Grow Your Business With Online Shopping Deals Site

Acquiring new customer at a break-even or slight loss and making substantial profit from future purchasing is one of the most overlooked and under-utilized methods of customer growth available to you as a business owner everywhere in the world. You can exponentially increase your clients/customers and profit merely by shifting your focus from trying to make a huge profit on the acquisition of a new client to making your real profit on all the repeat purchases that result from those new clients. The advent of online shopping deal portal only makes this even easier.

If your business or practice is one that has a high probability of customers coming back, again and again, to repurchase from you the same or different product or service, then you need to employ this business building tactic to get customers into the buying stream as quickly and easily as you possibly can.

In the client’s opinion, they always expect to purchase good but cheap products/goods. Groupon or deals website has become the great solution to resolve this common obstacle of advertising; and developed to a very high stage like today. These days office women and housewives search online deals of various types to buy, from home & gadget items to hi end technology items. In case they found out good deals; they would surely share them to friends or their own social networks.For this, online shopping deals website has gained great real audiences to share with business owners. Therefore business owners should take action now to build an appropriate discount campaign as an advertising activities to attract targeted prospects. The more good deals that are displaying on the deal websites everyday out there, the more effective this advertising channel appears.

HOW IT WORKS

To use a deals website to connect with thousands of people that shop online, all you need to do is run a deal on the online shopping deals website. Then do the following:

1. Decide on what percentage discount you will give (The higher the percentage discount, the better).

2. Decide on how many units of product (or service as the case may be) you are able and willing to offer at a discount.

3. Create a FREE merchant account on online shopping deals website or alternatively, contact directly to the deal website management for free consultation.

AN EXAMPLE

Let us say you are an optometrist and you have one of the most modern optometry center. You ordinarily charge N2000 for eye test but for a deal on an online shopping deals website, you decide to give a 75% discount on the test and charge N500 instead.

Mr. John sees your deal on the deal website for N500 and buys it. Now, your examination of Mr. John’s eye reveals a tiny reddish stuff in his left eye and to treat this, you readily recommend an eye medication of N1200 which he promptly buys from you. Furthermore, Mr. John’s original reason for buying the eye test deal is his worsening long sightedness which is confirmed by the test. Your prescription is a corrective glasses which of course is available in your office for N7000. It is very likely that he will buy the glasses from you and because of your excellent service, he keeps coming back every two years for new glasses!

This strategy is equally suitable if you sell physical products. You can use it to:

– Introduce a new product into the market

– clear old inventory

– sell-off slow moving products.

Remember, the goal is not to just cut the price off the first purchase. Rather, it is to make that first purchase so much more appealing that people find it harder to say “no”.

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The Shopping Channels: On a Popularity Spree!

The year 1994 saw the virtual shopping channel doors open for e-business.

Here are a couple of interesting stats from Cooper Smith, tech writer for the Business Insider: The first quarter of 2014, 198 million U.S. consumers bought something online. That translates to 78% of the U.S. population over 15 years of age. Hold on for the next surprising stat, I feel like this one deserves a drum roll; when it comes to e-commerce shopping, women and men are nearly equal in spending!

As more shopping channels opened for business the internet saw a continued spike in popularity around the world. Today’s shopping channels hold no limit to what a consumer can find to fit their needs. They offer a wide range of product and service offerings ranging from specific targeted markets such as retail jewelry markets all the way to shopping for your next home renovation package.

There are several reasons that have led to these channels gaining such a huge acceptance. Some of the important reasons for their stupendous popularity are discussed below.

Easy Accessibility

Convenience is the most important aspect of channel shopping. Night or day, you can enjoy shopping from the privacy of your home. Today’s technology allows you to have a virtual look at the product of your interest and take your time while making important purchasing decisions. Shopping online works for every type of purchase you require, from training classes to fabulous gifts sent directly to that special person. These channels allow you the option to make a purchase when it is most convenient to you!

Competitive Rates

Enjoy the cost savings of competitive rates through online shopping. No store front costs, means better savings handed down to the customer. Shopping online allows you the benefit of comparison shopping. Find that perfect price and the best quality product. The additions of customer reviews also benefit the online shopper. Learning how to shop online for competitive rates can bring you large savings.

Additional product offerings

Shopping with these channels offer a larger variety of product based on limitless storefront real estate. This gives the buyer enough opportunity to glance through numerous varieties of products in different designs and price ranges. Shopping online offers additional size options, colors and clearance offerings generally not found in the average store front.

Shopping – A Private Affair

If you find shopping for personal items should be a private affair, shopping channels are the place for you. If you have always wanted those spotted leather leggings but felt uncomfortable purchasing them in public, these channels allow you to express yourself in private!

The channels continue to make improvements on our virtual shopping experience, which in turn increases the retail online shoppers. Product convenience, competitive rates and variety are the drivers providing value to the online shopping experience.

Uncompromising schedules and demanding deadlines of everyday life leave us wanting a little down time of our own. You find yourself still wanting those personal touch moments to buy those special gifts for loved ones or even a way to simplify the most mundane of everyday tasks, online shopping provides that opportunity.

With all of the benefits these channels have to offer, it is no wonder they became such an instant hit. Technological advances in internet high speed services help to make your experience just a few clicks away from finding what you need and want!

The shopping channels are undoubtedly one stop destination for all your needs. Whatever your requirement is, you are sure to meet it on the shopping channels. All you need to do is to place your order and the product will be delivered to your footstep within the stipulated time. Shopping was never so easy.

Getting Hooked to Online Shopping

People who are used to browsing on internet are getting hooked to online shopping. More and more people are beginning to buy even their monthly grocery as well as pet food and other things from online shops. While many people believe that it could be dangerous to make payment online, it is not stopping people from getting used to online shopping.

Obviously for people who wish to look at very many models of any items they wish to buy, online shopping is the best place to do your research. In no time you will be able to compare the products, get the pricing, technical and product specifications as well as terms of offer etc. One doesn’t have to run from one shop to another in search of different models before choosing one. Secondly they are lot cheaper for the sellers do not have overheads of showroom etc.

You can not only get to know the new brands in town, but internet gives you some of the best discounts and options too. Many shops offer promotional deals for online shoppers which are too good to be refused.

One of the best advantages of online shopping is that you get to sit at home and view all the products as long as you want and get all details without having to spend days and hours going from one shop to another which can be really tiring.

Of course like all other businesses too, shopping online is not without problems. One of the possible problems could be related to finding a defective shipment at your door.

It is common in any business including shopping online that mistakes do happen. In a shopping online transaction, chances are that the delivery you receive might contain a defective piece.

Like all other channels of business where in mistakes in transactions can happen, shopping online too is prone to such disasters. You could end up receiving a defective piece of an item from the online shop.

Most of the online shopping companies are regular companies known in the market. However as it can happen in other cases too, the consignment can get damaged in transit. To return back the defective, communicating and getting the new replacement can be quite irksome.

The other point of difference can be that, if you are looking for quick answers to your questions regarding any product, you might now find someone available on chat and will have to email them and wait for a reply back.

Whereas in the show rooms you will have experienced sales and product experts who know the product in and out and can answer your queries then and there.