Surely by now you’ve heard about the coupon sensation called Groupon? If you’re a small business owner, this is an excellent service! Since the buzz created with Groupon produces paying customers rather than just browsers, I consider this the best advertising for small business owners!
Groupon will use the social networks for you to get the word out about your special offering. They encourage deals to be sent out to friends or being using by friends to add to the fun. Prospective customers can use their social networks to arrange plans and further spread the word about your business.
Groupon negotiates huge discounts—usually 50-90% off—with popular businesses. They send the deals to thousands of subscribers in their free daily email, and they send your business a ton of new customers. These are not just browsing folks on the internet, these are actual paying customers that have already purchased and are ready to redeem their coupon purchase. That’s the Groupon magic!
There are no out of pocket costs associated with being featured on Groupon. They make money by taking a piece of each Groupon they sell. In other words, they only win if you win – and you know what you’re getting at every step of the process.
Since a minimum number of people must buy for the offer to be valid, Groupon guarantees paying customers. These subscribers are not looking for “the perfect deal.” They’re looking for the perfect excuse to try something new. They get them to your business, and you bring them back again and again.
A Groupon feature puts you in front of thousands of subscribers in each Groupon city – with thousands more opting in each day. Their subscribers share your offer with everyone they know via Facebook, Twitter, and other social media. This buzz will continue to attract new customers for months following your feature.
Just as you’ve seen people who have appeared on Oprah before they are ready, you should also be ready to receive a flood of customers to your business prior to advertising on Groupon. It makes you look better when you’re prepared and there’s less stress that way! Before advertising with Groupon, think ahead of time about how you will bring these new customers back again and again by offering a special promotion just for them once they visit your store.
Do you have a fitness business and you’re offering New Year New You packages? Perhaps you’d like to offer a special on a cruise celebration once they’ve reached their goal weight to show of their newly acquired physique? Or perhaps you could do a buy one get one at half price special for the cruise or other special event?
Groupon allows you to target a specific area which makes it great for opening up a new area of your town or state or section of the country. Perhaps you would like to couple it with a fund raising event to double your exposure and donate to a good cause as well.
Be ready to create a buzz about your incredible offering and get your message out to thousands of people for your next big launch. Contact Groupon today!