Start 3-Month Groupon Campaign
Description:
Utilizing Groupon for your grand opening can be a strategic move to maximize visibility, get your asset out in public, and generate early reviews. Despite the mixed opinions about Groupon in the business community, it has proven to be a valuable partner, especially during the grand opening phase. This guide will walk you through the steps and considerations for launching a successful Groupon campaign.
Steps:
Planning and Decision-Making
- Choose the Right Time:
- The grand opening phase is an ideal time to launch a Groupon campaign for maximum impact.
- Contact Our Groupon Partner:
- Reach out to our dedicated Groupon partner who is familiar with the type of campaigns we run.
- Decide on the Discount:
- Determine how much of a discount you're willing to offer to customers. Remember, the larger the discount, the more attractive the deal. For example, if your tour costs $500 and you offer a 20% discount, the customer will pay $400.
- Calculate the Commission:
- Groupon usually takes a commission of 20-25%. Aim to keep this as low as possible. The commission is taken on the discounted price the customer pays.
- Choose Tour Types and Schedule:
- Decide on the type of tours you want to offer (e.g., mixer tickets, private tours) and the days you want them available.
Recommended Settings
- Our Recommendation:
- We suggest offering a 21% discount to customers and making multiple options available seven days a week, at all times, and for all passenger counts.
Campaign Setup and Launch
- Provide Campaign Details:
- Supply all necessary information to our Groupon partner, including the decided discount rate, commission, and tour types.
- Submit Photos and Deal Description:
- You'll need to provide high-quality photos and a compelling description of your deal to entice potential customers.
- Review and Approve:
- Once the campaign is set up, review all details for accuracy before approving the campaign for launch.
- Monitor and Tweak:
- After the campaign is live, monitor its performance and make necessary adjustments for optimization.
Resources:
- Groupon Merchant Center - Comprehensive guide on how to use Groupon for business.
- Groupon Business Development Manager:
Audit Checklist:
- Contacted our Groupon partner.
- Decided on the discount rate and calculated the commission.
- Chosen the type of tours and schedule.
- Supplied all necessary campaign details, photos, and descriptions.
- Reviewed and approved the campaign.
- Monitoring the campaign's performance.
What Good Looks Like:
- A well-structured Groupon campaign that aligns with your grand opening objectives.
- High customer engagement with your deal, leading to more visibility and reviews.
- Effective use of the Groupon platform, with regular monitoring and adjustments to optimize the campaign.
- Meeting or exceeding initial targets for customer reach, bookings, and reviews.
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