Question: Is Selling Your Coupon Stockpile Illegal?

Can you buy something and resell it?

Yes, you have the right to resell just about anything that you buy.

But if you’re operating as a business, you’re obviously going to need to market the items you sell..

Do stores lose money from extreme couponing?

You’ll be happy to know that your store doesn’t lose a dime when you use coupons. In fact, they make more money when you use coupons to save. … Not only does the store get back the coupon’s entire worth, it also will receive from the product manufacturer a payment of 8 cents per coupon redeemed.

What is Coupon abuse?

Promo abuse or coupon fraud occurs when an individual – customer, vendor or a partner agency takes advantage of a promotion, abusing the Coupon Policy. Fraudsters might benefit from redeeming a coupon multiple times, or simply using them to gain money and other valuable items or services.

Is it safe to use coupon codes?

Yes as long as you are using coupon and promo codes from legit websites like Dealspotr Online Coupons, Codes & Deals | The #1 Deals Community and Retailmenot.com. … With that being said, it is always best to search for a coupon code before doing any shopping online. Any money saved is money in the bank!

How do I sell my stockpile?

How do I sell my stock?Scroll down to your stocks under My Stockpile.Tap on the stock you want to sell.Select how much of your shares you’d like to sell then hit Next.Scroll down and hit Place Order.You are all set!

Where can I sell my coupons?

CouponTrade.com is an online marketplace on which you can buy and sell coupons of all kinds.

Is couponing really worth it?

Using coupons seems like an old-fashioned, time-consuming way to save a few cents on the products you buy at the grocery store. After all, most coupons don’t usually have a face value of more than $1 and, quite often, they’re worth far less. But done properly, couponing can save you thousands of dollars every year.

What is glittering or coupon balancing?

Glitter is the new word for glitch, and glittering is the new term for glitching. It’s the same old game with a new term to disguise what it actually is – coupon fraud. … She was charged with profiting more than $4700 in coupon overage for using the coupons on a product for which they were not intended.

Is it illegal to sell my stockpile from couponing?

Sell from your stockpile. … Some people even go to the extreme of setting up flea markets in their homes to sell “goods” purchased with coupons. This is illegal for multiple reasons. The purpose of coupons is to save individuals money—not to help someone sell products for profit.

Can you go to jail for couponing?

Coupon fraud is a punishable offense and, while penalties vary case by case, the Coupon Information Corporation (aka, the CIC) says that the harshest convictions for this type of fraud include a 17-year prison sentence and a financial penalty of up to $5 million. Coupon Fraud is very serious.

Is coupon glitching illegal?

Regardless, glitching, in any form, is coupon fraud. As manufacturers and retailers caught on to the glitch groups, they worked with online social networks to shut down many of these illicit groups. … It’s the same old game with a new term to disguise what it actually is — coupon fraud.

Where do extreme couponers get their coupons?

Extreme couponers get their coupons from a number of different sources, from coupon apps like these to websites, newspaper inserts, stores and many other places. While they do get those high value coupons, they also get regular coupons. They just know how to combine them effectively to maximize their savings.

What do extreme couponers do with all the stuff?

Couponers are passing their savings onto you with stockpile sales. They buy the diapers or shampoo at a discount with coupons. Then, they sell their surplus to you less than the retail store sells the product. The couponer then makes a profit, and you save money.

How do extreme couponers make money?

The easiest way to make money with coupons is by combining them with other coupons or using rebates. You can combine manufacturer coupons, store coupons, and rebate offers on one item but can’t have two of the same coupon per item.