What Are Vouchers and Discount Codes & How Do They Save You Money | 2023 Guide — Product Reviews, Shopping Guides, Voucher Codes, Discounts & Deals (2024)

Our highstreets and shopping centres have been experiencing huge changes in the last decade, and that’s largely down to the prevalence of online shopping. The ability to narrow down your search results, instead of having to rifle through endless shopping racks, means that many of us spend our lunch-breaks and evenings hunting online for desired items.

However, this can sometimes have an adverse effect on our bank accounts. Having the world at your fingertips can often leave us waiting for that much-anticipated pay-day to come around.

This is where discount codes and voucher codes come in handy: online vouchers allow us to have our cake and eat it by saving us pounds and earning us discounts on some of the biggest brands.

WHAT is a VOUCHER code or DISCOUNT CODE?

Voucher and discount codes are a way of bringing shopping items into your price-range, without having to hunt around for a cheaper, potentially lower-quality brand. A discount code or voucher code is simply a combination of numbers and letters, that shoppers can enter during the checkout process to redeem a specific discount or offer. A voucher code or discount code may offer a percentage off the total purchase price or a fixed amount off a specific product. Some voucher codes may also offer free shipping or other perks. Don’t forget, both voucher and discount codes are applied at the end of your purchase to give you a reduced price on your desired product.

These codes are typically provided by retailers, businesses, or service providers as a promotional tool to incentivise customers to buy their products or services.

HOW DO DISCOUNT AND VOUCHER CODES WORK?

Voucher and discount codes entitle shoppers to a discount on a particular item or brands by providing you with a a sequence of letters and/or numbers that you will enter during the checkout process to redeem a specific discount or offer. This code will be clearly displayed on the page with the product description and it will be easy to identify.

These voucher and discount codes can then be copy-and-pasted or typed into a designated box upon check-out. It’s after this that your discount will be applied to the final sum in your cart – it’s as simple as that!

What are the types of discounts or offers provided through voucher codes?

The types of discounts or offers provided through voucher codes can vary. They may include a percentage discount (e.g., 10% off), a fixed amount discount (e.g., £5 off), free shipping, buy-one-get-one-free deals, or other special promotions. The terms and conditions of voucher codes can vary as well, including limitations on usage, expiration dates, and specific eligibility criteria.

WHAT’S THE BEST WAY TO USE THEM?

There’s no correct way to enjoy a discount or voucher code – just use it when you’re looking to get some money off your purchases.

By using a discount voucher site, you will be able to shop from your favourite brands and be in the know about the latest discounts you could get when using discount codes or voucher codes at the checkout.

Whether you’re just indulging in some retail therapy, or you’re after a loved one’s favourite brand, vouchers and discount codes help you to avoid paying the maximum price. So, if you’re after something special, but don’t want to have to shell out on a premium price, then a voucher code could help you keep a few pounds in your pocket.

BECOME A SAVVY SHOPPER

By using voucher and discount codes, you’ll inevitably become a much savvier shopper. Instead of relying on the brand’s home page to find the best possible price, you’ll be using codes to beat other price offers out there.

Discounts that are partnered with major brands provide you with the reassurance that, while you’re getting a lower price, you’re still getting an official, reliable product. It enables you to find products you love, without having to shell out the full price. When each product has a discount code to go with it, you can make informed choices on which item best suits your needs and wishes, and still enjoy some savings on top.

WHAT ARE THE BENEFITS OF DISCOUNT AND VOUCHER CODES?

Discount and voucher codes are certainly easier than they used to be. In order to get a discount on your favourite clothing brand, you’d have to physically hand over a voucher to a sales assistant, and hope your local shop had the product you were after. While physical vouchers still exist, modern online codes enable you to get money off, without having to hike to the shops, or hunt around for a misplaced voucher.

On top of this, many people resent having to wait around for seasonal sales to save money. After all, once the sales finally come around, your product might no longer be in stock, which can be a huge cause of aggravation. Discount and voucher codes allow you to get money off outside of designated sale seasons. You can hunt around for bargains from your favourite brands with the freedom to browse at any time of year.

By using discount codes online, you won’t have to keep checking your coupon’s expiry date. Most discounts and vouchers have a limited time when you can use them, but when you’re using an online site to get your bargains, you’ll know a voucher code is still valid by its presence on the website. For instance, you’ll know when a discount code is usable because it will be clearly displayed on the product’s page. This instantaneous method of getting discounts removes the need to trawl through the fine print to find out when your offer expires.

One extra benefit of finding a discount code to enjoy with your shopping is helping to reduce the final cost with postage included. As any online shopper will know, the price displayed on the product is just half of the story. Online shopping can sometimes come with the extra price of getting it posted to your door – even more so if you choose for a premium, express postage option. Once you’ve applied your discount, the final price will certainly be a lot more wallet-friendly, even with postage included.

To put it plainly, discount vouchers are online codes that can be pasted into a designated box upon checkout to save you money on your online purchases. Whether you’re looking for a new wardrobe for the upcoming season, you have a baby on the way and need new clothing or accessories, or whether you’re looking to upgrade your garden with new furniture, discounts and vouchers provide you with a competitive price. There’s no need to scrimp on quality when you can make savvy shopping decisions with a little help from a discount code.

Overall, voucher codes and discount codes can be a great way to save money when shopping online, and they are often an effective way for retailers to attract and retain customers. Shoppers should always check for available codes before making a purchase to ensure they are getting the best deal possible.

What Are Vouchers and Discount Codes & How Do They Save You Money | 2023 Guide — Product Reviews, Shopping Guides, Voucher Codes, Discounts & Deals (2024)

FAQs

What are voucher codes? ›

A voucher code is a unique identification number that consists of alphanumeric series given to each individual voucher. When presented for payment an individual can avail of the said discount for the product or service rendered to him. Also see: Difference Between Source Document and Voucher. Suggest Corrections.

What is the difference between a voucher and a discount code? ›

Usually, a Gift Voucher will have a shorter Expiry Date - from 2-12 weeks. A Promotion Code is to be used Online and will usually result in an offer of percentage discount, free shipping or a reduction in price. Promotion Codes are single-use only and not redeemable for cash.

What is the purpose of a discount voucher? ›

As well as helping to tempt buyers into your physical or online store, discount vouchers can also help to boost customer loyalty and brand awareness. If you think a discount voucher could help your business, here are five ideas for ways to use this effective marketing tool.

What do discount codes do? ›

Definition: Discount codes are personalized or publicly-released codes offered to customers as a purchasing incentive that reduces the price of an order. Discount codes can be an effective means for ecommerce stores to attract shoppers and encourage repeat customers.

How to use a voucher code? ›

This code will be clearly displayed on the page with the product description and it will be easy to identify. These voucher and discount codes can then be copy-and-pasted or typed into a designated box upon check-out.

Can voucher codes expire? ›

Yes, voucher codes have expiration dates, and it's essential to use them before they expire. Be sure to check the expiration date on your voucher or your email if it is an e-voucher and plan your purchase accordingly.

How discount code works? ›

A coupon code is a sequence of letters or numbers that you can enter during the checkout process when making an online purchase. It's like a virtual key that unlocks discounts or special offers on the product or service you're buying.

Does voucher mean free? ›

For many workers, a voucher is a receipt that proves they spent money on something, like travel, which their company will later pay for. A voucher is also a type of coupon that allows you to purchase something for less or no money, even tuition to a school. Both types of vouchers allow you to save money.

What does voucher code look like? ›

Voucher codes are usually a short string case-sensitive of numbers and letters that you can obtain from any ongoing promotions or offers, such as our rewards from IKEA Family reward keys.

What is the purpose of a voucher? ›

A voucher is essentially the backup document for accounts payable, which are bills owed by companies to vendors and suppliers. Documents in a voucher can include the supplier's invoice, amount owed, due date, general ledger accounts, and shipping receipts.

Why do people use vouchers? ›

It shows that you know something about the person. It's a little more personal than cash, and can be a little more fun. If you receive cash, you're likely to just put it in your wallet and spend it on whatever comes up (unless it's a large amount). You are thankful, but the gift is less memorable.

What is the advantage of voucher? ›

The receipt of a voucher carries the implied understanding that all transactions have been made without any flaws. Vouchers are essential evidence of transactions based on voucher entries in the cash book as well as other books of accounts. The amount payable is confirmed and verified based on voucher entries.

How do influencers make money from discount codes? ›

Commonly, influencers earn money for each customer they bring in. That means that whenever a person buys a product using a discount code or an affiliate link provided by a particular influencer, they earn a commission based on their contract with the brand.

What are the disadvantages of discount codes? ›

The Cons of Using Coupon Codes
  • Cut into your profits. The most obvious con to using coupon codes is that they cut into your profit margins. ...
  • Reduce the value of your product or service. ...
  • Be exposed to fraud.

What happens when you use an influencer code? ›

Influencer codes are unique discount codes given to social media influencers, who then share these codes with their followers. This method leverages the trust and influence that these individuals have built with their audience, offering an effective way to drive traffic and sales to your website.

What is a payment voucher code? ›

A payment voucher is a way to record payments made to suppliers and maintain a history of payments that your business has made. Companies use vouchers to gather and file supporting documents that are required to approve and track payments of liabilities.

What does it mean to redeem a voucher code? ›

to exchange a piece of paper representing a particular amount of money for that amount of money or for goods to this value: I've never had any issues redeeming coupons there.

What is a voucher number example? ›

The voucher number consists of a five-part structured reference. For example, it can incorporate journal class code, accounting year, accounting period, accounting date and sequence number (Voucher Number Stream).

What does it mean when you have a voucher? ›

A voucher is a certificate or document that either allows you to purchase something or proves that you paid for something. A voucher is sometimes valuable. When you can vouch for someone, you're willing to recommend them and say they're a good person. A voucher does something similar.

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