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RACHANA SUBEDI TANU SINGH. BUSINESS DEAL WITH GROUPON.

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Presentation on theme: "RACHANA SUBEDI TANU SINGH. BUSINESS DEAL WITH GROUPON."— Presentation transcript:

1 RACHANA SUBEDI TANU SINGH

2 BUSINESS DEAL WITH GROUPON

3 HOW GROUPON WORKS

4 TYPES OF DEALS  Groupon Getaways with Expedia – travel and vacation destination deals  Groupon Goods – innovative and Y2K-complaint products deals  Groupon Bucks/referrals – offers $10 to customer for referrals  Featured Deals – features on the main page on Groupon site for one day  Occasional Deals - special occasion deals, currently “Mother’s Day”  Groupon Now – limited time and quantity deals offered by local businesses

5 SIGN UP WITH - THE PRELIMINARY PROCESS 1. Go to 2. Click on ‘Get Started’ 3. Fill the application form – personal and business information, expectations 4. Submit and get automated reply (Groupon will contact within 2 weeks) 5. Await call from Groupon to verify account information and to discuss further steps 6. Call: 888 – 582 – 4354, Monday – Friday: 8:00 am to 7:00 pm CDT

6 ROADMAP – SUPPORT THROUGH OUT THE PROCESS

7 MERCHANT CENTER What does it do?How does it help? Comprehensive overview of our business:  Past and present deals lists  Impact report – customers data, revenue, costs and profit  Monthly invoice history  Now! (present) Deals  Gain valuable customer insights  View customer comments  Measure our promotion’s impact  Track the success of our promotions and business

8 IMPACT REPORT

9 DASHBOARD

10 “WE ONLY WIN IF YOU WIN”  No upfront cost  Takes a percentage of total cost  Sends the check with the portion of profit  Good deals for high profit margin companies  Small companies get customer base  Easy to track sales

11 “WE ONLY WIN IF YOU WIN”  More effective than traditional advertisement  Sells multiple vouchers a day (as per deal)  Quick cash boost  Groupon offering creates BUZZ  100% return on unused vouchers

12 CONCERNS  Small Business a ‘Loss leader’  Buyers are bargain shoppers  No loyal customers  Repeat old customers  It’s always a Quick Fix  It cheapens your brand

13 WHY OVER OTHERS Most Popular Wide Presence Everything from travel to shopping Bigger & Faster new customer

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