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Follow on Google News | Everybody Buys – Better for Merchants and Consumers, bad for GrouponAs we saw on Wall Street, greed is NOT good. The team at Everybody Buys realized this and has applied it to the daily deal industry. Forget about gouging merchants with a 30% to 50% commission and making customers pay up front for every coupon sold.
By: Daily Deal Media Everybody Buys verses Grouponesque companies A typical daily dealer negotiates with a merchant to run a $100 product or service for $50. The company would then take their cut, usually a 50% commission. After the merchant absorbs the credit card fees, the merchant would hypothetically receive around $23 – $24. The customer purchasing the deal has to fork out the entire $50 up front. Everybody Buys offers the exact same deal for $36 and takes no commission. The merchant receives the entire $36. What? How can this be? Well, Everybody Buys offers this $36 deal to consumers for only $2 to get the coupon. The consumer is out a whopping $2 for the coupon. If he or she forgets about it or something catastrophically happens, the total loss is $2. The merchant gets paid when the customer cashes in on that coupon. The merchant benefits many ways. There is no waiting for the money to come in from a daily dealer that may or may not still be in business. The cash flow from the deal (in this example) is 50% greater – $36 versus $24. That means that the merchant gets $12 more from Everybody Buys and the customer pays $12 less ($38 versus $50). Growing by leaps and bounds Everybody Buys is really rocking and rolling – firing on all cylinders: * In the past several months the company has tripled its merchant base. Merchants seem to like the additional revenue – go figure. * In the past several months the company has been engaging an additional aggregator every month with very aggressive commissions (50%) paid on every referred sale. * In the past several months the company has grown its customer base by 200% implementing various social media campaigns including weekly flash giveaways, loyalty contests and YouTube videos. * This has resulted in Everybody Buys revenues doubling week over week. The bottom line is for those out there that love daily deals or are interested in a better platform, then Everybody Buys may be for you. There are affiliate and bonus programs available. Feel free to check out what the company has to offer at EverybodyBuys.com. End
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