GROUPON - The best website that offers printable discount coupons for everything from skydiving lessons to local restaurants
Groupon Introduction ď ľ
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Groupon 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
Groupon Idea Get it
Check your email, Facebook or Twitter feeds for daily deals on cool local business
Share it
Groupons are more fun when used with friends. Pass along deals by email or broadcast them to your social networks
Enjoy it
Bring the voucher or bring it up on your mobile device , then present it at the business to get your deal.
Ndot deals – How Groupon works
Registers email with site
The hot deals on your locations are sent via email
Products are displayed on the site with deals
The deal is offered when a group of people buy the product
User can use the coupons to buy products
The deal is active for the ticking time period
The deal is completed when successful number of users buy the product or otherwise the deal is closed
Groupon – Business Model
The 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 Model
This 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.
Groupon Metrics
The future of Groupon buying
More growth in the space
Consolidation and Verticalization
Physical goods
Integration with traditional media bundle and SEO/SEM Technology providers (GroupCommerce, Close.ly) Offer aggregation (Yipit, The DealMap)
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US Office: +1 (323) 982-8943. Head Office: +91 422-434-2519. Email: contact-sales@ndot.in Skype: nandakumar.online
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