Wednesday, August 10, 2011

Daily deals meet mobile advertising


Mobile advertising is a great tool that is used by large organizations as well as small businesses to place information on products and services right in the hand of the customers. This concept has been picked up by DealNet an ad mobile network to introduce daily deals to its customers with customized advertising from the merchant.

The merchant is given a lot of freedom when it comes to making the decision to how the daily deal will be worded, the time it will be sent to the customer as well as the day it is to be sent. DealNet then delivers the daily deal offer to mobile users in a local area at the time that was decided upon by the merchant.

The ad network allows for the merchant to upload their own deal that usually targets customers in local areas that are seen as potential customers in the future. The system identifies the needs of a customer and delivers the right daily deal to them on their mobile phone. This model benefits the customer a lot because they do not have to go to a group buying website to find out about a local deal which would require clicking on many links that will lead you to daily deal that you are looking for.

Another benefit is that DealNet only delivers daily deal ads to customers when there is a deal that matches their needs thereby eliminating complaints of too many adverts sent to a potential customer in the local area.

Business owners benefit the most as they are able to play an active role in the production of their daily deal that is sent to customers that they have selected and they only pay after they have seen results from the advertisements that they had placed.

Sunday, August 7, 2011

Daily deals leading to complaints in some countries

The daily deals phenomenon that is being replicated all over the world is facing some challenges in countries like Australia where there has been a rise in complaints from customers on these sites. Group buying was introduced in Australia a few years ago and has been growing at a phenomenal rate with daily deal sites being set up almost on a weekly basis. This growth is likely to have brought with it operators that are not reputable which might have led to the complaints from customers.

Some of the complaints that group buying sites are facing in Australia include delays when a customer has redeemed a voucher or when waiting for the voucher to be delivered to their inbox. Some of the deals do not live up to the expectations of the customers which in turn does not bring in more business for the merchant. Goods and services that are redeemed by a daily deal voucher are delayed when it comes to getting it to the customer within a specified time period.

Other complaints include the challenge of fine print that makes a daily deal voucher hard to redeem before it expires. The authenticity of the discounts being offered has also raised question marks in consumersí minds with those who are looking for a refund facing challenges when they have problems with their daily deal with sites like Spreets or Cudo.

Nevertheless, these complaints have been attributed to teething problems in the group buying industry and have even seen the setting up of meetings between industry players to come up with an acceptable code of conduct. These meetings allow reputable daily deal industry players to identify reputable companies who will be able to come up with a better experience for both businesses and customers when it comes to group buying in Australia.

Friday, August 5, 2011

Daily deals buyers in Australia have a chance to swap deals


Daily deal sites are on the rise in Australia which has led to the increase in purchase of daily deals by customers in the country. The lure of a discount is always a hard thing to resist thereby creating a situation where daily deal buyers regret their purchases but do not have a solution as to where they can get refunds or sell the vouchers and recover their money.

The Swapdeals website that was recently launched allows consumers to buy as well as sell vouchers that they do not need or those that they have not used. The website is structured in an online market place format that gives the consumers an opportunity to swap deals at no charge. The consumers also have the benefit of setting the price at which the voucher will be sold for thereby allowing them to make a profit or redeem the exact value of the voucher.
Consumers will need to visit the Swapdeals website to set up create a profile that will make it possible to swap deals with other people who are also looking for customers for their vouchers. The profiles allow consumers to put up their unwanted or unused vouchers that can be seen by other subscribers on the site and they can respond with their offers.

A subscriber is also allowed to buy vouchers from the site even as they are looking to sell their own vouchers.

This swapping platform is an innovative idea that will be of great benefit to consumers as they can swap across a variety of categories such as accommodation, restaurants, beauty, and entertainment among others. The consumer will be able to save money on a voucher that they did not need by exchanging it for a deal that they can use.

Tuesday, June 14, 2011

Cudo Daily Deals Site

What can be said about cudo? Cudo is a daily deals website similar to jumponit, buyii, and spreet. The company describes itself as collective shopping, where a large user base enables them to get such great deals. In fact, in order to take advantage of these deals, a minimum order of sales must be met. If the number is not met, the deal is not delivered. That is one reason that referring friends can be of the utmost importance. In fact, cudo offers a $10 refer a friend program to get their user’s friends all on board. Cudo even has spokespeople and can even be seen on TV commercials. The market for using collective buying sites is on the rise and definitely worth looking into, as many daily deals articles and commentary suggest.

Cudo has many city specific offers in cities such as Sydney, Melbourne, Brisbane, and Perth just to name a few. There are also some nationwide offers that are posted on the site. Users can be emailed the daily deal and then determine if they want more info or actually buy the deal. If they do not want it, they have nothing to do. If it is a desired item, the consumer can click on the site and add their name to the purchase list to become part of the buying community. Signing up on the site is easy and can be quickly done. Signing up and viewing the deals that are offered daily are enough to aid in learning about the city without ever stepping a foot out until ready to.

Cudo also offers the ability for business owners to expand their business. Though they do not leave companies out, service oriented businesses such as restaurants, spas, and theaters can easily have their name put out on the circuit for more exposure than they may be getting with their own form of advertising. Also, the idea of having at least a certain number of sales also appeals to many business owners. Knowing that a deal will sell 50 or 100 of items where in daily sales you may sell 5 makes a big difference in revenue. Cudo can help make those extra sales possible. In a world where competition is growing, sellers can easily try to come out on top and make new loyal customers. If you are still a little unsure, contact cudo today and get a representative to talk more with you about how to develop a partnership with them.

Collective shopping is native to China, where tuangou was started. This group buying concept is only a few years old, but old enough and tried enough to say that it works! It is now expanding around the globe in hope that people will be able to save their hard earned money. Cudo is one such site that may not save enough money to make you a millionaire, but will leave you with some spare to enjoy life a little more.

Monday, June 6, 2011

What is group buying?

Group buying is also reffered to as collective buying or daily deals and is a mechanism which provides buyers with the opportunity to enjoy huge bargains on products and services they really need to buy. The significantly low prices are offered provided that a minimum number of buyers would purchase the product or service.

Group buying sites differ from normal sites where purchases can be made largely because of the deals and rewards offered. Most of the group buying sites operate by negotiating with local businesses and making a deal for a significant discount in exchange for the promise of a large amount of customers.

These sites like Groupon and LivingSocial work by approaching local merchants and requesting them to wipe off 50 - 90% off standard prices in exchange for large volumes of sales and the publicity the merchant would receive. These could range from restaurant deals to spa deals to retails consumer commodities.

It is believed that Groupon would charge about 50% of the gain while LivingSocial would take 30% to 50%. This too depends on the type of deal they strike with the seller.

The origin of Group buying has been traced back to China where they practiced team buying or Tuángòu. Teams of people with a common need would get together to negotiate a bulk price with a merchant to buy the same item.

At present, Group buying websites have become so popular because of the role they play in the online shopping business by doing the negotiating themselves and featuring a deal of the day that its customers can enjoy. All that the consumer has to do, is to enjoy a major discount on the product or service of his or her choice by printing off the voucher and presenting it to the merchant! To some, it may seem too good to be true, but that's just what it is!

Some of the sites require a minimum number of consumers to agree to make the purchase before the deal can materialize. Some sites allow consumers to invite others to purchase the commodity they desire through their website itself. Some sites limit the number of coupons an individual can use.

Given that the sites benefit from larger groups of people making use of them, some tend to have rewards schemes that reward people for introducing friends etc. This model works well for small businesses struggling to survive the aftermath of the recent economic downturn.