trends in the daily deal and coupon industry

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Welcome to the Daily Deal Builder Members Training Webinar. Grab a pen / paper and let’s get started. Presented on July 24 th 2013 by Marc and Tyler Horne Co-Founder, DailyDealBuilder.com Blog | FB | Twitter | Email

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Many folks say the daily deal sector is a dying industry... This is far from the truth. People have always and will always love getting deals, and businesses will always utilize some form of promotion in order to acquire new customers and business. Enjoy the replay from our http://dailydealbuilder.com training webinar where we discuss trends in the deal and coupon industries and common characteristics of the movers and shakers. If you have any questions or would like to set up a demo, email our support department at [email protected].

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Page 1: Trends in the Daily Deal and Coupon Industry

Welcome to the Daily Deal Builder Members Training Webinar. Grab a pen /

paper and let’s get started.

Presented on July 24th 2013 by Marc and Tyler Horne

Co-Founder, DailyDealBuilder.com

Blog | FB | Twitter | Email

Page 2: Trends in the Daily Deal and Coupon Industry

If You Have Questions Along the Way?

Type them in the questions box or if you are not watching this live you can always

reach us at [email protected]

Page 3: Trends in the Daily Deal and Coupon Industry

Where the daily deal and coupon industry is going.

Who is leading the pack? What are they

doing? How are they doing it?

Page 4: Trends in the Daily Deal and Coupon Industry

In short, it’s going nowhere.

Page 5: Trends in the Daily Deal and Coupon Industry

…or maybe it’s going everywhere.

Page 6: Trends in the Daily Deal and Coupon Industry

Let’s face the facts:

• You, me, and nearly everyone else in the world

enjoys getting a great deal.

• Smart phone usage is increasing at an

incredible speed. This equates to more users

searching for deals and coupons on their phones.

• The face of advertising has changed. User

generated recommendations are king.

•Companies still need people in the door and will

always utilize some form of promotion in order to

get new customers in the door.

Page 7: Trends in the Daily Deal and Coupon Industry

The leaders that are moving forward in the deal industry…

• Are moving beyond the deal industry (but by no means abandoning it).

• Are offering additional services such as SEO, SEM, Google place

listings, social media help (Facebook, Twitter, LinkedIn, Pinterest,

Instagram, Skype), video or photography services, web design or

development, mobile app creation, blog creation, etc.

• Are focusing on providing a great mobile experience by investing in

their smart phone technology and building unique and exciting smart

phone applications for their subscribers.

• Continually focusing on subscriber acquisition and retention.

• Are focusing on making the deal promotion a success for the

merchant. Repeat merchant business is critical.

• Utilize humor and cause marketing.

Page 8: Trends in the Daily Deal and Coupon Industry

Most Common Reasons Deal Sites (and most all businesses) Fail. • Supply & demand - math

• Bad management & owner troubles

• Growing pains

• Accounting

• Cash flow

• Operational mediocrity and inefficiencies

• Market forces

• Not following through

Page 9: Trends in the Daily Deal and Coupon Industry

What Can We Learn From Successful People & Companies ?

• Learn what NOT to do.

• When we focus on learning and reading books, blogs, and news about what others are doing, we are armed with knowledge to make more informed decisions.

• We save time and money by observing and analyzing pre-existing research, market data, sales copy, split tests, and competitors.

• We can see how commercials and advertisements effect the people we’re with by watching them and chatting with them about the ads. If a campaign continues, it most likely means it is successful.

Page 10: Trends in the Daily Deal and Coupon Industry

Successful companies solve a problem.

Page 11: Trends in the Daily Deal and Coupon Industry

Successful companies are innovators.

Page 12: Trends in the Daily Deal and Coupon Industry

Successful companies focus on the customer.

Page 13: Trends in the Daily Deal and Coupon Industry

Successful companies deliver value and quality.

Page 14: Trends in the Daily Deal and Coupon Industry

Successful companies improve conversions.

Page 15: Trends in the Daily Deal and Coupon Industry

Successful companies use incentives.

Page 16: Trends in the Daily Deal and Coupon Industry

Successful companies make some people mad.

Page 17: Trends in the Daily Deal and Coupon Industry

Help your community

MARKETING

Page 18: Trends in the Daily Deal and Coupon Industry

Successful companies use convenience.

Page 19: Trends in the Daily Deal and Coupon Industry

Successful companies are flexible and adaptable.

Page 20: Trends in the Daily Deal and Coupon Industry

Successful companies are ethical and transparent.

Page 21: Trends in the Daily Deal and Coupon Industry

Successful companies help their communities.

Page 22: Trends in the Daily Deal and Coupon Industry

Support Your Local

Community

MARKETING

Page 23: Trends in the Daily Deal and Coupon Industry

Successful companies take action.

Page 24: Trends in the Daily Deal and Coupon Industry

Successful companies make connections.

Page 25: Trends in the Daily Deal and Coupon Industry

To learn more and launch a daily deal venture, we invite you to visit us on the web at:

http://dailydealbuilder.com

Questions?

Thank you for joining us. Have a great day. Make 2013 HUGE!

Presented by Marc Horne

Blog | FB | Twitter | Email