupons (“Entering the New”, 2014). http://www.adweek.com/sa-article/entering-new-era-digital-coupons-couponscom-rolls-out-its-retailer-iq-personalized-platform-158326 With the continuing growth of Retailer iQ, it gives Coupons.com an advantage. Throughout 2015, it is expected that service partners with Retailer iQ are going to market the product to consumers to change to digital coupons (Shayne, 2015). In addition, during their fourth quarter, Coupons.com has seen has 86% growth in digital transactions, and a 64% overall growth in its media business (Shayne, 2015). http://www.bidnessetc.com/34549-couponcom-inc-coup-downgraded-to-sell-on-weak-outlook/ Coupons.com has utilized technology and is continuing to grow and improve with Retailer

More about Technology Impact On Paper Coupon

Open Document