If you are running a Groupon promotion, you must contact us right away! No joking. Money is slipping through your fingers every minute!
You see, most business owners are doing their Groupon promotions the wrong way and don’t even know it.
Groupon has some flaws no one tells you about up front, but most business owners eventually find out the hard way.
Let us show you how to turn your Groupon promotion into a winner!
It’s Really a Loss Leader
Groupon wants you to discount prices by at least 50%, then they take half of that leaving you %25 or less. Depending on your costs, that may leave little to no profit.
If you can think of Groupon as a loss-leader, you can design your sales process to take advantage of that.
Loss-leaders are a powerful marketing tool for generating fast sales volume, but they must be part of well-designed sales funnel containing other profit hooks – or you’ll lose your shirt!
Beating the Bargain Hunters
Groupon can be great at getting new customers through the door, however, the main problem with Groupon customers is they rarely ever return.
They are serial discountists.
But with smarter promotions designed to take advantage of their bargain-hunter nature, you can dependably lure them back again-and-again for profitable repeat sales.
Studies show you need to convert about 10% of your Groupon customers into repeat sales in order to get a profitable ROI.
Don’t get me wrong, I am not suggesting you stop running Groupon deals. Quite the contrary!
It’s an excellent way to generate buzz and pull in new customers – but it is pretty hard to scrape out a profit – UNLESS you set up your promotion the right way.
We will show you how to fill those profit holes and turn your Groupon promotion into a real money maker.
In our Groupon Review session, we will teach you…
- 3 different ways to lure those bargain hungers back in for repeat sales – that’s where the money is. Studies show you need to convert about 10% of your Groupon customers into repeat sales in order to get a profitable ROI. I will give you 3 ways to do that!
- How to make twice as much profit with the same offer by adding a twist.
- How to protect your brand from the discount death spiral where your prices mean nothing because customers expect discounts every time.
- A sneaky little trick to pull customers from Groupon, even when they don’t buy your Groupon offer. In fact, you will make more money when they don’t buy it. This one tip is worth thousands of dollars to your bottom line!
You will find out just how much money you could be leaving on the table right now!