Monetary (price-related) sales promotions (coupons, cash refunds, cents-off deals, premiums, allowances and discounts) have a large share in consumer promotional offers [7] and also they provide utilitarian benefits to consumers [15, 35]. Reviews of the short term monetary sales promotions have agreed on the fact that sales promotions have dramatic up and down effect on sales results [11]. DelVecchio et al. [5] have examined monetary sales promotions with different aspects such as promotion characteristic (announced price cut, coupon, premium offer, unannounced price reduction), product characteristic and consumer characteristic by using meta-analysis on 51 empirical studies to reveal their effect on brand preference and found that sales promotions have a positive or negative effect in certain conditions, even though they don’t have a statistically significant effect after promotion period. Diamond [40] provides evidence by measuring effects of “discounts” and “free extra (product) ounces” on product preferences and obtained the results that nominal values of promotions are very effective on shopper preference and generally discounts are more favorable than free extra ounces. Particularly, coupons and price discounts are heavily preferred over other promotion tools because they provide quick responses and incentives [41]. The hypothesis in this regard is as follows: