daily deal sites: right for your small business?

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Daily Deal Sites From the Small Business Growth Strategies Series Presented by

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Can daily deals help your small business grow? Don't expect to see an immediate impact, but they can be a great way to attract new customers. In this presentation, we go over the pros and cons, offer some tips and walk you through the process.

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Page 1: Daily Deal Sites: Right for Your Small Business?

Daily Deal Sites

From the Small Business Growth Strategies Series

Presented by

Page 2: Daily Deal Sites: Right for Your Small Business?

INTRO• Nearly 80 percent of

daily deal customers are first-time customers.

• About 68 percent of daily deal customers are between 18 and 34 years old.

Page 3: Daily Deal Sites: Right for Your Small Business?

• Great for attracting new customers.

• Immediate return on investment is rare.

• Can be a valuable addition to your marketing strategy.

INTRO

Page 4: Daily Deal Sites: Right for Your Small Business?

How it Works

Page 5: Daily Deal Sites: Right for Your Small Business?

PROS

Brand Awareness

New Users

Access to Analytics

Page 6: Daily Deal Sites: Right for Your Small Business?

BENEFIT #1Brand Awareness

You’re presenting your business to a

whole new audience!

Page 7: Daily Deal Sites: Right for Your Small Business?

BENEFIT #2New Users

We mentioned earlier that about 80 percent of daily deal customers are new

customers. This can be a tremendous way to build

your customer base.

Page 8: Daily Deal Sites: Right for Your Small Business?

BENEFIT #3Analytics

If you ask for them, some deal sites will provide you with

detailed analytics about your new customers, including age, where they’re located and what

other brands they like.

Page 9: Daily Deal Sites: Right for Your Small Business?

CONS

Profits Can Be

Disappointing

A “Deal” Business

Reputation Can Be Damaging

Page 10: Daily Deal Sites: Right for Your Small Business?

DRAWBACK #1Profits

If you use a daily deal site expecting it to dramatically affect your bottom line, you might be setting yourself up

for disappointment. Daily deals are a form of marketing

Page 11: Daily Deal Sites: Right for Your Small Business?

DRAWBACK #2“Deal” Reputation

If you offer daily deals too frequently, you run

the risk of branding yourself as a “deal”

business, which is often synonymous with

cheap.

Page 12: Daily Deal Sites: Right for Your Small Business?

TIPS

 Make Sure Your Staff is

Prepared

Be Strategic About When You Offer a

Deal

Page 13: Daily Deal Sites: Right for Your Small Business?

TIP #1Prepare Your Staff

This is where using an online scheduling platform like Acuity Scheduling can save

time and money, taking a lot of pressure off of your employees and allowing them to

focus on delivering the product or service you’re offering.

Page 14: Daily Deal Sites: Right for Your Small Business?

TIP #2Be Strategic

Is your business seasonal? Do you tend to get more business during the summer months? Then offer a deal in the winter! Use the daily deal sites to pick up new customers at times when business is

usually slowing down.

Page 15: Daily Deal Sites: Right for Your Small Business?
Page 16: Daily Deal Sites: Right for Your Small Business?

Groupon makes it simple to set up a deal in just a few minutes. Log on to the Groupon homepage and scroll to

the bottom. You’ll see an option to “Run a Groupon Deal.” Click on that

and it’ll take you here.

Page 17: Daily Deal Sites: Right for Your Small Business?
Page 18: Daily Deal Sites: Right for Your Small Business?

After you click on “Local Deals,” you’ll be prompted to fill out your business information. Complete that and you’ll be taken to the Deal Builder section where Groupon will help you design your deal. This is what it looks like.

Page 19: Daily Deal Sites: Right for Your Small Business?
Page 20: Daily Deal Sites: Right for Your Small Business?

Step 1Choose Service & Price

Once you decide what service you’d like to offer, choose the discount to accompany it.

Page 21: Daily Deal Sites: Right for Your Small Business?
Page 22: Daily Deal Sites: Right for Your Small Business?

Step 2Set Your Fine Print

It’s common to set a limit of one discount per person. In the step, you hammer out

those types of details.

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Page 24: Daily Deal Sites: Right for Your Small Business?

Step 3Confirm Location

It’s common to set a limit of one discount per person. In the step, you hammer out

those types of details.

Page 25: Daily Deal Sites: Right for Your Small Business?
Page 26: Daily Deal Sites: Right for Your Small Business?

Step 4Sign Agreement

Are you happy with how the deal looks? Time to sign the agreement and post it then.

Page 27: Daily Deal Sites: Right for Your Small Business?
Page 28: Daily Deal Sites: Right for Your Small Business?

The Contract

It’s pretty straight forward, but keep in mind that Groupon takes a certain amount of each

sale. This is referred to as the Remittance Amount, which is at the bottom of this list.

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The LivingSocial Difference

One thing that makes LivingSocial unique is that it incentivizes its users to share deals. If

a user signs up for a deal and gets three friends to sign up, it’s free for them. Here’s

what the application looks like.

Page 32: Daily Deal Sites: Right for Your Small Business?
Page 33: Daily Deal Sites: Right for Your Small Business?
Page 34: Daily Deal Sites: Right for Your Small Business?

The Amazon Local Difference

There are a few things that make Amazon Local different from Groupon and LivingSocial.

Page 35: Daily Deal Sites: Right for Your Small Business?

There are the more than 215 million active Amazon users. A long history with its customers allows

Amazon to more accurately recommend deals to potential customers based on their past behavior.

Page 36: Daily Deal Sites: Right for Your Small Business?

Amazon customers are extremely loyal, and to have your business featured is a sort of

unofficial endorsement.

Page 37: Daily Deal Sites: Right for Your Small Business?

When you sign up, Amazon Local representatives will help you write content to increase the chances of

users being interested in the deal you’re offering.

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Other Daily Deal Sites

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Setting Up Daily Deals on Acuity Scheduling

It’s a simple process and will help simplify your life when the phones

are ringing off the hook!

Page 40: Daily Deal Sites: Right for Your Small Business?

Setting Up Daily Deals on Acuity Scheduling

We’ll use Groupon, the most popular, as an example.

On page 6 of the Merchant Center User Guider, Groupon shows you how to download a spreadsheet or PDF

version of the vouchers from your Merchant account to manually track and verify them.

Download a CSV (spreadsheet) version.

Page 41: Daily Deal Sites: Right for Your Small Business?

Setting Up Daily Deals on Acuity Scheduling

Log on to your Acuity Scheduling account and go to Promotions in the Appointments section.

Choose “Add New Coupon” and enter the informationDownload a CSV (spreadsheet) version.

Enter the Groupon codes from the list you downloaded into the “coupon codes” box and make

them one-time offers.

Page 42: Daily Deal Sites: Right for Your Small Business?

Setting Up Daily Deals on Acuity Scheduling

In just a few simple steps, you’ve set up a daily deal and integrated

it into your calendar!

Page 43: Daily Deal Sites: Right for Your Small Business?

“Thanks for taking the time

to view our presentation!”

“Thanks for taking the time

to view our presentation!” Acuity Scheduling

Small Business Growth Strategies

@AcuitySchedulin

Page 44: Daily Deal Sites: Right for Your Small Business?

Acuity Scheduling is an online scheduling platform that saves thousands of small

businesses time by allowing their customers to book appointments online, on their own time, at any time, from anywhere in the world. For more

information about services and pricing, visit AcuityScheduling.com.

About Acuity Scheduling