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• Archive: http://archive.is/wip/oSYya $247 $42 - Groupon Killer For Cash Confidential - Jim Mack GROUPON Is A DISASTER For Clients...But It's A Goldmine For Consultants Like You And MeWhy?Because Groupon's Failings can be our opportunity!A VERY Big and Realistic Opportunity...$5,000 to $7,000 A Month To Start.Business Insider said that only about 1% of Groupon users become regular customers.
• The problem is that the cost of sale doesn't really add up for the small business owner.They say, a local business only needs to convert about 10% of Groupon buyers into regular clients for it to make financial sense...But based on the internal data Business Insider was only seeing conversion rates of about 1%.Those are horrible numbers.
• I hope you can see the opportunity here and how big the opportunity is.Groupon’s sales pitch to the local business owner is that by using Groupon they are going to get a huge number of repeat customers.But I Just Showed You That It Is Not the Case.Another troubling number is about 30% of the people that transact on Groupon are tourists.It’s only likely that 1% of those customers are likely to be repeat customers.According to Business Insider, Groupon's churn rate could be as high as 90%.Out of all the local business owners who have run a Groupon deal.
• Only about 10% are planning to run a second campaign.I Admit, I Thought Groupon Was OK...Until I Talked to Local BusinessesThe Pre-Conditioned Prospect Is The Best Prospect...
• and makes the best client.