5 Tips For Group Deal Success

From the forum:

5 Tips For Group Deal Success : Marketing :: American Express OPEN Forum

Many small business owners have considered offering a group deal, but only 10 percent have run one, according to recent research from MerchantCircle. And while the results have been promising for these early adopters—77 percent say they would run another one—group deals don’t work for everyone. Among the people who said they wouldn’t offer another deal, 42 percent said it was not effective in customer acquisition, and 24 percent said they lost money.

It is critical that entrepreneurs do their homework before embarking on a group deal to make sure they’re positioned for success. Read the full story for five tips to help you get the best results.

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~ by WPA Staff on July 12, 2011.

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