Interesting Facts About Daily Deals Websites

Posted by admin on January 23, 2014  /   Posted in News, Woo Daily Deals

Daily deals websites have rapidly grown in popularity, with the largest sites seeing a more than 300% growth over the five year period from 2008 through 2013.

For those who are unfamiliar with daily deals sites, they provide retailers with an opportunity to offer discount vouchers or products to consumers. So, for instance, a consumer may spend $10 on a voucher that’s worth $20 at a particular retailer. They’ve proven an extremely effective method for boosting sales in a vast range of niches, from travel, to apparel, restaurants and services ranging from spa treatments to pet care and beyond.

Annual daily deals site revenue has been estimated at a whopping $3 billion USD. Market analysts attribute this tremendous success to a number of factors, including the growing popularity of mobile
devices, the poor economy that’s driven many consumers to seek out deals and discounts.

Fern Technology’s Woo Daily Deals plugin, designed for WordPress sites that are equipped with WooCommerce e-commerce interface, is now available for $14.00 USD. With Woo Daily Deals, you can create a stand-alone daily deals website or add a daily deals feature to your current e-commerce site.

You’ll enjoy a wide range of features, including the ability to schedule deals weeks or even months in advance.

What’s more, the Woo Daily Deals plugin allows you to take advantage of the current popularity of daily deals, without losing a huge portion of your profits to site commissions! This represents the only major downside of daily deals sites — retailers typically must give up 40 to 50% of their profits on each voucher that’s sold. So with the Woo Daily Deals plugin, you can boost sales and enjoy all the benefits that daily deals can offer, without taking a big hit on your profits!

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