Version: 3.2
Size:
1KB
Requirements:
No special requirements
No special requirements
Price:
$69.90
$69.90
System:
Linux
Linux
Rating:
4.4
4.4
License:
Commercial
Commercial
Description - Groupon Clone Script
The group buying revenue model is about making money through large volume of sales. Group buying generates large volumes of customers for businesses (ie. restaurants, beauty parlors, hotels, outdoor adventure etc.). Since a business will get a large volume of customers, they are willing to sell on your group buying website with a heavy discount on the regular price. Your group buying website makes money out of the bonus (a flat commission for the entire deal) and commission (which is variable and based on the number of customers generated). Achieving a high volume of sales is usually fairly easy because in order for the offer to `go live` it has to have sold a certain number (minimum volume). Customers will encourage their friends and family to buy the offer to ensure that it goes live. Your group buying website can also act as an advertising platform