These days, many businesses consider promoting products and services on GroupOn; the voucher discount site.
It sounds easy – offer a discount on your products and get increased demand. However, nothing is that simple…. as one cake shop owner has found out.
In one month, she received a staggering 8,500 orders, after placing a 75% discount on a box of cupcakes.
Usually sold for £26, the cakes were offered at £6.50 – with a £2.50 loss on each box. Not only did she make a tremendous loss, the owner found herself unable to cope with the demand. She had to bake 102,000 cakes – compared to the usual 100.
In order to achieve this, the company had to bring in 25 agency staff, as well as the usual 8.
That is why coming to a company, such as MediaHeads, can be a great help.
We have experience at creating the right GroupOn deal for your business. We know how GroupOn works and the best ways of getting increased sales without finding yourself overwhelmed by orders.
Getting the balance right is extremely difficult, but with our help you could be on the way to using GroupOn for your business.
To find out more about how MediaHeads can help your business use GroupOn, please click here.
