Qoo10 is probably the most popular online shopping site in Singapore. I’ve been a Qoo10 user for more than a year. Qoo10 succeeds in attracting shoppers by giving out incentives in the form of coupons (discounted prices) and points (cash to offset payment). Because of the volume of business Qoo10 generates, often times sellers are willing to lower their profit margin, making the prices of items on Qoo10 attractive.
Let me illustrate how i managed to pay just $3 for a $7.50 item. Firstly, I grabbed hold of coupons from the long running Qoo10 and MasterCard joint promotion (unfortunately the promotion ends today 30th Sep 2015). The coupon pack is available for use as long as payment is made with MasterCard. The coupons are applicable to purchases of $2 and above, and result in at least 10% or more of savings, which is quite significant.
Next, I took advantage of a promotion related to the ShoppingTalk app, whereby if you install the app, you are awarded 300 Q-points (equivalent to $3) and a cart discount coupon that gives $5 discount on a $10 and above purchase.
Here’s how i applied these coupons in my purchase of 2 sets of $7.50 Ayam Penyet meals: first the $2 item discount, which takes the items price from $15 down to $13. Next, i used the $5 cart discount, which takes the total price of $13 down to $8. Finally, during payment, i selected to utilize 200 Q-points, which gives me $2 to offset the payment. So, in the end, I’m paying just $3 per set meal.
The promotions mentioned above are probably no longer applicable by the time you’re reading this post, but I think you get the idea that a combination of coupons and points (which are often given out for free) will sometimes earn you pretty good deals on Qoo10.