A best bet is the Kenneth Cole Reaction Starstruck Satchel in Black (pictured) for
$45 before the above coupon, $22.50 after. With $6.99 for shipping, that's $17 under the lowest total price we could find for this purse in any color elsewhere. It features a faux-leather finish, adjustable straps, snap closure, and interior pockets.
Update: The price has dropped to $26.99 before coupon, $13.49 after.