We all know that coupons are a great way to save. Coupons can save 100’s of dollars each and every month. It can be a chore but I want to let you in on a little secret.

You can sell your coupons for cash, if you’re in a situation where you need to generate some extra money you can do it with coupons. In my ebook “25 Things” This  topic is well covered, but I thought I would share it with Pennyroll readers.

How to make money with coupons on eBay

(Excerpt from 25 Free Things that sell on eBay)

1. Coupons, Coupons, Coupons

Coupons are an amazing business on eBay, and extremely profitable! In fact, they are one of the best listed/sold ratio on eBay. I’ve seen everything from free soda coupons to discounts on dog food, baby formula, food products, make up, and of course just about everything else.

Coupon come in a variety, of shapes, colors, sizes and discounts. There’s a coupon available for just about every product or service that can be imagined. I’m sure that you’ve come across a coupon today, that would have been a great seller on eBay!

There are several people that sell coupons they find in the Sunday and Wednesday newspaper. They create an entire business just from that one source. I recommend that use as many sources as possible.

I’ve personally sold  Lowe’s coupons, subway coupons, fashion bugs and many more, I’ve made a profit on each one and received nice feedback as well. This is a great item to add to your arsenal of eBay auction items!

Let me show you a few example (see the image below) “$20 dollars off any $100 dollar purchase” It’s from a national chain store. I picked it up over at the post office this afternoon! They have a bin and a table where everyone tosses the coupons and magazines they don’t want from the PO boxes. They don’t know the secret you now know. They are tossing out money! Have you ever tossed away a coupon?

It’s Free Cash! Sell one a day and at the end of the month pay a big bill or two. Sell 5 or 6 a day and make a car payment at the end of the month! Once you realize that this is money you will start seeing coupons everywhere.

Cabela’s $20 dollars off $100 dollar purchase!

If you can’t see the auction in the background, it’s the same coupon as pictured selling on eBay. The Coupon received 3 bids and ended at $2.25 This coupon was free at the post office, it’s basically a piece of what many people refer to as “junk mail”. When you see these items laying around the post office, you are looking at carelessly tossed out free money. Everyones heard the term one mans junk is another mans treasure, but did you know that applied to junk mail as well?

Next, is a typical and pretty common Lowe’s coupon that comes in the mail (I’ve sold them). When it comes they are usually all around the post office, most people just toss them away in that big bin full of junk mail or leave them on the table at the post office.

This is a lot of 6 Lowe’s coupons offered on eBay at 11.99

But the big question, did they sell? The answer, YES they sold over and over!

Thats 30 coupons for $60.00 dollars! That’s big money and that’s an entire business if you do it full time. Or, do what I do add it to your collection of income streams!

Let me just say that coupons are definitely not the hardest thing to come across. In fact generally speaking it’s much more difficult to avoid them then to get a hold of them.

When I checked out at the grocery store today I received 5 coupons along with my receipt.

There are many different ways to get coupons, you can pick them up in the local papers, the entire paper not just the coupon section, try the entertainment section! Many local newspapers offer coupons on both Sunday as well as an additional coupon day, generally Wednesday or Thursday.

Get on mailing lists, you can sign up  on the Internet. Get on the major distributors mailing lists such as Johnson & Johnson, Proctor & Gamble, Purina , Lowe’s, Home Depot, Enfamil, etc. Get a few each time you go to the post office, I guarantee they are everywhere. It’s basically free money, pick it up

Take a look at some Completed Coupon Auctions

* Don’t use paper towels at all if you can. Use old clothes as rags. Have cloth napkins (we just use microfiber clothes you can buy in bulk at Big Lots or an auto place)

* Don’t drink anything that comes in cans. Drink tap water preferably, make tea (use loose leafs or herbs you can grow), or make lemonade.

* Turn off and unplug anything you can. Hang dry clothes. Only flush toilets as necessary. Do everything you can to save on utilities. Don’t turn on lights more than you have to, and then use fluorescent bulbs and the fewer the better. * Don’t ever buy something thinking

“It’s only $1!” Those things add up quick, even candy bars and chewing gum. Big things: focus on housing, transportation, and any regular bills (cancel cable/satellite if you have it). Go to FruWiki.com for lots more tips.

Brought to you by a comment on pennyroll.com that needed to be it’s own post:

Meg from FruWiki
http://www.fruwiki.com

Very Unique Small Business
Ad specs… Promotional Items!
(a little tiny investment) 200.00 or less, you can start with a small amount and work your way up!
Ad Specs This is a business that I use to be in… It was profitable… In fact quite profitable. If you own a business then you may have received a call from the “pen guy”… The pen guy offers pen, magnets, frisbees, etc with your business name, number and slogan on them.

Printed pens can be ordered directly from the manufacture, for as little as .08 cents a piece or 8.00 for 100 + shipping and handling. We sold boxes of 100 pens for 59.00 to 89.00 we referred to it as a starter kit and we sold them all day long… This idea is far from saturated on eBay.

Here’s the premise, create an ad with urgency a super sale so to speak. We were always closing out something weather real or implied that is how they are sold.

The great part about participating in this business is that there is no need for overhead or inventory. As long as you can generate sales, you can basically create a drop ship situation.

Let’s say that you start an auction right now for a nice box of pens for 49.00 sort of an introductory offer if you will.

Joe from Joe’s Pizzeria sees the add and decides that he want it, after all it’s better the 69.00 or 79.00 that he been paying.

All that you have to do is collect the information that will be displayed on the pen from Joe For Example:

Joe’s Pizzeria
A Slice above the rest!
555 State St. Whatever Town USA
999-555-5555

Now all you have to do is collect the money from the sale, then place the order with your wholesaler, have the pens shipped directly to the Joe.

There are many wholesales but here’s one that offers great prices.
http://www.4imprint.com

Quite an easy way to generate an extra income.

NOTE: If your bold and are willing to pick up a telephone and phone book (lead book) and start making calls you should easily be able to generate 3-6 sales a day as a beginner. 150-300.00 per day profit. I know guys that can do 600 a day! This is a fast hard sell situation.

Here’s the phone sales script (Make sure you’re talking to a person who can make a decision, the owner is best)

Hi I’m “name”, you may remember me I’m the guy that does the pens, you know the pens with your business name and number on them. The reason for the call, we’re closing out boxes of 100 pens right now and you can take them for next to nothing! (This is a qualifying question – say nothing and wait for a response, make sure not to speak even if 5 minutes passes it will blow the sale)
If – No Thanks,
That’s it that is the end of the call. (it’s a numbers game) No one buys after this point if they say no at this point.

You’re looking for the answer “How Much are they?”
“How much are they?” means that they want them and the only thing that could separate you from the sale, is price. So at this point price is the only thing that matters.

Response to “How much are they?”

Describe them!

Ok! These are all black round ball point pens with a pocket clip cap, what we do is print in gold “(Business Name) Joe’s pizza Shop A Slice Above the Rest! (read the address to them you have it in the phone book) 555 state street Any Town USA” then we put your phone number on em’ (read it back to them) 999-555-5555

Normally a box of 500 of these pens goes out of here for 449.00 a box all day long but were closing them out right now! Every pens gotta go!

Here’s what I’m going to do for you, take a box of just 500 of them and I will give them to you for 349.00 that it! Take em for that and you’ll love them!

Expect a yes but they are going to say no thanks at this point in most cases. That’s ok were going to sell this box.

Get a yes, it doesn’t matter what the yes is for. Ask a question that will require them to say yes. Joe would you drop everything to spend a week on the beach drinking margaritas all day long if I paid for it? Yes!

Listen Joe I gotta move these pens so I’ll tell you what I’ll do for you, take the box of 300 Printed (describe the pen) (repeat the business name address slogan once again) take them for 179.00 Your going to love them for that!.

This is called a high pressure 3 price drop close! It’s fast. Get another yes “Joe do you like to make money, do you want to make a lot of money?” Yes (It doesn’t matter what the question is as long as it a yes question.)

You killing me Joe but I have to get rid of these pens we have to move them no matter what! Tell ya what I’ll do because they have to go! Just Take the small box of 100 pens (read the business name number slogan)
Take em for 59.00 The worst thing that could happen, your customers will get a warm pizza delivered on time!”

Ok I’ll take them for that!

Go straight to confirm the sale.

Were going to get these out to you at (read the address, the business name the slogan zip code, everything!)

The key is to keep the pen price high and sell as many as possible, some sellers will only drop the price on 500 and 300 and will not even offer a box of 100. a box of 100 is too easy to sell!

Warm down the sale. Don’t get off the phone with the same urgency as you had through out the close. Ask about the weather but don’t stay on the phone long.

That’s it hang up the phone and make another sale! $150.00 to $300.00 then 4-5-600.00 a day!

On your eBay ad create the same type of urgency and you will sell more pens. That’s the secret to the pen business.

Google “A Slice Above the Rest!”
The slogan was born from the pen business.