
April, 2011
Catalina, one of the largest coupon distributors, has launched “Coupon Network” as an online extension of its popular at-register coupon offerings. The coupons on Coupon Network include many staples such as Campbells Soup and General Mills, but other non-grocery brands have launched offers on the site such as Fisher-Price and General Electric. Catalina’s move to online couponing is on trend with the increasing number of coupon sites that are launching. Coupon Network will face competition from already popular coupon sites Coolsavings.com, Coupons.com, and Redplum.com. The online coupon market has been booming over the past few years: while online coupons represent only 1% of coupons distributed, they now represent 10% of coupons redeemed. Catalina has been increasing their online couponing presence over the past year through increasing offers by mobile email, developing Target’s coupon section of their website and acquiring E-Centives, and internet couponing company. One of Catalina Coupon Network’s main attractions is the “YourBucks” feature. YourBucks offers in-store discounts off of any purchase a consumer makes the next time they shop, rather than an offer off of only one specific item like the usual coupons featured on the site. Retailers have been quick to adopt Catalina’s new site. Many larger retailers such as ShopRite have already added YourBucks to their websites. For more information, see The New York Times.