Search This Blog

How Group Buying Websites (Daily Deals) works 2 ?



In the last post I presented some information about Group Buying ( Daily Deals ) websites like:
Group Buying websites (Daily Deals) definition and How does Group Buying ( Daily Deals ) websites really works, In this post I'll talk about the businesses that are better suited for group based promotions, a nice Buying websites (Daily Deals) revenue Calculator and present a Group Buying ( Daily Deals ) infographic from lab42.

let's start with what types of businesses that are best suited for Group Buying ( Daily Deals ) promotions?
The most common Daily Deals vouchers are about :
-Dining spots, such as restaurants, cafés, coffee shops, and other similar businesses.
-Spa , Hotels , Arts & crafts , fitness , Parts and Accessories. 

The calculations of Group Buying ( Daily Deals ) revenue is easy if the local merchant keeps a good track of his costumers, this link includes a very nice Daily Deal revenue calculator, the calculator highlights some important elements the local merchant should consider it while evaluating is Daily Deals a profitable rewarding way of advertising for his business or not.
Example of the important elements : 
- Voucher actual value.
- Voucher price.
- Voucher sales expected.
- No. of Redeemed before voucher expiration date is reached.
- Sales with additional purchases.
- Average additional purchase amount (beyond voucher value).
- No. of Redeemers that become regular customers.
- Your revenue per voucher sale.
- Daily Deals website share per voucher sale.
The sheet includes some important elements & will help the local merchants a lot in considering all related factors while calculating their revenue from Daily Deals promotions.


Also the Lab42 "What's the deal with Daily Deals?" Infographic highlights some statistics for the local merchants to take into consideration before deciding whether to use Daily Deals website to promote his business or not , Lab42 asked of 500 daily deals users ( in USA ), determining which sites they use the most, how diligent they are at checking for new deals, and how much money they’re spending on them and found the following:
1- Most purchased vouchers are for Restaurants, comes next Spa & Hotles vouchers. 
2- 82% have returned to a business (at least one time) after purchasing their deal.
3- 61 % have let a deal expire before redeeming.



Lab42 says there are more than 660 deals sites online today, The most well known is Groupon, with 115 million subscribers, but saw a 50% dip in its web traffic since July, 2011, according to Hitwise, this dip will raise an important question, is Group Buying ( Daily Deals ) websites here to stay or soon will drop one after one out of the market ?
The Facebook leaves Daily Deals market news was chocking as it's just entered the market, Facebook started making offers in five cities starting in last April, including San Francisco, Atlanta and Dallas, and had a small sales team arranging deals with local merchants. But the company also ran offers that were set up by 11 other daily deal companies, including ReachLocal, GiltCity, HomeRun.com, PopSugarCity and Zozi.


“After testing for four months, we’ve decided to end our Deals product in the coming weeks, We’ve learned a lot from our test and we’ll continue to evaluate how to best serve local businesses.” said Annie Ta, a spokeswoman for Facebook in California.
Facebook’s exit means Groupon has one less major competitor as it prepares for a $750 million initial public offering later this year.
The Deals project was introduced because the daily discount market has been predicted to bring in $3.93 billion in 2015 – a huge leap from $873 million last year.

“It is surprising that Facebook ended their deals product after just four months,” said Vinicius Vacanti, co-founder of Yipit.com, which aggregates daily deals and tracks the industry. “On the other hand, Facebook Deals had been an underwhelming product and experience.”

Facebook’s decision not to pursue the business may mean the company thinks the approach lacks merit.
“The Groupon group buying phenomenon is a commodity. There are no barriers to entry. It’s just not going to work because everybody offers it and therefore the margins go down,” said Jeremiah Owyang, a partner at research firm Altimeter Group.
But Facbook leaving the market & Groupon 50% dip in its web traffic aren't quite perfect indicators to determine wether the Group buying websites ( Daily Deals ) will end soon or will see a growth as it is still new market and it's hard to predict what is going to happened.
At last you can check  Agrawals blog as its a great source of evaluating the Daily Deals Market provided by my friend Ahmed Tarek Elasra 

Resources :
- lab42
- arabian gazette
- CNN
-Hitwise
- Tomuse

66 comments:

Mary said...

I really appreciate your post moreover istartus.com offer a variety of advanced Hosting Solutions to meet your specific needs including Website Design , website development , website hosting , Search Engine Optimization.

Casetcln said...

I really appreciate your post moreover istartus.com offer a variety of advanced Hosting Solutions to meet your specific needs including Website Design , website development , website hosting , Search Engine Optimization.

Anonymous said...

I’m flattened for your blogs writings and blogs as well.
deals

Web Design in Chennai said...

Fantastic post and Thanks for sharing this informative post. It's very helpful.....

Unknown said...

This is truly amazing information for
This is truly a fantastic read for me.
This is such good and useful information
This is extremely valuable to me.

social media platforms


Ellen Emarketing said...

Very interesting post, i so glad to here from you, thanks for the emarketing strategies, you give me lots of ideas

Anonymous said...

Hi there, I discovered your site via Google at the
same time as searching for a comparable matter, your website got here up,
it seems to be good. I've bookmarked it in my google bookmarks.

Hello there, just become alert to your blog
via Google, and located that it's really informative. I'm going to watch
out for brussels. I will appreciate if you
continue this in future. Numerous folks will likely be benefited
out of your writing. Cheers!

Also visit my web blog; free web hosting php ssl

Web Development Company said...

Some web design companies providing the services in ready made websites related to consumer requirements.
Web Design Company | Web Designing Companies Bangalore

web designing company bangalore said...

website design company bangalore has a Special skills on understanding of our client’s business model on Web development and designing to create attractive design and fast loading websites.web designing companies bangalore | web companies in bangalore

Hosting Raja said...

Where Ever You go, Take design and Development from Experts because Special skills on understanding of our client’s business model on Web development and designing to create attractive design and fast loading websites.hosting a website | webhosting companies

Best mouse said...

This post refers effective information about internet marketing. I have also a website where included online marketing tips. Have something to sell, a cause to promote, a service to provide? To know more information, you can visit the links……
benefits of email marketing

Daily Deal Websites said...

Nice Blog. You really done a great job. This blog gives us so many ideas about e-marketing strategy. Now we have so much information about it. You also can visit Vancouver daily deal aggregator. Find all daily deals in Vancouver on one website. They track all the Vancouver daily deals and send you 1 email with the deals from all Vancouver daily deal sites.

Unknown said...

Your infographics is really nice. Thanks for sharing nice article to us. Digital Marketing Company in Bangalore

Clarity Adept said...

Very nice I am very impressed about this site information.
Background Removal Service/Clipping Path/Clipping Path Service/Neck Joint Service/Image Masking Service/Color Correction Service

Unknown said...

Thanks for the post. Hope so that this will help us in making our business more impressive and profitable. You may also take help from an ebay Consultant so as to make your business more popular among the customers. They may also help you in higher ranking of your website on web search.

Unknown said...

Thanks for the post. People who are new in the business sphere may also take help from the free advertising sites so as to make your business known to everyone with ease and comfort.

Unknown said...

Thank you so much for sharing your very helpful information.
Clipping Path service | ecommerce image editing service

WaqarRjs said...

After working at a work environment and working day dreaming about traveling everywhere, most persons curently enjoy a good strategy where they would like to go. It’s anyone choice and you should find wonderful places to view and experience world wide. If you choose for your systems to repay your actions, the enter in deciding and go would be the budget. dehcho travel

WaqarRjs said...

For many people businessmen together with their web marketers, travel is definitely important the leading business. It truly is within travelling they find the opportunity to meet up with traders, clients together with promote his or her company. Many corporation executives attempt to meet his or her prospective shoppers outside their property country as a way to impress these people. These are the businessmen that choose to show absent their journeying capacities. traveling seneca trail

WaqarRjs said...

A home loan life assurance is yet another kind of an insurance cover under which often an warranty is provided to your person obtaining insurance insurance policy coverage that her / his mortgage loan are going to be covered in the instance of a sudden disability or perhaps death on the person. A life assurance mortgage affords the chance for the lender on the loan to safeguard the total he’s lent to your borrower. life insurance advisors

WaqarRjs said...

There’s a large technology have an effect on that’s amongst the future. There will also be no mistake men and women do need when using the robotics technological know-how curriculum for getting us begun. Many on the youngsters which might be on college or university, college and many others is competent to use the exact robotic technologies for getting on in conjunction with things in life. ameise online

WaqarRjs said...

How much Health Benefits Accounts can be constantly escalating since a lot of these accounts were decided the consumer. Both recruiters researching strategies to continue offering medical health insurance as a plus to employees the approaches seeking their individual approach have invested in Health Benefits Accounts. easy healthed

WaqarRjs said...

What is the greatest business to commence in 2014 with regards to budding entrepreneurs because world little by little recovers as a result of recession? During the last few ages, economic conditions have been completely very complicated for traditional entrepreneurs. As the exact sales of goods fell appreciably, business owners still was required to pay the exact rents, loans and staff members. they still was required to buy together with hold write about and seek to encourage customers into their area sometime soon in and purchase something. business financials

Bangaloreweb guru said...

The blog was absolutely fantastic! Lot of great information which can be helpful in some or the other way. Keep updating the blog, looking forward for more contents...Great job, keep it up..Website Design Company Bangalore | Web Design Bangalore

Unknown said...

The blog was absolutely fantastic! Lot of great information which can be helpful in some or the other way. Keep updating the blog, looking forward for more contents...website development nagpur.

Aasha said...

Being new to the blogging world I feel like there is still so much to learn. Your tips helped to clarify a few things for me as well as giving..

SEO Company in Chennai

Unknown said...

Thanks for sharing with us, I have started following a lot of these. Blogs are the best alternative to get info and keep learning about the latest trend. Web design is vital if you want to impress your viewers and grow your business. You can read more about Website design


Custom website Development

Ram Niwas said...

This is very useful information. Thanks for sharing. web designing company in bangalore

Microhost said...

You write very well.
Cheap Dedicated Server India

Clipping Path Service said...

Useful and informative post . Always i appreciate such effective post . keep up it .

KATE TECHNOLOGIES said...

Thank you so much for sharing such an awesome blog...
web designing company in hyderabad
web designing company in kukatpally
web designing company in gachibowli
web designing company in kphb

odms said...

Hi
Nice post and thanks for gathering good information.
best seo company in Hyderabad

Unknown said...

A good web development company Nagpur can only help you to grow your business. Opting for companies that have less experience, though cheaper, might land you in a mess.
For More Detail VISIT HERE

Zinavo-Web Design | Web Development | SEO | Mobile Apps | ERP/CRM said...

This is very blast blog, keep more sharing.
Web Designing Companies Bangalore | Website Designing Companies Bangalore

Unknown said...
This comment has been removed by the author.
Unknown said...

nice blog
Wordpress Development Company Bangalore

Unknown said...

this is very informative blog said to be This Blog is about E-Marketing Strategies. thanks for share this useful post.





web design di jakarta | web design in jakarta

jakarta seo perusahaan | cheap seo company in jakarta

kasturi sha said...

Welcome to the Bangalore escorts, the finest method to make your hinting dreams work out. We are Bangalore escort organization cooking with lovely, brilliant, savvy and alluring escort
young ladies for in bring or outcall all finished Bangalore. CONTACT US- +91-8147349718 http://www.escortgirl-elite.com/

#Bangaloreescortsservices
#bestescortsBangalore
#IndependentEscortsBangalore
#BangaloreEscort

Unknown said...

I have read your blog its very attractive and impressive. I like it your blog.


seo packages in bangalore
low cost outsource magento ecommerce services india

Ancy merina said...
This comment has been removed by the author.
Anonymous said...

Nice post! This is a very nice blog that I will definitively come back to more times this year! Thanks for informative post.
You can visit our website He specializes in moving furniture
نقل عفش جدة - شركة نقل عفش بجدة - سعر نقل عفش جدة ومكة - افضل شركات نقل العفش بجدة - اسعار شركات نقل العفش بجدة - دليل شركات نقل العفش بجدة - ارخص شركات نقل العفش بجدة - نقل عفش جدة - نقل عفش جدة مع الضمان - نقل عفش جدة مع الفك والتركيب - نقل عفش جدة - سعر نقل عفش جدة رخيصة - افضل شركات نقل العفش بجدة - اسعار شركات نقل العفش بجدة - دليل شركات نقل العفش بجدة - ارخص شركات نقل العفش بجدة - نقل عفش جدة - افضل شركات نقل العفش بجدة - اسعار شركات نقل العفش بجدة - دليل شركات نقل العفش بجدة - ارخص شركات نقل العفش بجدة

Admin said...

Nice post! This is a very nice blog that I
will definitively come back to more times this year!
Thanks for informative post.

نتيجة الثانوية العامة - نتيجة الثانوية العامة 2018 - نتيجة الثانوية العامة برقم الجلوس - نتيجة الثانوية العامة - نتيجة الثانوية العامة اليوم السابع - نتيجة الدبلوم الفنى الصناعى - نتيجة دبلوم الصنايع - نتيجة ثانوى صنايع - نتيجة الدبلوم الفنى التجارى

Admin said...

- نتيجة دبلوم التجارة - نتيجة ثانوى تجاره - نتيجة الدبلوم الفنى الزراعى - نتيجة دبلوم الزراعة - - نتيجة ثانوى زراعى
- نتيجة الدبلوم الفنى الفندقى - نتيجة دبلوم الفنادق - نتيجة ثانوى فنادق - نتيجة الدبلومات الفنية 2018 - نتيجة الثانوية الفنية - نتيجة الدبلومات الفنية برقم الجلوس - تنسيق الجامعات والمعاهد - تنسيق الدبلومات الفنية - تنسيق الثانوية العامة - نتيجة اعدادية الازهر - نتيجة الدبلومات الفنية 2018 - نتيجة الثانوية الفنية - نتيجة الدبلومات الفنية برقم الجلوس - نتيجة الدبلومات الفنية 2018

Admin said...

- نتيجة الدبلوم الفنى الصناعى
نتيجة دبلوم الصنايع - الثانوية الصناعية - نتيجة الدبلوم الفنى التجارى - نتيجة دبلوم التجارة - نتيجة الثانوية التجارية - نتيجة الدبلوم الفنى الزراعى - نتيجة دبلوم الزراعة - نتيجة الثانوية الزراعية - نتيجة الدبلومات الفنية 2018 - نتيجة الثانوية الفنية

Oscar Fernandez said...

Nice article as well as the whole site.Thanks for sharing

SEO Bangalore said...

Really very decent post. Thank you for sharing. Web Designing Companies Bangalore | Website Designers in Bangalore

Clipping Path Service said...

I really enjoyed your blog Thanks for sharing such an informative post.

Learn Online Quran with Translation said...

Nice...Its highly informative post. I really enjoyed reading. Thanks
best apple laptop

Anonymous said...

Thanks for Sharing this information.Micro Host provides you the best cloud server and data center solutions according to your need and the business requirement. There are so many solutions which we give you to resolve your business problems like Cloud Servers, Load Balancer, Cloud Firewall, Managed DNS, and Dedicated Servers.

Anonymous said...

Thanks for Sharing this information.Micro Host provides you the best cloud server and data center solutions according to your need and the business requirement. There are so many solutions which we give you to resolve your business problems like Cloud Servers, Load Balancer, Cloud Firewall, Managed DNS, and Dedicated Servers.

Anonymous said...

Thanks for sharing this information. Dedicated servers are the server that is dedicated to you and you only. Your server would be dedicated to you only and your resources would not be shared with anyone else. In the shared server, your cloud server is shared with multiple other websites and if any of them uses their website more then it will automatically slow down the speed of your website but in the dedicated server, your website will never be affected because your website is not shared with anyone else.
Read more: https://www.microhost.com/cloud-servers

Anonymous said...

Thanks for sharing this kind of knowledge here. what is a cloud server: A cloud server is a virtual server that is built, hosted and delivered through a cloud computing platform over the Internet. Cloud servers possess and exhibit similar capabilities and functionality to a typical server but are accessed remotely from a cloud service provider.also we can say that A cloud server is primarily an Infrastructure as a Service (IaaS) based cloud service model. There are two types of cloud server: logical and physical. A cloud server is considered to be logical when it is delivered through server virtualization. In this delivery model, the physical server is logically distributed into two or more logical servers, each of which has a separate OS, user interface and apps, although they share physical components from the underlying physical server.for more details check: https://www.microhost.com/cloud-servers

Anonymous said...

Thanks for sharing this knowledge Microhost provides you the best cloud server and data center solutions according to your need and the business requirement. There are so many solutions which we give you to resolve your business problems like Cloud Servers, Load Balancer, Cloud Firewall, Managed DNS, and Dedicated Servers.

• Scalable Cloud Compute: Cloud Server comes with enterprise level Solid State Drives (SSD) with highly scalable options, you will have an authority to spread cloud resources as much as your applications or websites required.
• Simplifies Load Balancers: We provide you the highly configured for a loaded application to distribute incoming network traffic across multiple servers so that a single device does not carry an entire load to confirm Application Scalability, quantifiability, Performance, and Security.
• Cloud Firewall: Our Cloud firewalls comes with no extra cost that checks incoming and outgoing packets to filter from the access policies block malicious and unwanted traffic.
• Secure DNS: DNS is basically a Domain name System and it’s a networking system which allows you to connect domain names to a unique IP address and enterprise email.


Μαγειρευτό Φαγητό said...

Thanks for this exceptional article. very usefull to me!

Weassistplus said...

My gratitude for the wonderful words. We want you to continue this for us.
Graphic Designing in Coimbatore https://weassistplus.in/
A Super Specialized place for Web Designing, Logo Designing, Brochure, Stationary items, google ads, Social Media Analyst, SEO maintenances for your company.

Araseefoods said...
This comment has been removed by the author.
Lingaatm said...
This comment has been removed by the author.
weassistplus said...
This comment has been removed by the author.
alpharealtors said...

We overwhelm this article. This is a big information for us.
Real estates in Coimbatore Alpharealtors (http://galaxyvalley.in/)

aswambusinesssolutions said...
This comment has been removed by the author.
photo retouching services said...

This is a really good article that you have written. please share more articles with us I always look forward to reading your blogs.professional photo retouching services can make your photos look amazing.

Sazzad Khan Rubel said...

Wow! I cannot scroll it down, really a great one. Thanks for sharing.
Clipping Path Service
Image Masking Service
E-commerce Product Photo Editing

Photo Editing Industry said...

Hey! This is the best blog. I am really impressed. Keep up the excellent more post in future. Thanks for Thanks for sharing your post.
Clipping Path Adept

Ghost Mannequin Services said...

Really wonderful website. Thanks for sharing this with us.

Glenn Hannan said...

Very significant Information for us, I have think the representation of this Information is actually superb one. This is my first visit to your site. Buy Traffic for Website

Thomas Martin said...

It's an amazing post you have actually published below. I have seen your blog post very carefully and appreciate it. Hope that you will certainly share such an effective article frequently, Many thanks.


Best Regards,

image masking service
background removal service
Image Manipulation Service