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Tips for Running Successful Daily Deal Promotions

Wednesday, June 26, 2013
The daily deal industry is starting to mature. The rapid growth of the deal of the day websites gave place to slowdown and more deliberate development. People are still interested in good deals with high discounts. However, all the participants of the market are getting smarter. The deal site owners and merchants are becoming more selective with the deals they offer. The merchants do not rush to run deal promotions with the first available deal website. Despite of all the advantages of the model it happens that deal promotions do not meet merchants’ expectations for generating revenue and attracting new repeat customers. Disappointed vendors are looking for alternative ways to promote their products and services. There is no deal business without vendors. So, the owners for the group buying sites are also vitally interested in increasing merchants’ satisfaction from running the deals.

How to avoid setbacks with the daily deal promotions?

"That some achieve great success, is proof to all that others can achieve it as well." ~Abraham Lincoln

Thursday, June 20, 2013

The deal-of-the-day concept has been an effective business model for many companies for years. Despite of all concerns daily deal and group buying websites still exist and expand their business horizons. Just like in any other industry some deal market players can not stand the competition and leave this business. At the same time, many of them survive and grow their income. Gaining success requires hard work, discipline, persistence, creativity and a certain portion of luck. However, the fact that some daily deal companies succeeded is a convincing evidence that others can achieve success in the deal business as well!

How to Find Merchants for Your Daily Deal Website

Tuesday, June 18, 2013
how to find customers for your daily deal website
Finding merchants who are willing to post deals on a newly created daily deal site is a great challenge. Most merchants have already been contacted by other daily deal websites and they have had some experience, good or bad, with posting the deals. It is not an easy task to convince vendors that offering deals with your website is something they may benefit from. The merchants will not agree to run a business with a deal website that do not have an audience interested in purchasing their deals. They also more likely agree to deal with a reputable deal operator. So building your subscribers list and establishing your good online and business reputation are the primary tasks of each daily deal startup. Of course, you can’t do this within a day or a week after starting your website but you definitely have to do some groundwork before the merchants accept you as a reliable partner for distributing their deals.

How to find merchants to source your deal website? There are many methods, let’s review some of them.

Getsocio Expands the Range of Payment Gateways for Deal Payments

Tuesday, June 11, 2013
Getsocio.com, an online commerce platform for daily deal entrepreneurs, expands the range of payment options for deal payments. 

WorldPay, one of the leading providers of electronic payment processing solutions, is now available for daily deal websites developed on Getsocio software platform.

Getsocio provides software solutions for building daily deal websites internationally and serves customers in the United States, United Kingdom, Australia, New Zealand, Germany, France, Italy, Netherlands and other countries. The geographical diversity of customer base leads to the necessity to employ a broad range of payment solutions for supporting convenient payment methods regardless of location of the customers. The list of payment options supported by Getsocio includes major payment systems, such as PayPal and Authorize.net, along with less known Bluepay, Mister Cash, Payfast, PostFinance and others.