SOURCE: Saveology

Saveology

May 24, 2011 08:55 ET

Saveology® Improves the Daily Deal Model

Saveology Offers National Merchants a 70/30 Revenue Sharing Split, Instead of the Common 50/50 Split

FORT LAUDERDALE, FL--(Marketwire - May 24, 2011) - Saveology is offering an improved strategy to help businesses gain new customers. In today's marketplace, national retail and online businesses are saying no, and shying away from the daily deal model because they are hesitant to take a 50-percent split on the revenue share. Saveology is a forward-thinking organization and is quickly converting these naysayers into believers as they embrace the latest 70/30 revenue share offering when partnering to launch a national deal.

The "Groupon Headache" of historically charging 50-percent revenue share for running a promotion has proven great for Groupon, but not that great for merchants. But with Saveology, the performance based media outlet's 4 million email subscriber base is growing by 300,000 a month. Retailers gain new customers and a reduced split and tah-dah, this apprehension is removed.

The trend for merchants seeking new customers from cashing in on deals has proven to be a successful branding opportunity and lead generator, and ultimately cultivates repeat business. The announced revenue sharing move by Saveology is more attractive as it offers two benefits, first it continues to keep customers happy with their deep discounts and second, the merchants are happy with their increased share.

To find out how to benefit from this new split visit the merchant portal on Saveology.com.

About Saveology
Saveology acts as a performance based media outlet to present curated daily deals from thousands of merchants to its over four million opt-in subscribers with promotions reaching an additional 300,000 new customers each month. Merchants participating in the program offer a discount of up to 50-percent off a service, product, entertainment venue, travel, leisure activity amongst others. Promotions span local, regional and national offers.

Contact Information

  • Tamar Burton
    Director of PR, Saveology.com
    Email Contact
    954.657.9611