MerchantCircle.com has coupons, and if you fill those out, they are likely to show up on Google Search on the first page. Google Places Coupons on the other hand . . . I've never seen one show up on search. On the other hand, I have had at least one customer have a client walk in to the store with a Google Places Coupon, which to date I know of no one getting a MerchantCircle Coupon in their hand.
For now, the few minutes it takes to fill out the coupon is likely to help with ranking, so do it.
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