Sunday, September 29, 2013

Understanding Coupon Lingo! What are ECBs? What does DND mean? Is this even English?

There are a lot of things that you need to know when you first start couponing, and one is all of the abbreviations and terms/lingo that come along with the territory!  


When texting was first getting popular, I remember everyone freaking out about the abbreviations and "text slang" - heck, I still have to google what people mean sometimes when they send me "ROTFLMAO".  Uhhhh what?  


But no need to worry!  When you see a breakdown and the couponer is talking about their "MM" purchase, or their "ECBs" and "OOP", you will know right where to come to!  Your trusty coupon dictionary!  Here I have put together a list of the most common and frequent terms, abbreviations, and codes that you might find on coupon forums, facebook, or even here on my blog.  If there are some I missed, let me know!





COUPON DICTIONARY

Don’t get lost in translation!



$1/1, $2/1, etc.:   One dollar off one product, two dollars off one
                product, etc.
$1/2, $1.50/3, etc.:   One dollar off two products, one dollar and
                fifty cents off three products, etc.
Balance Rewards:   The Balance Rewards program is Walgreens’
                rewards program.  Earn points when making qualifying
                purchases and then redeem them as a Walgreens gift
                card.
BOGO:   Buy one, get one.  Will usually end with “free” or
                “50%”, buy one product get one free or buy one product
                get one 50% off.
B1G1, B2G1:   Another variation of BOGO, with numbers
                specified.  The “B” stands for buy, the “G” for get, the
                numbers indicate numbers of products included.
Blinkie:   Manufacturer coupons dispensed by coupon machines
                in the grocery aisles next to products—dispenses coupons
                one at a time in intervals.
Breakdown:  Detailing a shopping trip by listing products purchased,
               the quantity, sales specials, and coupons used to help others
               achieve the same savings
Catalina:   Abbreviated at “CAT”, Catalina coupon machines are
                located at the register and dispense long receipt-like
                coupons that may be used on a future purchase. 
                Catalinas refer to the coupon themselves which may be
                store or manufacturer coupons.  Some are advertised,
                some are based on consumer behavior.
Coupon Insert:   Coupon circulars sent in (primarily) the Sunday
                newspapers amongst other advertisements. 
Coupon:   Abbreviated as “Q” or “CPN” A note from a store or
                manufacturer that entitles shopper to a discount on
                specific product.  Coupons may be clipped from the
                newspaper, printed from the internet, or even
                downloaded to your store loyalty card.
Couponer:   A person who collects and saves coupons to redeem
                them on products, such as groceries.
 Couponing:  The practice of redeeming discount coupons in order
                to save money.
CRT:   Cash Register Tape.  Usually used when talking about
                CVS, CRTs print at the bottom of your receipt and are
                generated based on your purchasing history (seemingly
                random).  CRTs are specific to the store they were printed.
DND:   Do Not Double

DND '5': Do Not Double, but UPC starts with a '5' (to understand why
              this matters, read about doubling coupons here)
Double:   Select stores always double coupons up to a certain
                value (usually 50¢), other stores may double on a particular
                week day or during a special promotion.
ECB:   Extra Bucks (previously Extra Care Bucks) CVS pharmacy
                program where CRTs are used for store credit.
eCoupons:   Electronic coupons may be downloaded onto your
                store loyalty card of through your cell phone. 
EXC:   Excluding or excludes in reference to product restriction on
                a specific coupon.
EXP:   Expires or Expiration Date
Handling Fee:   Refers to the amount paid by the manufacturer to
                the store as reimbursement for processing a coupon.
IVC:   Instant Value Coupon.  IVCs are store coupons found in
                the weekly Walgreens ad.  IVCs are considered store
                coupons and may be stacked with a manufacturer coupon.
MIR:   Mail in Rebate, refers to rebates which must be submitted
                by mail.  These are the traditional rebates that require you
                to mail in both your receipt and POP in the form of UPC.
Manufacturer:   Abbreviated MFR.  The company who produces
                the brand items: Dove soap MFR, Pace Salsa MFR.
MFR coupon:   A coupon created by the manufacturer, typically
                to entice a consumer to buy their product.
OOP:   Out-of-Pocket; refers to the amount of money you will pay
                to the store to make your purchase.  Does not include any
                after-purchase savings, coupons or rebates.
OYNO:  On Your Next Order—can only be used at issuing store.
One Coupon per Customer:   Limits you to using only one “Like”
                coupon per customer or person, per shopping trip.
One Coupon per Day:   Limits you to only using one “Like:
                coupon per 24 hour period.
One Coupon Per Purchase:   Refers to your ability to use one
                coupon per ITEM—meant to enforce the point that you
                may not use two of the exact same coupon for one item.
One Coupon Per Transaction:  Limits you to only using one of
                this coupon per transaction.  You may request to do
                separate transactions. 
Peelie:   Adhesive manufacturer coupons found on products in
                the store. 
P&G:   Proctor & Gamble—manufacturer that produces a wide
                range of consumer goods.  Monthly insert in newspapers.
PSA:  Prices starting at; when a group of items is on sale, such as
                25% off Tide.  May be written “PSA $2.09” and list a
                group of Tide coupons—this means the cheapest product
                is $2.09 and prices go up from there. 
Purchase:  a purchase refers to buying any item.  If I buy 30 items
                in a single shopping trip, I just made 30 purchases.  NOT
                to be confused with transaction.
Raincheck:  a Rain Check is a written slip that you can request
                from a store when a sale item is out of stock.  When the
                store restocks the item, after the sale period is over, a rain
                check entitles you to the sale price.  Issued at customer
                service.
Rolling Catalinas:   Refers to the practice of separating your
                purchase into multiple transactions in order to use register
                Catalina coupons from your first transaction to pay for
                your second, etc.
RP:   Red Plum—manufacturer that produces a wide range of
                consumer goods.  Weekly insert in news papers.
 SCR:  Single Check Rebate, Rite Aid Drugstore monthly rebate
                program.  Each month pick up your rebate booklet to see
                hundreds of dollars in possible rebate savings.  Shop with
                coupons, save your receipts and enter info online.  Request
                your monthly check to be mailed to you and cash it!
SS:  Smart Source—manufacturer that produces a wide range of
                consumer goods.  Weekly insert in newspapers. 
Stacking Coupons:  Refers to using both a store coupon and a
                manufacturer coupon on one purchase.  Nearly all stores
                will allow you to stack.  Only one manufacturer or store
                coupon may be used per item.
Stockpile:  a storage of food and non-food items.  Stockpiling is key
                to most couponing methods, the size of the stockpile
                depends on the person.  To goal is to buy items when they
                are on sale and you have a coupon, buy products before you
                need them—when you run out of an item, you “shop” from
                your stockpile.
Store Coupon:  A coupon created by the store to entice you to buy a
                certain product at their store.  Stores receive no
                reimbursement from store coupons—they may be found in
                weekly ads, printed online, or downloaded as eCoupons.
Transaction:  a transaction refers to your entire purchase, especially
                the payment you make for that purchase.  If I buy 30 items
                and then pay the cashier, I just made one transaction.
Tear Pad:  A pad of manufacturer coupons found near a product in
                shopping aisles.
WYB:  When you buy.  Some sales or coupons require purchase of
                multiple items.  For example, buy 4 Mint Milano cookies at
                $2.00 each, use 2 $1/2 coupons, Final Price $1.50 each
                WYB2.
YMMV: Your mileage (or manager) may vary.  A phrase used to
                describe that store policies and pricing varies.  Be sure you
                know your store before you shop.