How the coupon feed feeds your discount codes to deal sites and cashback partners — and how to keep it clean so you get credit for the sales it drives.
Think of the coupon feed as a vending machine stocked with your current offers. Instead of every coupon publisher messaging you to ask "what's your latest code?", they pull from one shared, always-up-to-date list. You load the machine; they take what's relevant to their audience and display it on their site.
In practical terms it's a set of records, each one describing a single offer: the code itself (or "no code needed" for an automatic deal), what the offer is, when it starts, when it expires, and whether there are any restrictions like "new customers only" or "excludes sale items". Rakuten holds that list centrally and makes it available to the publishers in your programme so they can populate their coupon pages without you lifting a finger for each one.
The key thing to understand is that the feed is a distribution tool, not a tracking tool. It carries the message; your tracking links and SubIDs are what actually record the sale. The two work together, which is why a tidy feed and clean tracking go hand in hand.
Coupon and deal sites are among the highest-traffic publishers in most programmes. Shoppers who are one click from buying often open a new tab and search "[your brand] discount code" before they check out. Whatever they find there decides whether the sale completes — and whether a partner gets credited for nudging it over the line.
If your feed is empty or stale, two bad things happen. First, partners display expired or invented codes, shoppers hit "code not valid" at checkout, and some abandon the cart entirely. Second, you lose control of the narrative: enterprising sites will scrape codes from anywhere, including ones you never authorised, and you end up paying commission on discounts you didn't sanction. A well-kept feed is how you stay the single source of truth for what's actually live.
From the advertiser's side, here's the typical flow:
Once codes are flowing, your dashboard tells you whether they're working. Look at performance by coupon publisher first — these partners should show a healthy volume of clicks converting to sales. A coupon site with lots of clicks but few orders is often a sign of a broken or expired code, so cross-check what they're displaying.
Pay attention to which specific offers convert. If "free shipping" outperforms "10% off" for your audience, that's a planning insight for your next campaign. Use SubIDs on your coupon partners' links so you can attribute performance down to the placement, not just the publisher. And keep an eye on average order value from coupon traffic — if a code is cannibalising full-price sales rather than driving incremental ones, the reporting will show a dip in AOV worth investigating.
| Use the coupon feed when… | Think twice when… |
|---|---|
| You run regular public promotions you want widely displayed. | The offer is a private, one-publisher exclusive better handled directly. |
| You want partners to always show accurate, current codes. | You can't commit to keeping the feed maintained and current. |
| Coupon and cashback sites are a meaningful part of your mix. | Your margins can't sustain code-led discounting at scale. |
| You want to reduce manual back-and-forth with publishers. | You're testing a sensitive price you don't want broadcast. |
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