How To Make Money Doing Online Couponing

  

Online couponing is when you collect coupons so you can use them to buy supplies or groceries.  It can be a lucrative business idea. If you enjoy clipping online coupons, this could be a great money-making venture for you. You need to invest money on this business though.

First Step.  Clip Coupons

First, you need to clip coupons. Find coupons online and offline.  Newspapers, mailed company coupons, newletters, magazines and others are good sources of coupons.  If you go to your favorite stores, you will surely find printed coupons in there.

 There are also a lot of coupons you can print online.  Some sites feature a compilation of coupons direct from the company websites. If you are looking for a particular product, you might as well go directly to the company site.  This way, you will be able to find and print a number of coupons from them.

Second Step.  Buy in Bulk Using Coupons

Second, use these print coupons to buy bulk items from the store. It is not unusual for coupon clippers to end up with 20 dishwashing pastes, for instance. Or, a whole box of noodles. Bulk purchase often enables the seller to sell at a discount.  The buyer also enjoys bigger markdowns in prices if a product is purchased in bulk.

 Third Step. Sell

Once you got your items, the Third step is to sell them online through Facebook, Ebay and other selling sites. Or, you can call your friends and sell them directly the items you bought at rock bottom prices for a profit. You're helping them get the things they need at a discounted price and they're helping you make a small profit. The store where you bought it from also makes sales from the the bulk buy you made.  It's a win-win situation.

 Other Methods to Make Money

Cashbacks

If you do not enjoy clipping coupons then using cashback on purchases could also be a good way to get goods at a discount and sell them for a profit.  Sites like ebates.com pay you money for the purchases you make.

Use Credit Card to Purchase Products with Coupons

Credit cards also offer you Cashbacks. But be wary when it comes to using credit cards because of its high interest rates.  Credit cards with NO interest plus provide cash back is a better way to buy and sell goods.  If you use coupons on top of interest-free, cash back credit card purchase, you could make huge profits.

 Overtime, the small profit from each item could add up and you could have a neat income for the entire month.

If you do not like selling the extra stuffs you accumulated, you can always donate them to the food bank or other charitable institutions.