How do deals websites make money

Also, many coupon and savings apps, such as Ibotta, Ebates, and Swagbucks, offer referral payments, making them ideal resources to recommend to your readers. The trick is to have good traffic to your website and a sizable email list so you can ensure the business will have results.

Develop an online marketing plan to reach your target market. Use social media, such as Facebook, Twitter, and Instagram to share your deals. People like to save money, and they use the Internet to help them find the best deals. You can be a valuable resource for this market by creating an easy to use coupon or deal-of-the-day website. Actively scan device characteristics for identification. Use precise geolocation data. Select personalised content.

Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights.

Measure content performance. Develop and improve products. So how exactly are sites like Coupons. And people love them. Gone are the days of shoppers collecting stacks of weekly flyers and clipping coupons.

Now shoppers log onto one of the many sites available to quickly find what they need. For example, you can consider:. The great thing about these sites is they cover a wide range of products and services.

An emergent extension of coupon sites are sites that also offer browser extensions as another way to make money. These sites advertise the extension and try to get installs to generate additional revenue. Two great examples here are Honey and Wikibuy.

Once shoppers download the extension, they browse stores like Walmart, Home Depot and Best Buy and add items to their cart the way they normally would. At checkout, Honey searches the web for coupon codes and automatically applies the best code to the purchase. When they find the camera they want, they add it to their cart.

Keep in mind that Honey offers more than just coupons. The browser extension also looks for promo codes and deals. The whole point of the extension is to find offers that save the shopper the most money. When shoppers apply a coupon or promo code to their purchase or earn Honey Gold points, Honey gets a small commission from the retail. So in our example above, Honey would have received a commission from Target when the shopper applied the coupon and bought the camera.

The better Honey is at finding deals online, the higher its earning potential. If Honey can consistently find the best deals for shoppers, the revenue potential is enormous. Wikibuy is an iPhone and Chrome extension that works with Amazon. For shoppers who rely on Amazon to make their purchases, Wikibuy compares products from stores like Walmart and Target to find an exact match. If the products are lower at these stores, the savings are automatically applied to the Amazon purchase.

If shoppers like the offer, they apply the code Wikibuy provides at checkout and save on their purchase. The extension is the whole product, so to get shoppers to take action, the deals Wikibuy finds are time sensitive. Just like with Honey, Wikibuy gets a small commission every time a shopper makes a purchase using the coupon offers Wikibuy finds.

Their retail partners pay this commission. The browser extensions take the hassle out of savings for shoppers and help the platforms make a tidy profit at the same time. Take, for example, the case of the Royal Canadian Mint.

You get money back on purchases and you can save the collectibles and consider selling them later. You can buy and flip items found on deal sites or earn money by playing games, answering surveys, or shopping through the deal site portals. Groupon and related websites The big money-maker with Groupon and related websites is its affiliate program.

Swagbucks and related websites Swagbucks is a different kind of deal website. Credit Cards Ellen Roseman: Loyalty programs now come with hassle, hidden fees and devaluation risk.