Perhaps
the biggest change that savvy shoppers have experienced in the past
two years is the arrival of a plethora of daily deal websites like
Groupon, with countless number of attractive offers. Daily deals
websites like Groupon , Woot and Living Social focus mainly on local
businesses, and give the public a deal from them per day. The concept
is very simple. Daily deal mails will be emailed to registered users
every day, through which they can know about fantastic money saving
deals, like a discount coupon to buy a product or go to a favorite
restaurant. If enough people but that deal, it goes through, and you
can gain about 50-90% profit on getting the coupon from such
group buying platforms .
If
you are looking for profitable business options, the best one is to
develop daily deal group buying platforms. According to a leading
business magazine, daily deal group buying platforms like Groupon are
expected to amass about $3 billion in revenue this year. By the end
of 2015 the market this is expected to reach $4 billion. Groupon,
industry leader of daily deal websites, has been listed by Forbes as
one of the fastest growing companies of all time. These statements
are powerful enough to show the growing fame and demand for daily
deal websites. Now, everyone has started wishing for a part of that
pie. Groupon's success has inspired a lot of companies to develop
similar group buying platforms. A lot of websites and apps with more
or less ‘Groupon like’ looks and feel can be found online now.
Those
who are looking for creative ideas to expand your online business can
work on developing group buying platforms. The thrill of getting
deeply discounted deals will definitely woo the customers beyond
explanation, making them come back for more.
