Coupons and Deals Differences

Coupons and Deals Differences
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Coupons and deals differences
A coupon is a document or a piece of paper used to get a product for a free or reduced price. A business deal is an agreement between a buyer and a seller on financing terms and prices. Though they might seem to bare a similar concept, a coupon can be distinguished from a deal. A coupon is a code or a printable voucher that must be entered or surrendered when an individual is making the actual purchase. On the other hand, a deal is a discounted rate on a specific product or group of products. For example, Trek Company succeeded in business by expanding into China and signing business agreements with local distributors (Kerin & Hartley, 2021). Therefore, a coupon is issued as an incentive to encourage customers to visit the business, while a deal is an agre...