I tend to post a lot of deals from Daily Deal sites...but I can't possibly post all of them. I've also learned through chats here and there that many people are scared of daily deal sites. They are scared that they are offering a product at a price so low that it must be a scam...Not True!
Let's back-up...daily deal sites offer products and services for AT LEAST 50% off with some up into the 90% off range. Companies pay these deal sites a percentage of their sales to advertise for them. In reality, they make more than they would selling directly.
How? Let's look at this example...
Let's say I have a product that I sell in my 'store' for $10. This product only cost me about $3, so in store I make a $7 profit. In a week, I may sell 20 of these products giving me a $140 profit.
Now I'm going to offer a deal on a deal site where I also have to pay 20% on my sales. I'm going to offer this product for $5. 20% means for each voucher/product I sell, I have to pay $1 to the deal site leaving me with $1 profit. Not much huh? But wait...these deal sites get me a LOT more customers. Instead of selling 20 in a week, I sold 500 in a day! That's $500 profit!
See how these deal sites work? They benefit the customer AND the company and are NOT a scam!
Here are some of my favorite deal sites for you to check out. I will note ones that give you a bonus for signing up. ALL are FREE to join!
Deals for moms, babies and kids. You get $15 credit when you invite friends to join. Sign up here.
Items for women, men, kids, the home and even getaways! Earn $15 in credit when you have a friend join. Sign-up here.
Totsy offers moms on-the-go and moms-to-be access to brand-specific sales, up to 80% off retail, just for them and the kids, ages 0-7. Get a $15 credit when you refer a friend. Sign-up here.
Get up to 70% off designer retail, Get a $10 credit when you refer a friend. Sign-up here.
Don't want to miss Twin Mamma's updates? Subscribe now!!
No comments:
Post a Comment