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3 Types of Online Discount Websites you could start

The online market has seen a whole new inventory in the recent years with e-commerce websites increasing in number day by day. While this can be a pretty good business for the upcoming entrepreneurs, there is one other line of business to be followed. Online discount based websites have started emerging as the latest form of business with minimal investment requirements. So, if you are looking for the type of online discount business you can work with, here are some of the best ones for you.

1. Daily Deals Coupons Websites

This is one among the hottest trend that has been evidenced by the companies such as Groupon, LivingSocial, Roozt, and Eversave. These sites with daily deal are also termed as the group-buying sites. These offer deals tend to evolve via sales volume. These merchants tend to offer massive savings only if the website has the potential to generate enough volume for making it worthwhile. These coupons based deals are mostly short term that can be redeemed at a restaurant, store, spa, grocery shop, resort, or any place the merchant has his business in. The main objective of these websites is to grab the customers quickly and purge in the impulse purchases way before the time to do so runs out. The popular tag “Buy Now While Supplies Last” is the best example of these daily deals. The feasibility of mobile applications has made it easier for the consumers to redeem the daily deals almost instantaneously.

The mode of income for daily deal websites include:

  • Mostly 50 percent cut of every deal
  • Advertisement sale on the website
  • Site membership
  • Revenue stream combination

2. Online Clipping Websites

These are the websites that facilitate access to coupons that could be clipped off from magazines, newspapers, or other sources. These things are known as clippers. Popular examples of these websites include names such as CouponClippers.com, Coupons.com, and RetailMeNot.com. These websites tend to post number of coupons or promo code coming from various merchants and manufacturers while making them available online for the consumers. Shoppers visit this site and if they see something they like, they print it out to be redeemed at the local stores. However, one needs to remember the fact that it is illegal for one to photocopy the original coupon. If you tend to operate this type of coupon-based websites, you have the following source of income:

  • Small percentage acquired for each coupon used
  • Affiliate marketing
  • Advertisement sale on the website
  • Site membership
  • Combination of all these streams for revenue

3. Coupon Referral Websites

These websites serve as the directory that points the shoppers towards the most recent deals available. They also help various other websites by offering variety of discounts in a single platform. Websites such as CoolSavings.com, LivingSocial, Groupon, etc bring in the coupons via manufacturers such as Betty Crocker, Breyers, Pillsbury, etc. Companies like these affiliate with the manufacturers, daily deal websites, coupon sites, and many more to bring in a platform that acts as one-stop shop with the database that provides its customers with variety of choices for selecting the best and most feasible deals. Being the owner of one such websites allows you to narrow down the consumer field with side-by-side product comparison from various websites.

If shopping is on your mind, now is the best time and season to look for amazing deals and coupons over credible websites such as IndiaShoppers. Creating an account with this website is fairly easy and even free from any charges. With IndiaShoppers, you will always be updated with the latest coupons available with your favorite brands.

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