Comments on: Group Coupon Sites Abound

By: Andrew

Andrew — Thu, 28 Apr 2011 09:13:17 +0000

Deal-a-day programs are a great way for small businesses to drive new customers through their doors. But once the campaign is over, then what? Getting those bargain hunters to repeat is the key. moderncoupon.com makes coupons available every day all year long from local businesses.

By: John Graham

John Graham — Sun, 27 Feb 2011 19:35:34 +0000

Here is a feed of all the group coupons and daily deals for every city, organized, on one website! http://allgroupcoupons.com and a good directory of all the group coupon companies: http://groupcoupondirectory.com Happy Savings!

By: Rick

Rick — Mon, 29 Nov 2010 23:58:52 +0000

SO I know everyone here is a fan of these sites. But honestly, I found one that pulls together the best deals in my town better than anything I’ve tried before. You may not believe me but its better than Groupon. It’s no copycat, it’s the real deal (no pun intended) and it’s called DealSurf.com, try it out and you’ll be glad you did.

By: Lisa

Lisa — Tue, 11 May 2010 19:27:18 +0000

We just did one on Living Social and it has really helped give us a boost for the summer. We are a small business with a very limited market, also, being the only business in town who does wine tours, this really brought awareness. I think if you were a salon, you may not get loyalty. I will say the margins are SLIM!

By: Nicole

Nicole — Wed, 07 Apr 2010 19:32:54 +0000

I use and LOVE these websites. My co-workers and I discuss the deals we receive via email everyday. We have often purchased these deals and if something is great – we go back for me. A lot of small businesses have increase their revenue in a crazy way when you think about some deals that sell 500-2500 in just one day. As mentioned above, people will now go back again and again and it doesn’t really cost the business owner thast much money for all the new customers they now have. Keep it up Groupon, Living Social, Half Off Depot, etc and I’ll keep buying!!

By: J_Gut

J_Gut — Tue, 09 Feb 2010 20:24:28 +0000

I use and enjoy these coupon sites. I like a good bargain, but if I happen to find exceptional quality in the process, I will pay for exceptional service or product in the future (without the “deal”). I think it’s good advertising!

By: Daniel

Daniel — Sat, 23 Jan 2010 16:10:01 +0000

I agree Trusted…many businesses fall short to realize how powerful and important coupons are and the positive impact they can have on any business, offline or online!

By: Trusted

Trusted — Thu, 10 Dec 2009 06:47:36 +0000

The above post couldn’t be more wrong. This is exactly what small businesses are looking for and it’s not just cheap skates who love deals and use coupons. After 30 years in sales and marketing of advertising, especially to small local businesses, I can tell you that these companies are going to do exceptionally well as are the advertisers who use them.
A recent Groupon deal in Indianapolis brought in 215 new clients to a dentist. Now think about the lifetime value of a new dental patient. The office had no ad cost and probably covered their out of pocket expense by the sale of the coupons. The profit margin is HUGE and I bet they will run this deal again and again.

By: zippy

zippy — Wed, 09 Sep 2009 18:20:03 +0000

Coupons, schmoupons–as usual, nobody is talking to the customer (the SMB) to see if he or she is going to pay for this service, and then re-order/re-new again.
Have you seen the “discussions” on the various Groupon Deals? In San Francisco, you have a bunch of people arguing whether four Yoga classes at $10 each over three days is a better deal than three Yoga classes at $7.50 each over five days.
It’s enough to make any business owner run screaming for the hills–who wants to deal with these “empowered” cheapskates nickel and diming them every step of the way? SMB’s also know they’re going to get badmouthed on Yelp if these customers don’t get it for free, or close.
So what if “the technological barrier is so low”? The fundamental, insurmountable problem with these local coupon sites is that most businesses DON’T WANT these customers, and even fewer businesses will actively advertise/pay to reach them! So where’s the on-going revenue stream?
Groupon and 99% of local coupon sites will be gone by the end of the year, because of zero margins and little or no repeat business.

By: Jim Moran

Jim Moran — Wed, 09 Sep 2009 02:01:32 +0000

Expect to see a bunch more of these pop up, as the technological barrier is so low. These deals should skew to services (and other very high margin businesses) that can offer the deepest discounts.

Would be interested in learning what the economics of these deals look like between the sites and the SMBs. I assume the minimum is simply a technique to encourage virality, and is not really a sticking point?

Also to add, a spa-only version of this – 25Tuesdays.com – popped up recently.