If you haven't gotten your Groupon yet...get on board.
Groupon is so simple and that's what makes it great. Each day you are presented with a daily deal for your city. It's usually something to eat, see or buy and it's offered at an incredibly high discount. For example, $20 for $40 worth of food at a local restaurant. You enter your credit card and wait to see if the offer tips. If a large enough group buys the offer, the group gets the deal, er...Groupon. You print out your Groupon and then bring it to the restaurant or wherever to use it same as cash.
Groupon pockets half the revenue...a fair trade for the enormous number of new customers the offer generates.
I've bought 2 restaurant Groupons so far and most offers are very local.
That is until Thurday the 19th, when we all got the Gap Groupon in the mail - $25 for $50 worth of apparel at the Gap.
Social Times is reporting that Groupon sold 441,000 deals, driving $11 million dollars of sales...meaning Groupon could have pocketed $5.5 million.
Groupon had to ramp up server capacity by 5x it's normal level to submit this, its first nationally offered deal. The timing is clear, The Gap just jumpstarted it's Back to School shopping season.
This seems the turning point for group purchasing...look for a lot more of this. The cost savings are incredible for the marketer, relative to running campaigns in print or TV.
Its true now a days we can find any dame thing on the internet with quite ease. However just think is there anyone who can offer you maximum discount on any product which you wish to own?
Well Bid4dream is here to realize your dreams now. Now its possible to grab maximum discount on any product which you wish to buy. All you have to do is to grab the opportunity.
Posted by: Bid4dream | September 12, 2011 at 01:40 AM
I think Groupon is just advertising for merchants. Groupon being more cost-effective than traditional advertising is the best argument in their favorite.
Posted by: Kyle | February 09, 2012 at 08:44 AM