Groupon Clone Enterprise
|Category: Groupon||Send By: ScriptGiver.com|
|Language: PHP||License: Paid|
Description for Groupon Clone Enterprise:
Introducing Group Buying Software
AlstraSoft Groupon Clone software is a PHP application that allows you to run a Group Buying business just like Groupon.com. The business concept is simple YET powerful. Each day Groupon.com offers users a single fantastic deal for a variety of cities. It could be deep discounts on food, entertainment, places to stay or things to buy. There is a minimum number of deals that have to be sold before everyone can get it.
What exactly is the fuss about Group Buying and why is it a big deal?
Now you must be asking what's the big deal about "Group Buying" and how can you as a webmaster or business owner can be part of this business? If you are unaware, Group Buying is the latest internet phenomenon that has taken the world by storm and in US alone, it has a total market size is expected to be $2.7 billion in 2012. The real killer business idea of giving away one product/services a day at an irresistible offer to a group of people is simply too strong to ignore. Group Buying and E-commerce are still continuing to be the 2 main drivers in today's consumer behavior.
The success of this business model based on LOW startup cost and HIGH profit margin has lead to more than 5 group buying sites being setup in Germany alone in less than a year. Many of our clients are who are running the Groupon Clone are also averaging about 5 FIGURES MONTHLY INCOME within 6months of operations.
What does this really mean for you and your business?
It does not take a rocket scientist to figure how much it can potentially earn you countless revenues. Let's put a conservative figure of a min of 20 purchases for 1 deal a day, assume each deal is value at $60. You will be doing a revenue split with the company who is providing the deal. Assume a 40% commission and each deal will be $24. For 20 deals, that will amount to $480. Now, we are just talking about 1 deal a day and if you multiply by the number of cities you are offering and let's just put it at a min of 5 cities which these deals go through (meets the min purchase number). We are talking about MORE than $2400 of income PER day. Even if you half the amount, the potential revenue can easily exceed a 5 figure income on a monthly basis.
Do I have to compete with the big boys?
That's the beauty of group buying concept. Unlike starting your own social network, you are not competing with those big players to gain as much members as possible in order to obtain a bigger market share. All you need is to get the deal from your city, town or locality and promote accordingly. Different types of deal attract different clientele and that's exactly why Group Deal sites are able to co-exist in the same locality.
Added 12th December 2015 | 746 Views
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