Groupons is a company and a website with a unique business model that is mutually beneficial to vendors, customers, and Groupons itself. Vendors like retail outlets contact Groupons about goods or services they would like to package and promote. Groupon reps work with the vendor to create an ad that runs in a daily email newsletter. Each coupon has a quota and if enough people purchase a package, all packages sell at once. Groupons takes a small percentage of the sale and mails the vendor a check the next day. Customers get the coupon immediately for use.
Because Groupons only makes money when you, the vendor, makes money you can be sure that the ad reps will help paint your company and products in a good light. There is very little risk and a lot of potential exposure. Even if not enough coupons are sold, your brand will still go out to thousands of potential new clients who may use your business in the future.
If you want to learn more about how Groupon works, check out their guide site. At Erich Stauffer, we can also assist with helping your company apply to Groupon or setup an email marketing campaign of your own. We prefer Constant Contact, but we are also familiar with Delivra. We recommend email marketing be a core part of your overall marketing strategy and advertising budget.