If you’re interested in saving money, you know that coupons can save you hundreds of dollars at the grocery store each month. Some people invest time in couponing like it’s their job and, in return, cut their spending by $1,000 a month or more.
However, unless you’re a hardcore couponer, you’re unlikely to see such a return on investment.
What you might not know is that you can save even more money by selling coupons online for cash. Search for “coupons” on eBay, and you’ll get thousands of results. Is this profitable—or even legal?
Yes, it is. Keep reading to learn how to sell coupons online for big bucks.
Is Selling Coupons Illegal?
While there are no laws against selling coupons, selling or transferring them to a third party violates the coupon redemption policies of most manufacturers.
However, if you’re spending valuable time saving and preparing to sell coupons for cash, you can consider it a service to the buyer. Providing this service isn’t against the law.
So, you’re ready to try selling coupons. If you’re not a couponer, where do you start?
Finding Coupons to Sell
There are several ways to stockpile coupons. Although newspapers aren’t as popular as they once were, they’re still the first place you should look for coupon inserts.
When searching papers for coupons, make sure you look through the paper in its entirety. Sometimes you’ll find them in unlikely places, such as the entertainment section. Many newspapers include coupons on specific days—usually Sundays and one other day of the week.
Make sure you’re on major distributors’ mailing lists (think companies like Lowe’s, Home Depot, Proctor & Gamble). They will send physical coupons through the mail and some you can print via email.
Don’t give up any coupons for products you typically purchase for your family but definitely start saving those that you aren’t using.
If you know friends and family that also receive coupon inserts and don’t use them, ask them to pass them along. And if you’re brave, you can also try dumpster diving on specific days of the week to find coupons others have thrown away.
Where to List Coupons
Once you’ve collected coupons to sell, it’s time to list them on an online marketplace.
eBay is a popular choice, but you can try the Facebook Marketplace as well. You’ll see people selling their coupons in multiples—sometimes selling the same coupon in batches of 20 or more.
It’s essential to list the specifications of each coupon in your item descriptions. Buyers will be interested to know the expiration date, any exclusions, and whether it can be doubled.
Start Selling Coupons Online
Don’t leave the free money you can make selling coupons online on the table.
It’s possible to dive right into selling, but if you’re hesitant, take your time. Now that you know where to sell coupons and how it works, you’re on your way to potentially making a lot of money.
Good luck! Don’t forget to subscribe to our newsletter for more tips on improving your lifestyle.