Valpak® Announces Expansion Plans In Miami, Fla.
- Leader in Local Print and Digital Coupons Seeks Entrepreneurs to Open New Territories –
Valpak, involved in local print and digital coupons, announced today it is seeking to expand its presence in Miami, Fla. Digital couponing industry quickly gaining popularity and overall coupon usage expected to grow by 150 percent from 2009 to 2014, especially among the rapidly growing Hispanic community, Valpak is poised to rapidly expand and is currently seeking entrepreneurs to invest in new franchise territories in theSouth Florida market.
Earlier this year, Valpak announced a partnership with YaSabe.com to enter the expanding U.S. Hispanic market. YaSabe, a provider of local information for U.S. Hispanics, enables users to find and discover Valpak coupons and special offers in Spanish online and from their mobile phone.
“Valpak franchisees benefit from an innovative suite of print and digital products that is part of a thriving business that reaches 500 million homes annually,” said Greg Courchane, Valpak’s director of franchise sales. “Miami is an ideal market to leverage our partnership with YaSabe, and we encourage local entrepreneurs who have strong sales experience and are seeking the exclusive selling rights in a market to contact us to learn how they can operate a Valpak in the community.”
Valpak mails over 20 billion coupons to more than 40 million demographically-targeted households per month in more than 100 markets in 45 states and four Canadian provinces. Today, in addition to its flagship blue envelope, the brand offers its business customers an impressive portfolio of digital advertising products including Smartphone apps, which are also integrated into the Samsung Wallet, iOS Passbook, Google Wallet and Windows Phone Wallet, as well as QR codes and online coupons to reach consumers at home, and on-the-go.
Ideal candidates for Valpak franchise ownership should possess a desire to join a trusted industry-leading brand, work within a proven franchise system, develop relationships with local businesses and have a comfort level with selling new, digital technologies. Franchisees should also possess a minimum liquidity of $75,000, and a minimum net worth of $150,000.
Since its launch in 1968, Valpak has been broadly recognized and trusted, which has contributed significantly to its current success. Valpak’s state-of-the-art, 470,000-square-foot manufacturing center in St. Petersburg, Fla., makes it possible for the company to mail to more than 500 million homes in North America. Valpak is also backed by experienced leadership with Cox Enterprises, one of the largest media companies in North America, which acquired the brand in 1991. Recently, Cox Target Media also acquired Savings.com, a leading online source for savings and personalized deals. Working together, Valpak and Savings.com will offer consumers a more extensive selection of offers and rewarding shopping experience as content is shared across platforms.
Valpak, is a direct marketing company in North America. It is owned and operated by Cox Target Media. With nearly 170 franchises across the United States and Canada, the signature Blue Envelope® delivers coupons and savings to nearly 40 million households each month. Annually, Valpak will distribute some 20 billion offers inserted in more than 500 million envelopes. Valpak also offers digital solutions online through http://www.valpak.com andhttp://www.valpak.ca, sites offering free coupons, e-commerce and coupon codes. Additionally, the Valpak coupon mobile coupon app for smartphone platforms delivers easy to find savings for consumers.
About Cox Media Group Cox Media Group is an integrated broadcasting, publishing, direct marketing and digital media company that includes the national advertising rep firms of CoxReps. Additionally, CMG owns Cox Target Media, which operates Valpak, one of North America’s leading direct marketing companies, and Savings.com, a leading online source for savings. The company’s operations currently include 19 broadcast television stations and one local cable channel, 88 radio stations, eight daily newspapers and more than a dozen non-daily publications, and more than 100 digital services. CMG currently operates in more than 30 media markets and reaches approximately 52 million Americans weekly, including more than 32 million TV viewers, more than 4 million print and online newspaper readers, and 18 million radio listeners.