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Groupon Clone: Billions Made, Trillions to Be Made

By Sandeep Thakur Subscribe to RSS | May 2nd 2012 | Views:

What brewed in the mind of Andrew Mason went on to become so big in the shape of Groupon that it was hailed as the next big thing in the web world. In the year 2010, Groupon was valued at $1.35 billion and when last heard, it launched its IPO in the market to accept public investment. Now, all that happened in around four years. Therefore, saying billions were made by the company would not be wrong. However, even bigger fact is that there are trillions to be made as there is a lot of potential in the idea as yet.

After looking at the success story of the Groupon and LivingSocial (its bête noire), entrepreneurs ran to join the deal-of-the-day clan. These came to be known as Groupon clone websites. Smart as Andrew Mason is, he started purchasing clone sites that garnered customers operating under the same concept to decapitate the competition. Days passed by, mergers were made, news companies came up, more billions were made and those who predicted discount culture as a fad were laughed at as the concept kept on gaining popularity.

Today, there is uncountable number of living social deals websites and even more are cropping up with the passage of time. But the catch here is that not every website based on the idea has clicked amongst the masses. A lot depends on the web platform one employs as it is the very route through which a customer will reach merchants. Need of such smart Groupon clones woke web companies to come with platforms that enhanced the experience of the visitor.

Getting a clone Groupons software is not a complicated task as there are a number of companies offering their scripts at competitive prices. Tough part is to bring all the crucial features of transaction management, dispatching deals and increasing efficiency under a single umbrella. And when these factors come into the picture, not many a web design firm remains!

What businesses really search for is a website designing company with a script which could help them in exploring the real potential of the daily discounts business. A good script with advanced features not only increases the profitability but also brightens long term growth prospects.

Those ready to mint some clone money could start by putting ‘web design companies websites’ on search engines to see the best in the business of web services. And for those still doing ‘should I or should I not’, the word has to be ‘the clock is ticking’. Well, this would be it for now as trillions (dollars) are waiting to be made.

Sandeep Thakur - About Author:
About Content Owner: The digital work is owned by FATbit Technologies web design firm. It has been evolving innovative web platforms for its customers since 2004. It also specializes in e-marketing, content services, SEO, reputation management and web designing.

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