If you have a restaurant, entertainment, tourism or service type business, there are a lot of new “Deal” type websites popping up on the scene. Some of these sites that have been able to attract a good following can help you generate instant sales and buzz for your business.
GROUPON is just one of many collective buying, or daily deal websites popping up.
Take the most popular one, GROUPON, they offer up a deal-of-the-day (one for each major city) in which users are required to purchase that day in order to secure the deal. Some of these new sites are just trying to be glorified coupon sites, however what Groupon does is focus on just one business per day by offering an extraordinary deal—they can achieve this by guaranteeing the merchant that “x” number of sales will be made. If the users don’t gravitate toward a deal and “x” number are not sold, then the deal is off.
Some Merchants may feel that giving a 50% discount is too tough on the bottom line, but what they need to consider is that this type of promotion is not a hit on sales, but rather a marketing investment. In addition to exposing your business to a great number of people, the ones that purchase are now future customers.
In addition to GROUPON, here are some other similar type sites… BuyWithMe.com, DoozyofaDeal.com, ChitTownDeals.com, UBuyWithMe.com and DealStork.com
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This entry was posted on Tuesday, January 19th, 2010 at 6:58 pm and is filed under Interactive/Web INFO.
I’ve heard about http://www.chitowndeals.com as well. They are only Chicago based though.
Thanks for the contribution Jennifer, I’ll check it out.
[...] This post was mentioned on Twitter by Mike Shubic, Mike Shubic Web Dev.. Mike Shubic Web Dev. said: Does your business need a shot in the arm? Try one of these collective buying sites http://is.gd/6BUQT [...]
My friend and I were recently talking about the prevalence of technology in our day to day lives. Reading this post makes me think back to that debate we had, and just how inseparable from electronics we have all become.
I don’t mean this in a bad way, of course! Ethical concerns aside… I just hope that as technology further advances, the possibility of downloading our brains onto a digital medium becomes a true reality. It’s a fantasy that I dream about every once in a while.
(Posted on Nintendo DS running R4 SDHC DS rrPost)
This is another site signing up people similar to Groupon.
http://www.groubate.com/houston/subscriptions/new
Thanks Arnold…I’ll add it to the list.