Black Friday Groupon Bonanza
This weekend the online shoppers such as yourself can get great deals on savings through Groupon’s Black Friday Bonanza! Click on the image below or along the side to discover just how much you can save this weekend.
Have you heard of Groupon? This is a deal-of-the-day discount service for online consumers. Every 24 hours, Groupon offers an electronic coupon for a restaurant, product or store in your local city, recommending that local establishment while also offering you, the online shopper, a 40% to 60% discount if you purchase that Groupon. This can be an invaluable way to save money in a variety of different ways to include:
- Going out to eat or shop in your local city of residence.
- When you travel to another city, you can purchase Groupon deals prior to your trip and save money while traveling.
- These Groupon deals also make an excellent gifts. With the holiday season on it’s way, you could treat a family or friend while saving wear and tear on your pocket book.
Why Does Groupon Do This?
Groupon is a middleman service promoting a specific city’s restaurants,. products and stores. Groupon encourages everyone to try a different restaurant or store each day, and earns a commission whenever they successfully refer a customer.
How Does Groupon Work for the Customer?
Groupon in itself is a free service for the online consumer to join. It costs nothing to sign up and start saving. If you provide Groupon your email address, you will receive an email everyday from Groupon with it’s latest announcement to its subscribers list the deal-of-the-day in that particular city.
Typically, the deals are 50% discounts at a particular restaurant or store. If you like the deal-of-the-day, you may purchase an electronic coupon directly from Groupon using your credit card or PayPal account. You print that coupon, take it to the restaurant or store, and redeem it for commonly double the value you paid. To save a tree. Groupon also has the option that you download an app to your SmartPhone using Google Play or the AppStore and have an electronic scan of the Groupon delivered to your SmartPhone.
How Does Groupon Work for the Seller?
Groupon is a commission-based middleman service provider. They provide the seller with a motivated customer-base and promises to achieve a certain number of sales per day. If Groupon doesn’t meet their promised quota, there is no need for the seller to provide any discount services nor any commission paid to Groupon. However, in the more common case, Groupon exceeds their quota of daily interested customers and then all of the Groupon customers enjoy a deal at half the cost while the seller enjoys a big influx of new customers and Groupon earns a commissions from all of the sales. It is a win-win situation.
Are you An Affiliate Marketer?
If you an affiliate marketer, you can apply to be a part of the Groupon Partner Network. You can earn up to 15% commission and start generating revenue. Check out my article on affiliate marketing to learn more about how to generate a passive income.