What you need to know before using Groupon or other daily deal sites:
Most daily deal sites say they pay you (the business owner) and don't charge for their services and technology. In reality, daily deal sites can cost small business more than they might realize! For example, one business in Roanoke, VA went with a competing daily deal site through the local newspaper. This business was selling a $60 service for $30 (50% off). After their daily deal was done, this business sold a total of 33. 33x$30 is $990 in total revenue. Not too bad. But from that $990, about 55% was taken out as payment to the daily deal site. 55% of $990 is $544! Therefore, on top of the deep discount this business is giving, the daily deal site is taking a $544 cut, leaving the business owner $445 out of a potential $1,980 in total service revenue. $445 is only about 22% of the original cost! This is a relatively conservative deal! Some businesses sell hundreds or even thousands and can risk considerably damaging their financial stability. Hometown Freebies charges a flat rate of $99 for a business to be featured. In the example above, that would have saved the business $445! Hometown Freebies allows businesses to keep almost all of their revenue. We do not take a percentage. Hometown Freebiees strives to put you, the business owner, first!
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