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How to grow your local
  business through deals?

         B R O U G H T T O Y O U B Y S AV E C I T Y. C O M
  S AV E C I T Y I S A M A R K E T I N G P R O G R A M F R O M
 C A P I T O L B R O A D C A S T I N G T H AT O F F E R S A W AY
F O R Y O U T O AT T R A C T N E W L O C A L , C O N N E C T E D
C U S T O M E R S A N D D R I V E L O N G T E R M VA L U E F O R
                      YOUR BUSINESS.




                  http://www.savecity.com
By the Numbers

                                              • New Trial - 53% of users tried a
             53%                                business or service specifically
                                                because of the deal offered



                                              • Repeat Business - At least 23%
             23%                                stated they continued using the
                                                business after the deal was redeemed




             50%                              • Offer Matters – Anything below 50%
                                                exponentially effects results negatively


Source: ConsumerSearch.com & Forsee Results Survey 2012

                                        http://www.savecity.com
How deals help grow your business?




Increase            Increase         Increase
exposure           customers           sales




           http://www.savecity.com
Top 3 Marketing Outcomes From Deals Strategy


          Increase net-new customers
    31% of daily deal buyers said they were new customers
      Trigger “comeback” action from former or non-
   frequent customers
    27% of daily deal buyers that purchased were infrequent
     customers
          Build loyalty with current customers
    38% of deal redeemers are frequent customers and went on to
     continue purchasing without a future deal



Source: Forsee Results Survey 2012

                                     http://www.savecity.com
Debunking Deal Site Myths

      68% of daily deal buyers returned to the establishment even without
     another discount

       53% of daily deal buyers went on to become regular customers

       67% of daily deal buyers for restaurants said they returned to the
     restaurant where they had previously used a daily deal

      48% of daily deal buyers for restaurants were new customers, and
     83% ended up recommending the restaurant to family or friends




Source: ConsumerSearch.com & Technomic Research

                                       http://www.savecity.com
Not All Discount Channels Are Alike


                           Online                    Print                  Mobile Deal
Group Buying
                         Advertising             Ads/Coupons                   Site

                          Brand Awareness &                                  Brand Awareness and
 Brand Awareness and
                           Targeted, Traffic         Brand Awareness         Mobile Availability for
      Pre-Sales
                              Generator                                          Instant Action



                                                    User pays merchant
       User pays          User pays merchant                                User pays merchant and
                                                   when buying/Merchant
 upfront/Revenue Split   when buying/Fee-based                              merchant pays small fee
                                                    pays for creation and
     After Discount            exposure                                          for conversion
                                                        distribution




     Measureable          Measureable: Not 1:1      Limited Measurability        Measureable




                                 http://www.savecity.com
How to prepare for your deal?

  Prepare for volume
 Ensure you are staffed for increase in traffic
 Ensure you have inventory to fulfill
  Train your staff
 How it works?
 What to expect?
 How to upsell?
  Cross promote the deal along with deal site promos
 Place on your website
 Enter in your e-newsletter
 Update social media sites: Twitter & Facebook



                         http://www.savecity.com
5 Easy Ways to Maximize a Deals Strategy

1.   Create customer follow up plan
2.   Sign them up for your e-newsletter or mailing list
3.   Acquire them as fans and followers on Facebook & Twitter
4.   Ask for an online review – Google, Yelp, others
5.   Create a special follow up offer to thank them and bring
     them back




                       http://www.savecity.com
How to upsell a “Deals” Customer?

  Prepare an upsell offer that compliments your deal
  Coach your staff on how to engage and offer the
upsell opportunity
  Be specific in your ask-- Avoid “Can I get you
anything else?”
  Assure your customer that he/she is making a
good choice with this upsell item
  Thank your customer for coming in and invite them
back


                 http://www.savecity.com
Deal Strategy Summary

  Deals are a good way to drive business
  Lots of options – review and understand details
and what works best for your business
  Prepare for your deal – inventory, training &
promotion
  Create a follow up loyalty plan
  Try it – innovation and experimentation are keys to
business success



                 http://www.savecity.com
Thanks

To schedule your Save City
   Deal, please email us
    info@savecity.com




       http://www.savecity.com

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How to grow local business through deals

  • 1. How to grow your local business through deals? B R O U G H T T O Y O U B Y S AV E C I T Y. C O M S AV E C I T Y I S A M A R K E T I N G P R O G R A M F R O M C A P I T O L B R O A D C A S T I N G T H AT O F F E R S A W AY F O R Y O U T O AT T R A C T N E W L O C A L , C O N N E C T E D C U S T O M E R S A N D D R I V E L O N G T E R M VA L U E F O R YOUR BUSINESS. http://www.savecity.com
  • 2. By the Numbers • New Trial - 53% of users tried a 53% business or service specifically because of the deal offered • Repeat Business - At least 23% 23% stated they continued using the business after the deal was redeemed 50% • Offer Matters – Anything below 50% exponentially effects results negatively Source: ConsumerSearch.com & Forsee Results Survey 2012 http://www.savecity.com
  • 3. How deals help grow your business? Increase Increase Increase exposure customers sales http://www.savecity.com
  • 4. Top 3 Marketing Outcomes From Deals Strategy Increase net-new customers  31% of daily deal buyers said they were new customers Trigger “comeback” action from former or non- frequent customers  27% of daily deal buyers that purchased were infrequent customers Build loyalty with current customers  38% of deal redeemers are frequent customers and went on to continue purchasing without a future deal Source: Forsee Results Survey 2012 http://www.savecity.com
  • 5. Debunking Deal Site Myths 68% of daily deal buyers returned to the establishment even without another discount 53% of daily deal buyers went on to become regular customers 67% of daily deal buyers for restaurants said they returned to the restaurant where they had previously used a daily deal 48% of daily deal buyers for restaurants were new customers, and 83% ended up recommending the restaurant to family or friends Source: ConsumerSearch.com & Technomic Research http://www.savecity.com
  • 6. Not All Discount Channels Are Alike Online Print Mobile Deal Group Buying Advertising Ads/Coupons Site Brand Awareness & Brand Awareness and Brand Awareness and Targeted, Traffic Brand Awareness Mobile Availability for Pre-Sales Generator Instant Action User pays merchant User pays User pays merchant User pays merchant and when buying/Merchant upfront/Revenue Split when buying/Fee-based merchant pays small fee pays for creation and After Discount exposure for conversion distribution Measureable Measureable: Not 1:1 Limited Measurability Measureable http://www.savecity.com
  • 7. How to prepare for your deal? Prepare for volume  Ensure you are staffed for increase in traffic  Ensure you have inventory to fulfill Train your staff  How it works?  What to expect?  How to upsell? Cross promote the deal along with deal site promos  Place on your website  Enter in your e-newsletter  Update social media sites: Twitter & Facebook http://www.savecity.com
  • 8. 5 Easy Ways to Maximize a Deals Strategy 1. Create customer follow up plan 2. Sign them up for your e-newsletter or mailing list 3. Acquire them as fans and followers on Facebook & Twitter 4. Ask for an online review – Google, Yelp, others 5. Create a special follow up offer to thank them and bring them back http://www.savecity.com
  • 9. How to upsell a “Deals” Customer? Prepare an upsell offer that compliments your deal Coach your staff on how to engage and offer the upsell opportunity Be specific in your ask-- Avoid “Can I get you anything else?” Assure your customer that he/she is making a good choice with this upsell item Thank your customer for coming in and invite them back http://www.savecity.com
  • 10. Deal Strategy Summary Deals are a good way to drive business Lots of options – review and understand details and what works best for your business Prepare for your deal – inventory, training & promotion Create a follow up loyalty plan Try it – innovation and experimentation are keys to business success http://www.savecity.com
  • 11. Thanks To schedule your Save City Deal, please email us info@savecity.com http://www.savecity.com

Hinweis der Redaktion

  1. Source: ConsumerSearch.com and The About Group Research, June 2011Source:Forsee Results Survey, March 2012
  2. Source:Forsee Results Survey, March 2012
  3. Source: ConsumerSearch.com and The About Group Research, June 2011Source: Technomic Research (Food Industry Research Firm)