Title: Groupon refund (2)
1Groupon's business model
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2Key points of the presentation
- What is Groupon's business model?
- Groupon Work
- Groupon work for the Customers
- Groupon work for the Sellers
- Groupon Revenue Model
- Key Partners of Groupon
- conclusion
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3What is Groupon's business model?
- Groupon is an online platform that connects
millions of potential customers to local
businesses. It offers amazing deals on goods and
services, travel, activities, etc. Groupon's
business model has upgraded over time. Because of
this model, it is surviving in more than 28
countries. - Groupon Business Model is the best model for
increasing customers and revenue. With this, the
local merchants get more customers and Groupon
generates its revenue by providing customers to
the local merchants.
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4Groupon Work
- Groupon sells deals and discount coupons and
earns revenue (commissions) for every customer
that is referred to the merchant. This is the
operating model of Groupon. - Groupon work for the Customers
- Groupon offers deals and discount vouchers to its
customers. It is a marketplace that lets
customers explore and help them to save money on
their favourite goods and services. Groupon lets
customers purchase discounts and deals in the
form of electronic coupons that can be redeemed
at the merchant's shop or the website of the
merchant.
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5- Groupon work for the Sellers
- Groupon connects the local sellers to potential
customers. It brings customers to local
businesses and charges commissions for the same.
Local merchants increase their customers by
partnering with Groupon. - Also, read full guidance on Groupon cancellation.
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6Groupon Revenue Model
- There are two types of revenue of Groupon that
are explained as follows- - 1) Service revenue
- Groupon earns service revenue from commissions on
transactions- - On behalf of third-party merchants, selling goods
and services. - Using digital coupons accessed through Groupon,
retail purchases made. - Through the Groupon site or emails, advertising
revenue for traffic generated.
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7- 2) Product revenue
- Product revenue is the revenues generated from
direct sales of merchandise inventory through the
goods category. - Key Partners of Groupon
- Local Merchants
- Affiliate Network
- Social Media Platforms
- Other Coupon Providers and many more.
- If you want to know more information about
Groupon key partners then contact Groupon
customer support and get the answers of all your
questions.
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8Conclusion
- Now, we have provided you with complete
information about Groupon Business Model. If you
want to initiate a return and get your Groupon
refund then you can read its refund policy.
Call us 1- 800-215-4017
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