Who Makes Money From Online Coupon Codes? | mother’s day table decoration ideas | 55designers.com

How to Make a Naked Wedding Cake (Your First Cake!)
How to Make a Naked Wedding Cake (Your First Cake!) | 3 tier stand decorating ideas | 55designers.com
September 15, 2022
10 Cheap Soundproofing Hacks You Should Do!
10 Cheap Soundproofing Hacks You Should Do! | basement wall decor ideas | 55designers.com
September 15, 2022
Who Makes Money From Online Coupon Codes?

Who Makes Money From Online Coupon Codes? | mother’s day table decoration ideas | 55designers.com

CNBC,business,finance stock,stock market,news channel,news station,breaking news,us news,world news,cable news,finance news,money tips,financial news,Stock market news,retail,ecommerce,movie theaters,shopping,stores,Coupon Code Curators,HONEY,slickdeals,rakuten,Brad’s Deals,deal sites,how coupon codes work,how honey works,coupon code


#Money #Online #Coupon #Codes
vid_title]
Promo code sites have become big business, with digital coupons surpassing paper for the first time in 2020. Major deal sites make millions based almost entirely on commissions from each sale. They don’t sell shopper data and it’s not a scam. In fact, big companies like PayPal and Rakuten are buying up deal sites for billions. From Honey to Slickdeals, Rakuten Rewards to Brad’s Deals, CNBC asked the major sites what it takes to find deals that are real and why the business model works.

With the huge boost in online shopping during the pandemic, deal-finding sites have become a major business. In 2020, Inmar Intelligence found that digital coupons surpassed printed coupons for the first time ever.

Also in recent years, behemoths like Goldman Sachs and PayPal have paid hundreds of millions – or even billions – for sites like Slickdeals and Honey that automatically curate coupon codes or offer shoppers cash back for making purchases through their sites. Even banks like Capital One are getting into the game.

The business model is not a scam. All major deal sites say they don’t sell shopper data. Instead, each sale generates a commission for the deal site and for the middleman known as the affiliate marketer – a company that connects the vast world of retailers with deal sites.

With nearly 2,000 businesses in the daily deal site space, it’s a crowded industry filled with legitimate businesses as well as plenty of sites that are riddled with ads and expired coupon codes. That’s because regardless of whether a coupon code works, the site that provided the code will get commission for that sale.

When the deals are legitimate, however, it can mean big money for shoppers, retailers, and the deal sites. From Honey to Slickdeals, Rakuten Rewards to Brad’s Deals, CNBC asked the major deal sites, and shoppers, what it takes to find deals that are real and why the business model works.

Watch the video to learn how saving consumers’ money makes big bucks for companies in the vast world of online deal hunting.

» Subscribe to CNBC:
» Subscribe to CNBC TV:
» Subscribe to CNBC Classic:

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:

#CNBC

How Coupon Code Sites Make Millions
mother’s day table decoration ideas

[vid_desc

43 Comments

  1. MrProTechHD says:

    since i know the commision is now going to BIG DOGS i will no longer use the listed link

  2. 113071z says:

    penny wise pound foolish is the targeted audience from these businesses

  3. Let his good works be praise 👆👆👆on telegram happily I got my ssn and dl from him what a great job💯

  4. Suryansh says:

    extremely insightful

  5. So this is that famous "innovation" capitalism is known for…

  6. Its very nice video and beautiful

  7. Success doesn’t just happen , you need to be deliberate , committed and focused ! Do not be a passenger in your own journey towards your desired success.. Bitcoin trading serves as a short term investment which can provide a second consistent source of income , its Lego’s and also most reliable wealth creation.

  8. wow i'm new to these type of things and just relized their real just amazing….

  9. sacgeekgirl says:

    Sometimes I wish I was into couponing but that also costs time

  10. Topo Khan says:

    Rakuten are scammers, they will close your account without reason and their customer service is very rude

  11. Marvin Leo says:

    Hello Mrs Sonia the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategy

  12. Angel Divine says:

    For accurate tarot prediction on success and love that truly resonates, join us at

    http://www.youtube.com/c/SuccessAndLoveTarot

  13. Rick Aguilar says:

    Think your also getting free shipping? Nope! Its included in the inflated price!

  14. Wasn't impressed with honey. Microsoft edge browser has a built-in feature that's better

  15. Coupons are rare in Europe. Here you get a loyalty card and most deals are automatic. Sometimes there are coupons that you need to activate to use via the app.

  16. Jane says:

    1% target?? REI gives 10%

  17. J D says:

    Rerailmenot hadn't had a working coupon in the last decade

  18. Ale Arell says:

    I downloaded honey on my computer not believing it will give me cash back but wanted to give it a shot, and I was so surprised it actually gave me cash back!! This is amazing for people like me who only do Online shopping.
    Some people in the comments are saying “coupons are made to make you spend more” that’s not true in all cases. I buy what I want to buy only and it gives me money back.
    So far it’s given me $80 total

  19. "Success is liking yourself, liking what you do, and liking how you do it. – Maya Angelou",

  20. THE WISE CAT says:

    Paid for by Brad's Deals

  21. Allen Natian says:

    If a coupon makes you buy something, then you are wasting money. If you needed something and a coupon happens to exist, then you legit saved some cash. End of story.

  22. No one can make you feel inferior without your consent. ~Eleanor Roosevelt

  23. SunRae* ** says:

    I rather spend the time making overtime pay at work, then searching for coupons.

  24. ThatXoneXguy says:

    Rakuten is straight up cheeks. They never give me my money back.

  25. Our greatest fear should not be of failure but of succeeding at things in life that don't really matter. ~Francis Chan

  26. There is no chance, no destiny, no fate, that can hinder or control the firm resolve of a determined soul. ~Ella Wheeler Wilcox

  27. Bob Ross would say 🧜🏼‍♀🌟 you’re an unhappy accident ✨💅🏼🏔

  28. Be positive bro 🌈🧚‍♂ for cor0navirus 💖

  29. Yeah, the big companies want regulations because it will stifle competition. Right now the coupon industry is going great, but if you introduce more regulations, it will lower competition and ultimately force people to have fewer choices

  30. Take up one idea. Make that one idea your life — think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success. ~Swami Vivekananda

  31. Except Rakuten does have high end brands like saks, Bergdorf and many brands they sell.

  32. Louie Lam says:

    Saving over $8000 a year on spending means she spent way more then that amount. That's a lot of junk buying for a family. She needs some financial education.

  33. Omega Haxors says:

    Back up and look at the reality of the situation: People are willingly consuming advertising so that they can spend more money.
    You can save a lot more than a few % by just not buying that thing you don't need in the first place.
    My mother has spent thousands on crappy Groupons which she then justifies buying.

  34. Eric Mbogu says:

    Best ad video ever.

  35. yawdiejin says:

    I tried finding a coupon the other to buy a 1-5 yr VPN provider. It took me too long but i eventually got $10 off than i search a bit more and find one for $12. I was happy but i wasted a lot more time than i though i would've/should've.

  36. I've tried using coupons on a lot of sites,, they almost always fail so I don't bother anymore,,, 99% of the time that code has expired or is no longer valid…these sites are just getting ad revenue and clicks for there failed coupons

  37. gimmick AMERICA GLORIFY CONSUMERISM

  38. Aayush Raj says:

    Why does this feel like an advertisement for all the mentioned companies?

  39. So basically the shops raise the prices, some people profit from it (people who heavily use these cashback apps) while 90% of the customers do not (they pay a lot more in the long run).

Leave a Reply

Your email address will not be published.