Since then, the company has gone through a reorganization to adapt and create a profitable and sustainable business model. Otherwise, the offer is canceled for lack of participation.ĭeals are like vouchers that can be taken into local businesses to be used as cash, or items can be purchased on sale, with coupons or promo codes via the Internet.įounder and past CEO Andrew Mason had a quirky business style and did not turn a profit during his tenure but certainly garnered interest from investors in the company’s potential profitability.Īfter the initial controversy regarding the financial statements, the company went public.Īlong with an Initial Public Offering (IPO), the executive board fired Andrew Mason and hired a new CEO. The Groupon user receives a reduced price if enough people commit to the item or service advertised. Related Post: Affiliate Bots 2.0 Review – Is It A Scam? What Is Groupon?įounded in 2008, during the recession, Groupon is a marketplace that leverages group discounts or savings of goods and services for the individual consumer that are typically only given to a large number of people, like a club or company group. Subsequently, the advantages and disadvantages of becoming an affiliate are described in order to make an informed decision as to how much income a partnership can potentially draw and if Groupon specifically is worth your time and effort. In order to understand the affiliate program, this article describes what Groupon is and how it works for merchants, consumers, and affiliates. The partnership can create a steady stream of income with enough click-throughs and sales. Also, the brand is well-known for its successful marketing strategy. The Groupon affiliate program is worth it because it can become a lucrative source of revenue due to the 10% affiliate commission. It’s certainly worth a deeper dive into the specifics of how Groupon is faring as a company and what benefits are offered in an affiliate partnership to become profitable. To join Groupon as an affiliate and link to deals to offer your customers is a straightforward process and even includes helpful tools and metrics to track progress.īut is it a value-added effort in 2020 when there are so many other companies offering potentially better programs? Disadvantages of Groupon Affiliate Program.Advantages of Groupon Affiliate Program.What Affects an Affiliate’s Commission?.Difference Between a Groupon Merchant and Affiliate.
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