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Petco Printable Coupon: 50% off Entire In-Store Purchase EXPIRED

epicd2012 1,076 September 14, 2012 at 02:19 PM in Brick & Mortar (B&M) (9) More Petco Deals
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Promoted 09-15-2012 at 11:04 AM View Original Post
Petco Stores [Store Locator] offer 50% off Your Entire Purchase with this Printable Coupon. Offer valid today only. Thanks scottl266 & velocityhead

Note, you must be Pals Rewards Member (free to join)

Original Post

Edited September 16, 2012 at 11:15 AM by epicd2012
I received an e-mail from Petco with mystery savings at B&M stores on Saturday, September 15th 2012. The savings levels possible are 10%, 15%, 25%, 50% off your ENTIRE purchase. Thanks to velocityhead for figuring out the percentage levels!

This discount is only good on SATURDAY 9/15 and you need a PALS card [petco.com]! Remember to ACT SURPRISED when you get 50% off - it's supposed to be a mystery!

Coupon terms:
Mystery savings amount of 10%, 15%, 25%, or 50% will be applied at checkout. Present coupon and Pals Rewards card to receive this offer. Not valid on the purchase of gift cards, prior purchases, online or with any other coupon offer. Void if copied, transferred and where prohibited by law. Single-use coupon, limit one per household. Valid at either Petco or Unleashed by Petco. Valid on in-stock products only (not services, such as Grooming). Selection varies by store. Valid only on 9/15/12.

Update 9/16:
See my statement below in regards to the usage of this coupon.
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Last Edited by timzwang September 23, 2012 at 11:24 AM
For all those saying Petco lost a ton of money on this:
Quote from Phasers View Post :
Petco is not publically traded, but petsmart is, and has a profit margin of about 30%. Because of this I think we can reasonably assume that petco's profit margin is about the same.

Keeping in mind that overall profit margin factors in labor and real estate costs, as well as utilities and of course merchandise costs, then it is very safe to assume that the merchandise markup must be way more than 30% to offset these other expenses in order to have an overall 30% profit margin. Aside from the variable cost of merchandise, the labor and real estate costs and utilities are fairly fixed costs: i.e. Paid regardless of sales volume amount (paid if the store has $0 sales or $10,000 sales).

Therefore, I think it is quite reasonable to assume the markup on retail items is probably at least 100% vs wholesale costs. So this coupon for 50% off probably means for one day Petco averaged selling at around wholesale price. Good for revenue, bad for profit margin, probably didn't lose much money, if any.

To clarify the math- for every $100 petco currently sells we can assume $30 is profit, based on petsmarts profit margin.

Now let's assume that out of that $70, only $40 is the wholesale cost of merchandise. This means $30 is allocated to the fixed costs of labor, etc I laid out above.

Continuing on, let's say Petco sells the $100 of merchandise for $50. The variable cost of the merchandise in this case is still $40, so petco is 'making' $10 off the sale. Now that $10 might not cover the $30 in fixed costs above, but those fixed costs would have been paid REGARDLESS. This means if petco had not sold anything, they still would have paid that $30.

Now, assume because of this promotion, petco sold 5 times as much stuff as it would normally have sold. This means $500 worth of merchandise where it would have normally sold only $100.

The sales price was $250, the variable cost was $200 ($40 x 5). The fixed cost remains the same, at $30. So petco still made $20 overall in this scenario, just at a lower profit margin.

Considering the lowest coupon amount was 10% off, anyone with a coupon at a normal sales volume level buying their regular $100 worth of stuff would have paid $90, and petco would have made the same $20 profit, albeit at a much higher margin percentage.

TL;DR: I may not have exact numbers, but I do in fact have a good idea what petco's margins are.
This ended on September 15th

Petco changed the 50% off page at about 2PM PST so it prints a 10% coupon. DO NOT USE 50% LINK IN THE OP - it's 10% now.

PETCO CHANGED THE DIRECT LINK TO THE COUPON GRAPHIC at ~5pm PST

THERE ARE NO LEGITIMATE SOURCES FOR THE COUPON NOW, ONLY PDF AND JPG IMAGES. Stores have been told to limit the coupon to a max savings of $25, so if you have a 50% off, only buy $50 worth of stuff. (Who wants to call corporate and complain if you are an actual P.A.L.S member?)




50% off works EVERYWHERE.

Screen grab of 50% coupon: http://slickdeals.net/forums/showpost.php?p=53237084&postcount=618

PDF file was printed directly from the OP link before Petco changed it. On the bottom part of the page, it has the petco website link.

If you're in Long Island NY - Go to the Wantagh Grand Opening - Special deals on everything, combined w/ coupon Realllllyy Slick

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Joined Dec 2007
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#4
Compare the digits below the bar code:

Link 1: 8400000052001012259000009
Link 2: 8400000052001512259000004
Link 3: 8400000052002512259000001
Link 4: 8400000052005012259000007

Ignoring the last (seemingly unimportant) digit, the only differences are thus:

Link 1: 10(%)
Link 2: 15(%)
Link 3: 25(%)
Link 4: 50(%)

Have fun!
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#5
Quote from velocityhead View Post :
Compare the digits below the bar code:

Link 1: 8400000052001012259000009
Link 2: 8400000052001512259000004
Link 3: 8400000052002512259000001
Link 4: 8400000052005012259000007

Ignoring the last (seemingly unimportant) digit, the only differences are thus:

Link 1: 10(%)
Link 2: 15(%)
Link 3: 25(%)
Link 4: 50(%)

Have fun!
If this is correct then that's some seriously lazy coupon making.
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Original Poster
#6
Quote from velocityhead View Post :
Compare the digits below the bar code:
Link 1: 10(%)
Link 2: 15(%)
Link 3: 25(%)
Link 4: 50(%)
You rock velocityhead! Repped and updated original post. woot
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#7
If this works it will be awesome. I will have to find something ridiculous to get for 50% off. Maybe a huge fish tank or really nice aquarium stand and some supplies. I'll rep you both even though I don't post enough for it to be worth a damn - thanks!
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#8
I can't guarantee that the last coupon is ACTUALLY the 50% off one...but I'm going to try it out anyhow Stick Out Tongue
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#9
Quote from velocityhead View Post :
I can't guarantee that the last coupon is ACTUALLY the 50% off one...but I'm going to try it out anyhow Stick Out Tongue
Agreed but that just seems too big of a coincidence to be anything but true... can't wait to find out!
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#10
Quote from DustBoogie View Post :
If this works it will be awesome. I will have to find something ridiculous to get for 50% off. Maybe a huge fish tank or really nice aquarium stand and some supplies. I'll rep you both even though I don't post enough for it to be worth a damn - thanks!
That's exactly what I wanted do I want to buy the fluval 12 gallon fish tank that's normally $170 this coupon would make it awesome
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#11
I cannot wait, would love to have the 50% off for blue buffalo dog food
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#12
I have to find a place where they have a macaw that usually go for $1k then get a cage for it. Big Grin
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#13
Quote from bluekiwi View Post :
I cannot wait, would love to have the 50% off for blue buffalo dog food
Same here. $45/bag is EXPENSIVE.
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#14
Too bad alot of the more expensive aquarium items aren't carried in store such as acrylic tanks & higher end lighting.
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#15
Awesome! Time to stock up on pet food & a big dog crate for the backyard.
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