Third, avoid clutter! So in our example above, Honey would have received a commission from Target when the shopper applied the coupon and bought the camera. Online Advertising Online coupon distributors can leverage ad-placement services to sell advertising space on their websites. No matter what method you choose for advertising, I suggest you continue to build your email list. And an idea that has clearly resonated with hundreds of millions of people who have landed on their website. Also check that the name isn’t already taken or tradmarked.
Online Advertising
Outside of the obvious markets and big retailers there’s very few worthwhile coupon sites meaning you can really dominate these markets. Funny thing was after reading it I was about to buy crreating hosting with WP-Engine and I checked RetailMeNot and managed to get a huge discount using one of their codes. Instantly I started thinking about how to make your own online coupon business and the potential it. In case you aren’t aware either coupon sites offer discount codes you can use crwating buying products and services online, everything from household goods to technology to flights to web hosting and. They make their money by showing you the discount code then getting you to click on their affiliate link to go over to the retailer and use it. Or in some cases when you ‘unlock’ the code a new window automatically pops up with the wite setting the cookie in your browser.
Pick Your Niche!
Did you know you can make money online by sharing coupon codes? Coupon Chief is one of many sites online shoppers can visit to find coupon codes before making their final purchase. If you are like me, you rarely buy anything at full price! When I am shopping online and I see a place I can place in a discount code, I am sure to search Google for a code that may save me some money. Although there are many coupon sites, Coupon Chief is unique in that they pay you to share your coupon codes! So, pay can vary depending on if anyone uses a code you share and how much they spend. But as an example, I added about 20 coupon codes to Coupon Chief.
Getting Started
Outside of the obvious markets and big retailers there’s very few worthwhile coupon sites meaning you can really dominate these markets. Funny thing was after reading it I was about to buy web hosting with WP-Engine and I checked RetailMeNot and managed to get a huge discount using one of their codes. Instantly I started thinking about how to make your own online coupon business and the potential it.
In case you aren’t aware either coupon sites offer discount codes you can use when buying products and services online, everything from household goods to technology to flights to web hosting and. They make their money by showing you the discount code then getting you to click on their affiliate link to go over to the retailer and use it. Or in some cases when you ‘unlock’ the code a new window automatically pops up with the retailer setting the cookie in your browser. Now they still get the sale but the customer is creatnig less AND they have to give the coupon site a commission so there’s less money to be made by Amazon.
Though from the customers point of view if they are finding a discount they would consider themselves to have gotten real value from the coupon site. So as your focus with affiliate marketing should always be to offer your audience value you definitely are doing that by giving them a discount.
Super affiliate Zac Johnson refers to it as a ‘cash cow’. The thing is, much like price comparison sites, whilst the big players have a monopoly on the market there’s still lots of niche opportunities outside the obvious markets.
Most sites mainly offer coupons on technology, fashion, travel and beauty leaving a ton of untapped markets ripe for the picking so you can use for your online coupon business.
Think along the wite of hobbies, parenting, business, web hosting, wordpress themes, cooking, sports. It happens millions of times daily. The only thing better than getting some free money saving coupons, is to actually have and run one of these big coupon sites. For nearly every person that visits their site, grabs the code and clicks through to buy, they are generating a ouupon » — Zac Johnson ZacJohnson.
HOT TIP: Think of creative ways to get traffic and links and build your own community so that you’re not reliant on search traffic. Then check out NicheHacks Insider. That’s why it’s essential to always include the best deal for them even if the best deal for your customer isn’t the one that pays you the most commission.
They will repay you by using your site EVERY time they plan to shop so think long term for your online coupon business. On top of just crezting you need to provide value by giving them additional information and interaction. Allowing them to rate deals, leave comments, post their own deals, get involved with the community through forum and so on.
And an idea that has clearly resonated with hundreds of millions of people who have landed on their website. Their app for iPhone has now had millions of downloads as well, further solidifying their focus on branding». Here’s a screenshot of WPbeginner coupons Firstly you’ll have to pick your niche. There’s no point in trying to compete with the billion dollar companies who have the main markets dominated. Think of something smaller that’s in high demand and pricey enough that people look to get a promo code.
It could be web hosting, hobby related, sports and activities, web hosting or themes, food related, hotels. Then make sure you can find affiliate programs that allow you to generate discount codes. Facebook Ads targeted at niche fan pages could work well. Sharing codes on classified ad sites like Gumtree and X as well as offline classified ads. Creating a blog and engaging in a content marketing strategy of posting high quality posts relevant to your niche, interviewing and featuring major playerslinking out and sharing other bloggers content.
Like RetailMeNot you’ll want to build a community and get people interacting with the site — rating deals, leaving feedback and comments and even getting your own forum up and running.
Don’t forget to build an email list as this will help bring in repeat traffic. Send out daily deals, blog content, email exclusives, news about the niche to how much money can i make creating a oupon site people opening your mails.
You’ll have to have your affiliate agreements in place and coupon codes from the beginning — it would help if you already have ojpon with a lot of the companies you plan to work.
Take advantage of our Affiliate Hacks report. HOT TIP: Even if the discount code doesn’t net you a commission but is the best muc for your visitor display it — this creates huge value! There’s huge potential for you to get involved in one of the less competitive markets and carve out your own piece of this billion dollar pie. Pick a niche that’s not too obvious but where people regularly spend money online and the purchase price is enough to warrant seeking out promo codes.
Use copywriting if cann writing product reviews as James shows. Be creative with your traffic generation as Hiw traffic may not come instantly for your online coupon business. Go about gaining traffic, links and social shares through blogs, forums, social media in your niche. Always offer the best discount codes first even if they make you less commission or no commission at all as this will build up trust with your audience and provide real value to.
Be aggressive about building your email list from the beginning to help with repeat traffic. If you pick the right niche and efficiently drive traffic to your site this will be very lucrative as people searching for coupon codes are in buying mode meaning a high conversion rate into sales. All rights reserved. Theme by Solostream. This website uses cookies to improve your experience. Acn can opt-out if you wish. Out of these cookies, the cookies that are aa as necessary are stored on your browser as they are essential for the working of basic functionalities of the website.
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There’s debate whether coupon sites really provide any value to the retailers or not. So creatnig you can see, this is BIG business. A multi billion dollar affiliate industry. Pro’s Of Online Coupon Affiliate Sites Not heavy on content so if you don’t like writing blog posts or copy then this is a good model. Provides value to the end user in the form of discount codes so they will be happy. Endless online retailers and niches this model can be applied to. Outside of the main retailers and industries fashion, travel, technology etc there’s lots of room for niche coupon sites.
A multi-billion dollar industry so there’s a lot of room and money in the space that you crezting tap. If you can come up with creative ways to get links from popular websites you’ll rank well as most coupon sites have junk links. Con’s Of Coupon Affiliate Sites Lots of competition in the big markets so they are saturated but if you niche down it’s not a problem as there seems to be few niche coupon sites.
Very reliant on SEO traffic. Getting traffic from other sources could prove tricky as people tend to only seek out coupon codes just before purchase so building a community and being inventive with traffic generation is a. Would need to develop additional features, content and a community i. There’s not much more value xite. Your audience loves you if you save them money. Their app for iPhone has now had millions of downloads as well, further solidifying their focus on branding» — Glen Allsop, ViperChill.
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How Online Coupon Businesses Deliver Value
Once you have your website up and running, you need to find creative ways crrating market your niche site to build awareness. Pick a niche that’s not too obvious but where people regularly spend money online and the purchase price is enough to warrant seeking out promo codes. Terms Privacy Policy. A perfect example of this would be contributing to Reddit coupon threads, crewting following your favorite brands on social and updating your sites with their latest coupons and promotions. Web-based coupon companies can make money through affiliate programs and relationships with other deal distributors. To help you better understand what it takes to create a successful and profitable coupon blog, we will be walking through the process in detail. Businesses profit from working with coupon companies by boosting traffic in their stores and encouraging first-time visits. Ready to start a coupon site? What are creatinf good way of collecting coupons for my coupons site?
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