DISCLAIMER: I HAVE ABSOLUTELY ZERO INTENTION OF MARKETING IT ON WARRIOR FORUM, OR LETTING ANYONE ON WARRIOR FORUM KNOW HOW / WHERE TO PURCHASE IT. I SOLEMNLY SWEAR. SO THE TROLLS WITH "OPINIONS" CAN SAVE THEM. READ ENOUGH BOOKS, DOWNLOAD ENOUGH DATA, ANALYZE THE PLATFORMS AS I HAVE. BETTER YET, WORK FOR GROUPON AS A SALESMAN AS DID FOR 7 MONTHS BEFORE YOU TROLL.
THIS IS ACTIONABLE AND FREE INFORMATION ANYONE WITH ENOUGH IMAGINATION AND INTELLIGENCE CAN UTILIZE TO PICK UP THE PHONE ON MONDAY AND MAKE $1,000.
I welcome you guys' thoughts.
Daily Deals are Huge. The key problem with the model is that the merchants:
- Cannot schedule them when they'd like. They're at the mercy of Groupon, Living Social, Amazon Local.
- The daily deal sites own and control the e-mail lists (data).
- Merchants walk away with 25 cents on the dollar (avg).
Use a combination of something like Betwext, and use the Closely platform to enable merchants to it themselves. This solves all those problems. They get their own list of proven deal buyers, they schedule their own deals, and they walk away with more money as with a $10 offer on a daily deal site, they would have made $5, with you they make $8. You split the $2 with Closely (charge separately for texting). The cool thing about Living Social and the gang is that they show you exactly how many deals have been sold for a given business. You can use this as leverage to build up the value of charging them up to $1k to set everything up. If a guy has sold over 200 deals on day one, push; "keep those customers for life."