In the post "Join The Movement:" I described a new approach to the discount coupon marketing method developed by Social Dish in three parts.
The third part of this radical program is for the businesses honoring the coupons, in which Social Dish and each participating business collaborate in designing. The advertising and exposure they get is also free.
In return the participating business gets 70% of their total revenue and Social Dish gets 30%.
An individual can invite businesses and receive 3% of the total deal from the Social Dish share.
(All details described apply as of April 2011).
To bring all of this to sea level, imagine business A has a product worth $200. They set up a campaign to offer that product for $100, and someone buys the coupon. Business A receives $70 and Social Dish receives $30. Because you referred business A to Social Dish, you receive .03 of $30 (.90). This becomes very impressive when the discounted price is higher, not to mention the number of customers who purchase the coupon and number of businesses you can refer.
Initially, as an online marketing consultant I was unsure how this could be integrated, but after thinking it over for a while, I started to see that it could be part of a total solution. There are dimensions to successful marketing on the Internet such as building a relationship, having a direct response website, having a customer-centric and dependable ordering system, being responsive…
Getting noticed and incentives are just a few of the methods to adopt. So, there's room for more!
If you have a business that you would like to promote please consider using this link: http://www.socialdish.com/businessform/feature/submit/sponsor/zL51PV
