Group Buying Script - Today's Marketing Trend

What are Group Buying Websites• Group buying websites leverage the power of

collective bargaining to provide attractive local deals that offer significant savings for consumers while also promising lucrative sales numbers to participating merchants. These local group buying websites, like Groupon, BuyWithMe and SocialBuy, have gained a lot of traction as they offer short term, daily deals that discount luxury items and everyday products all the way up to 50% off. Products and services offered tend to sell out within hours, thus making this a very attractive and affordable marketing solution for local businesses.

What is Group Buying?

GROUP BUYING also known as COLLECTIVE BUYING or GROUP PURCHASING offer products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase.

The merchants agree to offering consumers such incredible savings on a specified product or service provided the group buying site can generate more than a specified minimum number of sales chosen by the merchants. The Club or site then sends these deals to their thousands of subscribers in emails daily.

Once the minimum number of sales is reached, the deal becomes activated and all the customers that signed up for the deal become eligible to get the product at the negotiated discounted price. The Group Buying Club and the merchant split the profits.

Today's Groupon Market

Revenue for the first quarter 2013 expected to be between $560 million and $610 million, an increase of between 0% and 9% compared with first quarter 2012.

Over all 2013, operating income is expected to increase compared with 2012

Now coming to Contus Groupon Clone

Contus groupon clone is one of the best groupon clone script to Start Group buying site.

There are hundreds of customers who are using Groupclone product and running their business successfully.

Its a cost effective group buying, deals websites solutions.

Best Features● Multiple Cities & Categories

● Customer login with Social Accounts

● Facebook Fan Box

● Gift A Friend / Buy It For A Friend

● SEO Friendly URLs

● Facebook Login

● Active, Recent, & Upcoming Deals

● Merchant Login/ Featured Business

● More Great Deals

Contus Groupon Script

People using Contus Groupon Script are successfully running their group buying deals.

● 1000+ Happy Customers

● 4000+ Magento Extensions Supported

● 240+ Languages Supported

● 40+ Currencies Supported

Thank You