What percentage does Groupon get?

What percentage does Groupon get?

50\%
This point bears repeating: Groupon takes its 50\% cut of every single deal sold—not just one—no matter how many you sell. For example, let’s say you normally charge $100 for a private horseback riding lesson. At 50\% off your normal rate, you’d be offering your lessons for $50 each to Groupon buyers.

Does Groupon charge a fee?

As a part of your Merchant Agreement, all deals sold on Groupon Goods Marketplace are automatically subject to a fee. This fee is collected in the form of a category-specific commission rate, based on a deal’s listed price + shipping fee, and is withheld at the time of merchant payment.

How do merchants get paid on Groupon?

The company has traditionally used two different payment models. In the United States and Canada, merchants have been paid in three installments: 1/3 five days after a deal closes, 1/3 30 days after, and the balance 60 days later. In the rest of the world, merchants are paid when vouchers are redeemed.

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How do I sell my Groupon voucher?

Selling

  1. Click on “Sell Your Coupon Now” to get started.
  2. Choose your reseller option: “Easy” (payment via PayPal, which deducts a 3\% fee before you get your cash) or “Free” (payment determined between you and the buyer).
  3. Upload the PDF of your deal.
  4. Wait for interested buyers to email you.

What is member pricing on Groupon?

$4.99 per month
For just $4.99 per month, Groupon Select members receive discounts across Groupon, including local services, experiences, travel and goods (plus free shipping)––with discounts automatically applied at checkout (no promo codes to enter) and no savings caps or order minimums.

How do I redeem a Groupon voucher as a merchant?

Manually redeem, by typing the voucher’s security code into Merchant Center (click “Redeem” at the top of the page and type the code into the resulting text field) Redeem vouchers individually or multiple vouchers at once.

How much does it cost to advertise with Groupon?

Groupon doesn’t charge upfront fees to advertise these deals; instead, they collect 50\% of each sale. To create a deal on Groupon, simply choose your deal category, determine the discount, and add offer details.

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What is Groupon Commission?

Groupon takes 50\% of the sales revenue as its service fee. The deal will generate $1,500 in revenue from 30 new customers, and of that amount $750 goes to the salon and $750 goes to Groupon. Once a deal is advertised, consumers who purchased the Groupon receive it regardless of how many were purchased.

Can you sell a Groupon back?

That depends. DealsGoRound, for example, takes a 10 percent cut of whatever price you set for your coupon–but there’s no listing fee. But it turned out there was no way my wife and I would be able to use the voucher before it expired in March–so I listed it on DealsGoRound.

How much does Groupon charge?

After Groupon’s 50\% cut, you only get $25 for something you normally would charge $100 for. Depending on what your markup is, it better be more than 400\% otherwise you could potentially lose money on every transaction! What’s attractive about Groupon is that they run the campaign for you and simply send you a check.

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How does Groupon pay merchants?

The word “Groupon” is a combination of the words group and coupon. The company partners with merchants by hosting a discount deal and keeping at least 50\% of the profit as a marketing fee. Unlike a standard coupon, a Groupon lets consumers pay the discounted price for goods in advance by purchasing the deal.

What percentage does Groupon take?

Groupon originally wanted 100 percent of the money (what it usually takes when consumers pay less than $10 on a deal), but relented, revising their percentage cut of the deal price to 50 percent.