How Group Buying works for the Trader
|Date Added: May 17, 2011 09:53:35 AM|
If you are a small business and want more customers go to LocalTradeDeals, the group buying website, they will advertise your business (Your deal) to its many visitors and customer base. Once the allotted coupons (Deals) have been sold you get your money, minus a set percentage for LocalTradeDeals for administration. Your new customers will then present the coupon to you for redemption.
Group Buying works with a network of merchants and service providers to promote their services to consumers by offering significant discounts to use at their businesses. Businesses benefit from immediate revenue generated through Group Buying large direct email network and online market place.
Now money upfront outlay, you get your money before the customer comes
Huge influx of new customers
Huge response, period.
Low cost vs. local Papers, TV advertising