How to Start Daily Deal or Discount Coupons Website

Once, a wise man said, “Saving on something is good but saving on everything is better.” Also, psychology says that a customer feels better when he/she saves money while shopping.

And this is what daily deal websites do. The platform gives coupon codes and special discounts offered by the local businesses.

As you decided to go with this business, you need a step-by-step guide to successfully start the daily deal or discount coupons’ website.

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Decide a niche

Any business requires both short and long-term goals. There is a healthy competition in the daily deal or coupons website. So, what you need to do is select a particular field or niche at the starting stage in which you will provide certain discounts offers or coupons.

For example, choose restaurant sector or electrical appliances.

Remember that the niche you selected is the foundation of your business, so try to do something out of the box. Or, keep yourself slightly away from existing well-established websites to avoid direct competition.

As your business grows, go for multiple niches to broaden your reach.

Competitors

Make a list of your competitors and analyze their strategies, business model, and strength & weaknesses.

After you have a detailed description of what your competitors are doing, you can turn their disadvantages into your advantages. Moreover, you can make your business model more effective by studying ones of your competitors.

Build your website

A website is the backbone of your business. It’s your brainchild, so focus on it completely from the very first stage (scratch).

To make a good quality website, you can make your own team of developers or hire freelancers. But these two ways are time-consuming and expensive.

As an expert, I would rather recommend you an online readymade solution to build your website.

There is a platform named Yo!Deals that constructs a customized website full of quality features at a reasonable cost.

Website features

Online business relies completely on a user-friendly, responsive, optimized and feature-rich website.

When it comes to daily deal business, make sure that your website is both PC and mobile optimized as it has to deal with excessive traffic.

All the required features of a daily deal business should be functioning properly.

Partner with local businesses

Here’s the final but the most important step, to establish a partnership with local businesses to avail discount deals or coupons.

Read their clauses or terms of service properly before signing any contract.

Conclusion

People love to find out various discount deals or coupons on the internet. As a business perspective, discount deals or coupons business promises a great future.

So, make sure you strike well at the starting and be consistent with your form.

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Daily deals model

How Daily Deals Brands Keep Merchants & Buyers Happy?

Daily deal platforms are famous amongst buyers looking for greaDaily Deals Platformt deals and offers. Presently, there are various daily deals players in the market, and considering the same, it is business critical for daily deal brands to keep merchants & buyers happy. Here is how the owners of the best brands do it;

Giving critical insights to merchants

Merchants new to the deals based promotional campaigns usually have little knowledge about its working and requirements. It is up to the brand representatives to inform merchant about ground realities of running a deal. In the absence of such insights, merchant can build false hopes of windfall gains. For instance, daily deals are more about promotion and fresh footfalls than overnight profits. Beforehand update about the same will began business partnership on honest footing.

Helping merchants with arrangements

Running a deal is not all about spreading the news of a discount on web. It is also about making arrangements for the forthcoming queries and phone calls. In case staff at merchant address is unaware about the deal and doesn’t Daily Deal Systemrespond to queries in a convincing manner, serious damage could be inflicted on brand name. For similar reason, smart daily deal script owners patiently guide merchants about customer handling and inform them beforehand when deal goes live.

Keeping powerful functionality for buyers

Buyers like to be active on platforms that promise easy redeem and share options. Deals shoppers also like to buy from brand that bring powerful functionality. Daily deals platform owners promise all the mentioned by investing in a software that comes with rich functionality, social sharing buttons and quick buy options. If buyers don’t find the platform simple to navigate and buy from, they are going to switch loyalty sooner or later. So, to make buyers stay for the long term, platform owners invest in feature-rich feature-rich daily deal software.

By bringing unique deals

Along with exciting discounts, deal shoppers look for unique experiences. It is groupon website design up to the marketing & sales team of the brand to bring exciting deals for buyers to ensure loyalty and repeat purchases. No one likes the same boring deals again and again. To keep deals searchers happy, established deals brands keep marketing team on its toes to find new experiences for their customers.

Suggesting merchants to plan stocks

There are fair chances of stocks running out when a deal goes live and people find it fascinating. Hence, it is critical for businesses to plan ahead and build the infrastructure to cater customer inflow. It also needs to be ensured that regular customers don’t suffer due to the sudden demand.

A powerful daily deal aggregator script lays the groundwork for happy best-dealsmerchants and buyers. After building platform on such a script, platform owners need to take regular steps to build a loyal following and merchant base.

Establishing a daily deals brands is a breathtaking process but once it is done, sky is a limit in terms of revenues and growth.

FATbit Technologies is a web development firm dedicated to evolve modern business solutions. It has developed Yo!Deals, a feature-rich daily deals script that comes with custom design, 5 revisions and 12 month technical support.

Most Frequently Asked Daily Deals Related Questions

Groupon and LivingSocial are household brands nowadays but not everyone knows what it takes to make such a website. It is quite natural for entrepreneurs who wish to enter the daily deals business to be full of questions and doubts. Finding the right answers to some of the most important daily deals related questions is critical for informed business decisions. So, here are answers to some of the most frequently asked questions about daily deals platforms and how to establish them;

Are daily deals system and online shop similar?

People often assume that daily deals systems are similar to online ecommerce platforms. This is obviously incorrect. Daily deals platform works on the business model in which the deal goes live only after predetermined number of people signup for the offer. However, in case of online shop, products are Daily Deals Platformavailable for purchase at any time of the day and don’t require minimum signups. Both are based on different business models, and confusion about the two, if not treated, can be lead to bad investment.

Can I sell anything on daily deals platform?

Daily deals are usually related to hospitality, health, fitness and beauty markets. Groupon has recently entered in the physical product field with Groupon Goods but only after dominating the coupons-and-certificate industry for some years. Hence, it cannot be assumed that literally anything can be sold through a daily deals platform. Discounted certificates make the focus of a deals platform but one can bring a twist in the marketing model by going custom with daily deal software. This can be accomplished by choosing a script from a seasoned web development firm prepared to introduce requested changes.

Is it wise to buy a standard script and make changes?

It is wise if you are well versed in web design and development processes. However, if you are not, getting a standard script and running experiments could be a risky idea. In case you have a trusted business partner who can handle the script changes, even then, standard script can serve the purpose. That said, it is always better to tread the safe path and partner with a firm that offers custom Groupon clone software. This makes the platform as per your vision and requirements.

How much does a daily deals script costs?

A powerful feature-rich deals script can cost anything between $500 and $10,000. Along with the price tag, one should also consider the additional support that come with it. Custom design, technical support for bugs & errors, and number of revisions are important elements to look for. A Groupon buying system on sale with such provisions means that the development firm knows what it takes to make a truly global deals platform.

Of course these are not the only questions that occupy the mind of deals enthusiasts; there are plenty more including enquiries about the best deals script. To answer this, there is no such thing as the best deals script.

Whatever suits your needs is possibly the best.

Share your thoughts and opinions in the comment section.

FATbit Technologies is a web development company known for its path-breaking Groupon clone script, bitFATdeals. Its premium version comes with 12 month technical support, custom design and 5 revisions.

Making Merchants Fall in Love With Your Daily Deals Platform

You have finally decided to enter the daily deals market and are ready to take on the biggies with your unique idea. While you may have taken care of all the technical and marketing aspects, there is one thing that needs your undivided FATbit Technologiesattention; that is your merchant base. If your merchants have a bad experience with first campaign, they will surely leave. Hence, making merchants fall in love with you can be the difference maker. Here is how to do it;

Inform them

While merchants with experience do know what it takes to cut a fair profit from a daily deal campaign, new ones are very much unclear about how the deals system works. Hence, they would very much appreciate help in getting a better understanding of the marketing model and how it works. By warning merchants beforehand about the type of traffic that can come, you can help them in being prepared for additional workload. Everyone appreciates information that comes handy, and deals business is no different.

Check sales cannibalization

Merchants mostly become part of daily deals setting to attract new footsteps to their business and earn loyal clientele. However, the same doesn’t happen as highly discounted deals on offer are sometimes availed by people who are Daily Deal Systemalready regular customers. This leads to sales cannibalization. Helpful functionality in the daily deal software to check such practices can benefit merchants greatly. Inclusion of some elements in the drafted advertisement can also check such cases.

Help in understanding buyer psychology

Deal buyers have their own pattern of purchase. Most prefer to redeem coupons close to the expiry date; initial month of the deal often doesn’t receive much of a redemption rush. Merchants are unaware of such peculiar characteristics of deal buyers and are sometimes caught off guard when the rush begins. Hence, being owner of the daily deal clone script on which their offerings will be listed, you can educate them about the psychology of deal buyers to help them be prepared and take better decisions.

Give them a powerful platform

Merchants too have to perform various tasks on the platform to manage their deals. If the platform lacks powerful functionality and doesn’t lend control in the hands of merchants, then, they might think before running another campaign on your platform. Considering merchants have endless number of websites ready to host their deal, you might end up losing. Hence, go for a daily deal script that comes with rich merchant functionality.

Groupon clone websites with unique design attracts both users and merchants. So, look for custom design feature when searching for daily deals script.Group Buying Sites
While some say daily deals business has lost its luster, the truth is that it has stabilized after going through a rapid phase of expansion. The chances of making a fortune in the business are still bright, considering you have a unique idea and plan in mind.

So, go for a function-rich Groupon deal script, give merchants a clear about the business, and make them fall in love with your daily deals platform.

bitFATdeals is a Groupon script clone from FATbit Technologies that comes with rich functionality and powerful merchant, admin and deals features. The company also offers custom design, 5 revisions and 12 month technical support with it.

Related Articles:
Why Entrepreneurs Still Believe in Deals Model?
Why Merchants Fall in Love With Groupon Clones?
Groupon, Clones and Small Businesses
Why Deals on Groupon Clones Are Good Idea?

Daily Deals Future & Possibilities for 2013

Year 2012 brought numerous changes in the daily deals market. Groupon, still a dominating name in the market, witnessed some accounting hassles; various new daily deals platforms came and various tectonic shifts were also noticed. slider-1So, the concluding year was a kind of mixed bag for daily deals market. Lessons learnt from the past will certainly shape the daily deals future & possibilities for 2013. So, let get to know what the year might bring, betting on ideas that have gained popularity;

Paper will be passé, plastic & mobile will become popular

Paper vouchers will become a thing of the past; card-linked offers will gain popularity. Mobile-based redemption models like Passbook and Google Wallet are rapidly gaining acceptance and no one would be surprised if usage of paper vouchers would entirely disappear within the next four-five years. Smart phones usage has skyrocketed and mobile based redemption platforms are betting money on the fact that the trend will not reverse. There are strong reasons to believe the same with Apple and Samsung selling like hotcakes.

Uniqueness will still prosper

The glitter that Groupon carried at the very beginning has long faded away. Having tie-ups with some local merchants and handful of deals on a website doesn’t work any longer. Upcoming Groupon clone websites realize this Groupon Cloneand thus come with a unique business pitch. Groupon itself has started treading a different road with Groupon Goods and Getaways. In the same way, there are secret deals for big brands, adventure deals and gender specific deals. So, the upcoming year will also bring similar experiments from the daily deals aspirants.

More will disappear

The glitter might have diminished but the dollar glow that surrounds the deals business has not faded yet. Entrepreneurs are still hopeful that they can make a place in the deals market and to a certain extent they are right to believe in the potential of a smart Groupon clone. However, not everyone will be able to sustain in the market for long run. Hence, the news will keep coming about one or the other daily deals player leaving the market.

Deals will be married with advertising

Quite recently, daily deals market has also garnered interest from advertisers to introduce new products and get rid of excess inventory. Physical display advertising asks for a lot of monetary investment; even digital one doesn’t Daily Deal Softwarecome cheap. In such a scenario, if a web user can be lured into to take notice of something good in the form of daily deal, it can be win-win scenario for advertisers. Modern daily deal software offer scope for the same if one is open to experimentation and new ideas.

Growing popularity of dynamic pricing

Dynamic pricing was limited to airline sector but has now started showing signs of emergence in retail too. Amazon is a fine example for it. The concept has potential to garner interest from a deals platform owner and finding its way in the daily deals aggregator script but it is still to be found how buyers will receive it.

So, these are the points that may thread the web for ‘daily deals ideas’ related searches in the year 2013.

bitFATdeals is a dynamic daily deals platform that comes with rich deals, merchant, admin and CMS features. Developed by FATbit Technologies (http://www.fatbit.com), the script is on offer with custom design, 5 revisions and 1-Year technical support.

Group Buying Sites’ Mounting Mania

With discount deals thronging the market in the past few years, Groupon clones have made a swift way through the hallways of eCommerce. Daily deal concept has become such a fad that it led to a flurry of ‘me too’ websites offering such bulk order discounts. From spas to home facials, from two for one pizza deal to home insurance, Group buying websites have offered it all. But then not all seem to be ideally right. As a customer, you must be wary of the kind of deals you purchase and the offering source as well.

Who wouldn’t want to score on a really great deal? And have a big bang for a buck?

Since it is considered to be an out of the box business model, a large percentage of businesses have already started adopting daily deal software. Companies are in a rush to harness the power of Groupon’s concept and emulate its idyllic business strategy. And as we always mention, who doesn’t like getting hefty discounts for some crazy little pennies? Hence this cost saving scheme has done some gangbusters. This is an enterprise that thinks good for people even in economic downturn, hence it has done so well so far and is likely to stick around for as long as there is demand and desires.

But, out of some 3000 daily deal websites, who is mainstream? How would you know? You can never go wrong with an expert that’s been around and ruling online charts for about a decade, has diverse demographics, provides exceptional customer service and of course offers top the line exciting deals.

bitFATdeals has been one of the best strategically and functionally advanced choice for all daily deals portal owners, merchants and buyers. FATbit Groupon clone insists on robust back up, reliable recovery system, embedded security certifications and round the clock customer support.

So all you dot com investors, with bitFATdeals, a leading group buying script, you have the right advantage in the daily deal market. We are not just providers, but partners who understand your deal marketing requirements like no other. So, all you money conscious web enthusiasts REJOICE! Here is a deal idea that gets you the best deals in town.

FATbit, is also a full circle leading web design and development company of the country with a global reach.  http://www.FATbit.com

FATbit Revamps Its Daily Deals Section

It is inherent nature of seasoned web based companies to keep bringing something new for their visitors, customers and clients. FATbit too recently went ahead to do something similar for visitors interested in its daily deals script, bitFATdeals. The company has revamped its daily deals section entirely to give it a new look and feel with much simpler content and focus on graphics.

To make sure that visitors get complete clarity of the daily deals concept and how it works, the company included sections that thoroughly elucidate on critical industry specific elements. The section describes all the important parties that are involved, describes their roles and also highlights everything that the powerful script accomplishes for the website owner. The same simplifies the otherwise complicated concept of daily deals. A team member involved in the designing processes commented on the same;

“We were told that clients often came with half-baked knowledge about the daily deals concept. To make sure that clients are entirely clear about what the concept is all about and how group buying sites works, we started redesigning some of the pages to include engaging content through which the same is conveyed. If you will visit the pages, you will come across simpler though informative content, rich graphics and fair use of white space. Our target was to inform; not brag”

Besides the informative page highlighting crucial aspects of daily deals concept, the company has also given a facelift to ‘packages’ and ‘why group buying system’ page. While ‘packages’ page highlights features, package details, prices and also some important queries raised by clients, other focuses on group buying system, benefits of custom design and other important aspects.

The company also recently made provision for five revisions on custom design. This further enhanced the value of daily deal software that was already very luring for entrepreneurs. The company is confident that the recent changes will surely excite their visitors as well as clients. The same was reflected by a firm’s web expert;

“Our company is a serious player in the daily deals script market, and is trusted by global players for powerful platforms. Our clients’ expectations are very high and, everyday, FATbit team tries to meet them. The recent changes will surely help us in consolidating our dominance in the Groupon clone script market. I am sure that our new pages are going to engage visitors just the way our product features and offerings do”

FATbit Technologies is known for introducing such radical changes to enhance user experience and functionality. Recent additions only confirm its status as a leading web development company specializing in daily deals script.

Visit: http://www.fatbit.com/website-design-company/why-groupon-group-buying-system.html

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