You’ve no doubt heard the old adage, “if it’s too good to be true, then it probably isn’t”. But what about when too good to be true changes to even better than before?!
This is the case with the NIKE store survey offer at the bottom of their receipts — a strategy you can leverage to get over $1,000 in sweet NIKE merch for absolutely zilch. Here’s the scoop:
My wife is the kind of shopper that plans ahead, she knows birthdays and other gifts she needs to buy for throughout the coming months, and finds some of the most ridiculous deals imaginable. (We’ll be sharing even more of her finds on the blog!)
I like to call her the Coupon Princess because her mom is the Coupon Queen.
One of the coupon/rebate offers that she is fond of is at our local NIKE factory outlet store. Up until about 4-6 months ago, when you took NIKE up on the offer to rate the experience you had with their store, they’d email you a $5 coupon good on any NIKE product in any company store. It was an easy $5 off for pairs of socks, mini-basketballs, and even occasionally a pair of shoes when the kids’ soles were wearing through.
But lo and behold, over the past few months we’ve had more and more NIKE bags showing up around the house and I started inquiring about what was being brought in and at what cost. My wife and son started showing me their purchases and I realized that this trick was worthy of some Mastery of Money love on the blog.
The magic bullet for this strategy is the terms of the receipt survey. By filling out a survey (which takes about 2.5 minutes to complete) at the bottom of the receipt, entering the code given, and plugging in your email address you are emailed a $10 coupon off ANY item in ANY company store.
The kicker is you can get two $10 coupons per household EVERY SEVEN DAYS.
The genius level marketers at NIKE most likely believe that by offering more of these per household and allowing them to be requested every week you’ll be in the stores more, and ultimately buy more.
Buying more is definitely happening at our house, but the deals they’re getting are typically used as gifts, giveaways, and occasionally because the kids (or parents) need some new kicks or threads.
The details on this super deal are as follows:
- What was once a $5 off coupon was doubled to $10 off.
- 2 of these can be claimed per household, per week.
- You could request 2 every week for 52 weeks (with a purchase)
- For a grand total of $1,040 worth of merch FO’ FREE!!
Recommendations
Don’t go hog wild on this deal and buy a bunch of stuff you don’t need! The gifts that my wife is picking up are things like NIKE performance socks that are normally $10-12 and she’s getting them for $1-2+tax, or a $14.00 long sleeve black t-shirt for basketball warmups for $4.00. Daddy bought some sweet new kicks using the deal and paid just $40.00. 
If you understand the power of reselling items that have never been worn, you can probably double your money by finding just the right deals, but again, proceed with caution. (Our favorite place to resell is www.PoshMark.com!)
While you CAN get $1,040 in free merch, you’ll probably spend a bit to get there — unless you want A TON OF SOCKS!
One of the tricks of the coupon trade is you typically can only use one coupon per transaction. So, take two people to the store and each of you is going to buy one item using the coupon. My wife has had success asking the clerks if they’ll use two coupons on one transaction, typically when it’s not busy… and she’s really cute which doesn’t hurt. (#biasedhubby)
At the very least, explore your options when it comes to massive money saving tips like this one. And when buying gifts for friends, family or yourself, consider using the NIKE store’s generosity to your benefit!
PS> This strategy is ideal if you have a NIKE outlet store nearby. Generally the goods there are discounted already and it increases your savings dramatically.
Adam Carroll is the founder and Chief Education Officer at MasteryOfMoney.com. His wife is the chief money saver in the family and she schools him regularly on her sweet deals. With the money she saves, Adam gets to explore fun investing opportunities!
