Groupon What Does It Mean?
The Groupon concept was first introduced in the country CHINA by Tuangou. The concept is simple people who are all signed up in the Groupon site receives offer from local businesses. There are many offers gets published in this site, depending upon the location the offer may vary. Each city people gets one offer daily and that too gets activated when minimum number of people is signed up. The deal discount may be varying normally above 50%. The Groupon clone site collects the amount from the subscribers in advance and the site sends the Groupon code for the subscribers as an acknowledgment. The collected money is given to the local businesses at installments. At present Groupon is the market leader in this group buying. LivingSocial is getting famous and GOOGLE is trying to launch its new Grouon clone web site in this group buying market under the name GOOGLE OFFERS.
Does Group Buying Good For Business?
There are many merits that businesses like restaurant, mobile shop, wardrobe shop and bazaar etc., may get when they use the group buying sites.
They may get new customers like 50, 75 or 100 to buy their product when it is announced as a deal in a Groupon site, instead of 1 0r 2 customers coming to their shop to buy their product.
The another great advantage is that amount is paid in advance for their product.
This kind of site will encourage greatly new business companies.
What Kind Of Business Will Groupon Supports More?
For every company it is important to cover the customers and their sanctification is must in order to develop their business. So in order to that Groupon concept is created mostly to cover customers i.e B2C(Business to Consumer) and it also supports B2B(Business to Business) but not as geat as B2C. This Groupon site will almost cover all Geographic area people.
How Much Profit Will The Company Get From Groupon?
The company may give 50 %to 75 % as a discount deal to the customers. For example: if a company gets $1000 they need to give $400 or $500 to the Groupon site. But this will not result in a loss to the company because the company is not going to sell their product to the actual price, they just going to give one small share of profit to the site.
Groupon Will It Actually Work In A Good Way?
The simple answer is yes – when a company publishes their product as a discount deal some times they may get 1000's of new customers or they may get 1000's of customers get signed in for their product. Even if some customers if they don't sign in they may see the company name and their brand of the product in the Groupon site, so next time they may try to buy a product in their shop.
What Is The Next Step for The Business Companies?
The important factor of all these is that is to keep holding the existing customers. The better way to keep in touch with them is that by sending newsletters, e-mail, direct interaction with them all these will help the company to cover the customers.
Now lot of Groupon clone web sites coming out every month to grab the market share. Choose carefully right companies to promote your products and services.
The Groupon concept was first introduced in the country CHINA by Tuangou. The concept is simple people who are all signed up in the Groupon site receives offer from local businesses. There are many offers gets published in this site, depending upon the location the offer may vary. Each city people gets one offer daily and that too gets activated when minimum number of people is signed up. The deal discount may be varying normally above 50%. The Groupon clone site collects the amount from the subscribers in advance and the site sends the Groupon code for the subscribers as an acknowledgment. The collected money is given to the local businesses at installments. At present Groupon is the market leader in this group buying. LivingSocial is getting famous and GOOGLE is trying to launch its new Grouon clone web site in this group buying market under the name GOOGLE OFFERS.
Does Group Buying Good For Business?
There are many merits that businesses like restaurant, mobile shop, wardrobe shop and bazaar etc., may get when they use the group buying sites.
They may get new customers like 50, 75 or 100 to buy their product when it is announced as a deal in a Groupon site, instead of 1 0r 2 customers coming to their shop to buy their product.
The another great advantage is that amount is paid in advance for their product.
This kind of site will encourage greatly new business companies.
What Kind Of Business Will Groupon Supports More?
For every company it is important to cover the customers and their sanctification is must in order to develop their business. So in order to that Groupon concept is created mostly to cover customers i.e B2C(Business to Consumer) and it also supports B2B(Business to Business) but not as geat as B2C. This Groupon site will almost cover all Geographic area people.
How Much Profit Will The Company Get From Groupon?
The company may give 50 %to 75 % as a discount deal to the customers. For example: if a company gets $1000 they need to give $400 or $500 to the Groupon site. But this will not result in a loss to the company because the company is not going to sell their product to the actual price, they just going to give one small share of profit to the site.
Groupon Will It Actually Work In A Good Way?
The simple answer is yes – when a company publishes their product as a discount deal some times they may get 1000's of new customers or they may get 1000's of customers get signed in for their product. Even if some customers if they don't sign in they may see the company name and their brand of the product in the Groupon site, so next time they may try to buy a product in their shop.
What Is The Next Step for The Business Companies?
The important factor of all these is that is to keep holding the existing customers. The better way to keep in touch with them is that by sending newsletters, e-mail, direct interaction with them all these will help the company to cover the customers.
Now lot of Groupon clone web sites coming out every month to grab the market share. Choose carefully right companies to promote your products and services.
Really a interesting article about groupon clone.I hope those people who have no exact knowledge about these kind of scripts ll really get some knowledge after read this blog post.Thanks for sharing a great article with us.
ReplyDeleteany information on QuiBids clone
ReplyDeleteInteresting observations! Either Groupon will be taking over the world soon or it will have to take 2nd place to one of the other big players. Groupon’s current $25 billion pricetag is flawed for a number of reasons:
ReplyDeletesee the article on Groupon Priced at $25 Billion