GROUPON – Deal Of The Day Super Business!

There is a new big kid on the MLM and discount selling and buying product market, and its name is Groupon, who is in the business of offering group coupons (thus its name “Groupon”) through thousand of affiliate websites and vendors to consumers everywhere who want to cash in on “deal-of-the-day” product and service discounts on almost everything imaginable.  Groupon offers discounted gift certificates, and these are usable at all kinds of locall and national companies.  And when I say Groupon is available to consumers everywhere, I meant it.  Groupon is now available to over 150 markets in America and another 100 markets around the globe.  In fact, since October of 2010 it is believed that the company has over 35 million registered users.  So this kid is not only big, he’s giant!
 
There are also several international deal-of-the-day operations owned by Groupon, which were originally offered deal-of-the-day services similar to Groupon.  They have been rebranded under the Groupon name and include the European company MyCityDeal, Qpod.jp in Japan, Beeconomic.com in Singapore, and the Russian business called Darberry.ru.  Plus, Groupon recently purchased the deal-of-the-day company SoSasta.com in India and will be rebranding it fairly soon.  Groupon has also acquired uBuyiBuy which it has relaunched under its name in Hong Kong, Taiwan, Singapore, and the Philippines; as well as acquiring the company GroupsMore.com located in Malaysia.  So Groupon is definitely an international, conglommorate family of kids to be reckoned with.
 
The way Groupon works is pretty straightforward and easy to grasp, especially by MLM aficionados and nework marketing gurus: a group coupon (a “Groupon”) is offered per day in each of the markets where it does business.  This Groupon is like an assurance contract wherein if a certain number of individuals sign up for the offer, then the deal is open to everyone.  There is, however, a predetermined minimum, and if this is not met then no gets the deal of the day.  Retailers treat the coupons as quantity discounts as well as marketing promotions, and they enjoy reduced risks this way.  The company earns money by keeping almost half the profits each customer pays for a Groupon.  And whammo! you have a company platform and a method of offering discount products that  
 
Groupon makes money by keeping approximately half the money the customer pays for the coupon, the rest going to the retailer or multi level marketing affiliate, which in this case, is over 35 million MLM sellers worldwide. 
 
Groupon is definitely all over the world and online, and even on Facebook where members are offering Groupons to people in their networks.  So social networking and network marketing are definitely in vogue when you become a MLM affiliate with Groupon.  To learn more about this company and its platform for multi level marketing and affiliate selling, you can visit their FAQ page at http://www.groupon.com/faq, and about the amazing opportunities they offer to MLM affiliates and new signees no matter where you live.  Groupon is indeed a big new kid on the block, and they want you to become part of their very profitable family!  Go check them out at their main page at http://www.groupon.com.