Coupon Text Messages save students money
Lindsey Pruitt
Issue date: 3/25/09 Section: News
Collegetokens.com, a one-year-old Web site dedicated to saving college students money by sending coupons to their cell phones in seconds, is quickly expanding.
The site founders, Kelvin Stroud, Jimmy Anderson and Ricky Beauchamp are all UA graduates and alumni of Greek Organization Phi Delta Theta.
Stroud said they pride themselves on being the main college coupon provider for the SEC and are focusing on that, but are not turned off from expanding even further.
Some of the cities collegetokens.com has recently added are Dallas, Denton, Conway and Fort Smith, but Fayetteville still has the most coupons available with 55. Following closely behind is Conway with 25 and Fort Smith with 18.
Stroud said their idea for the site stemmed from an article on the MSN Money Web site last year that stated that 99.5 percent of paper coupons were never redeemed. "Paper is just being thrown away and money is being wasted on thousands of pounds of useless coupons," Stroud said.
Realizing that there was a more effective way to get coupons to college students, the three created the site in hopes of reducing paper waste and reaching a larger group of students since all college students come in contact with computers.
"Collegetokens.com is unique because businesses can always change their offers if they feel they are losing money at any point," Stroud said. Contrary to paper coupons which usually last about six months, with the Web site, businesses can change their discounts at any point in time.
Stroud said the Web site provides a way for businesses to offer great deals that will help get people in the door and when they feel they have enough customers they can lower the discount or even take it off completely making it a win-win situation.
Collegetokens.com gets paid for the businesses being able to advertise on their site.
"For students the deal is great because although you can only get one coupon per offer, you can have your friends forward coupons to you, so your savings really never end," Stroud said.
With the economy in a feeble state, Stroud said now is the time to save and UA students can rest assured there are plenty of opportunities.
Although Stroud said the business is keeping its head above water, they are currently meeting with potential investors and he said they are having success in Fayetteville.
Taco Bell, a late-night favorite, is coming soon.
Although the site caters to college students specifically, there is no restriction; anyone can utilize the site and the site continues to work throughout the summer, as well.
Even though students will not be in school, Stroud said they will use this time to further advertise their services and try to spread the word about the site in Arkansas and into Arkansas' border states.
"Collegetokens.com will save students hundreds of dollars while they eat, shop and entertain themselves around town," Stroud said. "Everyone should check it out."
The site founders, Kelvin Stroud, Jimmy Anderson and Ricky Beauchamp are all UA graduates and alumni of Greek Organization Phi Delta Theta.
Stroud said they pride themselves on being the main college coupon provider for the SEC and are focusing on that, but are not turned off from expanding even further.
Some of the cities collegetokens.com has recently added are Dallas, Denton, Conway and Fort Smith, but Fayetteville still has the most coupons available with 55. Following closely behind is Conway with 25 and Fort Smith with 18.
Stroud said their idea for the site stemmed from an article on the MSN Money Web site last year that stated that 99.5 percent of paper coupons were never redeemed. "Paper is just being thrown away and money is being wasted on thousands of pounds of useless coupons," Stroud said.
Realizing that there was a more effective way to get coupons to college students, the three created the site in hopes of reducing paper waste and reaching a larger group of students since all college students come in contact with computers.
"Collegetokens.com is unique because businesses can always change their offers if they feel they are losing money at any point," Stroud said. Contrary to paper coupons which usually last about six months, with the Web site, businesses can change their discounts at any point in time.
Stroud said the Web site provides a way for businesses to offer great deals that will help get people in the door and when they feel they have enough customers they can lower the discount or even take it off completely making it a win-win situation.
Collegetokens.com gets paid for the businesses being able to advertise on their site.
"For students the deal is great because although you can only get one coupon per offer, you can have your friends forward coupons to you, so your savings really never end," Stroud said.
With the economy in a feeble state, Stroud said now is the time to save and UA students can rest assured there are plenty of opportunities.
Although Stroud said the business is keeping its head above water, they are currently meeting with potential investors and he said they are having success in Fayetteville.
Taco Bell, a late-night favorite, is coming soon.
Although the site caters to college students specifically, there is no restriction; anyone can utilize the site and the site continues to work throughout the summer, as well.
Even though students will not be in school, Stroud said they will use this time to further advertise their services and try to spread the word about the site in Arkansas and into Arkansas' border states.
"Collegetokens.com will save students hundreds of dollars while they eat, shop and entertain themselves around town," Stroud said. "Everyone should check it out."
Viewing Comments 1 - 8 of 9
Mark
posted 3/25/09 @ 2:08 PM CST
Collegetokens.com is so easy and convenient, i use it all the time. i can't think of any reason not to use it, unless you dislike saving money!
PenaltyBox
PenaltyBox
posted 3/25/09 @ 2:17 PM CST
I've gotten a chance to use CollegeTokens.com in several different cities, and it's amazing the reactions I get. All of my friends want to know where I got the coupon from, and everyone loves the idea of saving money without having to clip coupons. (Continued…)
Chanandler Bong
posted 3/25/09 @ 2:40 PM CST
I live in Dallas and I use College Tokens all the time. I was slightly skeptical at first about using coupons, but when I started saving 20% on my dry cleaning and getting free appetizers with meals, my skepticism went right out the window. (Continued…)
tlincic
posted 3/25/09 @ 3:13 PM CST
My favorite are the coupons for the Clothing Boutiques around Fayetteville. I love getting discounts at Private Gallery, Lola, and Something Urban!
ricardo
posted 3/25/09 @ 8:23 PM CST
I was using collegetokens the other day buying some pizza. A girl behind be in line was amazed that I could get discounts on my cell phone. 50 bucks, an Old King Clancy, and 2 1/2 bottles of maple syrup later, I had a date with the aforementioned girl where I used collegetokens yet again. (Continued…)
Will Sanders
posted 3/27/09 @ 11:10 AM CST
I love this site, you can reuse the coupons over and over and send them to your friends. Its free and saves you money all around town. My favorite is Wasabi Buy 1, Get 1 Free!
chris farmer
posted 4/15/09 @ 12:53 PM CST
Collegetokens.com is soooo cool, I love the 50% Off massages and all the great tanning deals!
Brian Beauchamp
posted 4/27/09 @ 9:26 AM CST
For Serious, Best web site ever, I love the Qdoba coupon and all the great shopping deals!
Post a Comment