Coupons On eBay?!?
I stumbled upon an app called GrocerySmart (aka Grocery Deal). This app, like many, posts a list of sales available at a few local stores and also lists the coupons that are available that match up with the store sale. GrocerySmart also has a rating system (1 – 5 stars) to show what are the REALLY good deals. The nice thing about this feature is you do not have to waste time scrolling through long lists of deals…you can set the settings to show only the 5 star bargains – which greatly shortens the list.
Today when I looked on GrocerySmart, my favorite store had Dial Liquid Soap at $1.27 (regularly $2.95). Now…here is where the shock and awe comes in…On eBay, I could buy 10 $1 ($10) coupons for $2.50. So, if I bought 10 liquid soaps and used my ten $1 coupons I purchased from eBay – the math would look like this…
- Regular price $2.95 x 10 = $29.50
- Sale Price $1.27 x 10 = $12.70
- Minus Coupons $12.70 – $10 ($1 x 10) = $2.70
- Add back the cost paid to eBay $2.70 + $2.50 = $5.20 my cost for the 10 bottles of soap.
The savings is $24.30 for the 10 bottles of liquid soap. This is something we use a lot of, so the time spent (about 15 minutes to find the deal and order the coupons from eBay) was worth it.
I never would have imagined coupons would be a commodity worth buying and selling! ~Brenda