It is a fact that coupons are a great way for helping businesses boost their traffic and profits. They are also a great tool when it comes to launching a new product or service. When a business is launching a new product or service, there are two things you will want to generate quickly:
- Word of mouth advertising
This type of advertising is invaluable to any business since it’s free, and people are more likely to listen to reviews and recommendations from friends than from any other source.
myDealCompass can help you launch a new product using digital coupons. Our members will have access to your coupon, and since we use digital technology rather than paper, news of their availability will travel quickly throughout social media sites. This method of word-of-mouth advertising is quickly becoming extremely beneficial for businesses.
For an additional “oomph” for your new product launch you can have your coupon listed as a Featured Deal. The coupon will appear on our front page map with a pin highlighting your exact location. This helps your coupon stand out from all of the other coupons listed. By standing out from the rest, a featured deal is more likely to be downloaded and shared by our members.
It is simple to see that creating a digital coupon for a product launch is a smart move, and making that advertised savings a featured deal is even smarter. You can easily gain visibility, which will increase your traffic and your profits.