Groupon is t he best website that offers printable discount coupons for everything from skydiving lessons to local restaurants
Text of Groupon clone
GROUPON - The best website that offers printable discount coupons for everything from skydiving lessons to local restaurants
Groupon IntroductionGroupon introduced the concept of group coupons in the year 2008 which had a huge response in the market.The success of Groupon making sales in Millions of dollars motivated lots of company to launch the Groupon clone script.
*The Groupon clone scripts also have hit the market with revenue crossing the Billions creating potential market.*Ndot Deals is Groupon clone script from NDOT
Get itCheck your email, Facebook or Twitter feeds for daily deals on cool local businessShare itGroupons are more fun when used with friends. Pass along deals by email or broadcast them to your social networksEnjoy itBring the voucher or bring it up on your mobile device , then present it at the business to get your deal.
Ndot deals How Groupon worksRegisters email with site The hot deals on your locations are sent via emailProducts are displayed on the site with dealsThe deal is offered when a group of people buy the product
User can use the coupons to buy productsThe deal is active for the ticking time periodThe deal is completed when successful number of users buy the product or otherwise the deal is closed
Groupon Business ModelThe company offers one "Groupon" per day in each of the markets it serves. The Groupon works as an assurance contract using The Point's platform.In this platform, if a certain number of people sign up for the offer, then the deal becomes available to all if the predetermined minimum is not met, no one gets the deal that day
Groupon Business ModelThis reduces risk for retailers, who can treat the coupons as quantity discounts as well as sales promotion tools. Groupon makes money by keeping approximately half the money the customer pays for the coupon.Certain businesses groupon will not offer its services to like shooting ranges, abortion clinics, plastic surgeons, strip clubs.
The future of Groupon buyingMore growth in the spaceConsolidation and VerticalizationPhysical goodsIntegration with traditional media bundle and SEO/SEMTechnology providers (GroupCommerce, Close.ly)Offer aggregation (Yipit, The DealMap)