Discount Code Sharing Business Success Stories [2024]
Want to tap into the lucrative world of digital savings without the hassle of inventory or extensive setup? Consider a discount code sharing business. This concept is straightforward yet impactful: create a platform where users can find and share discount codes for a variety of products and services.
Setting up involves building a user-friendly website or app that aggregates and categorizes discount codes. You'll generate interest by partnering with brands and leveraging social media to attract users who love to save money. The real work lies in continuously updating the codes, ensuring they are valid, and maintaining partnerships with brands.
If you’re looking for a business idea with a low initial investment but high engagement potential, discount code sharing might be the way to go. With the growing demand for affordability and smart shopping, your platform could become a go-to resource for savvy shoppers.
In this list, you'll find real-world discount code sharing business success stories and very profitable examples of starting a discount code sharing business that makes money.
1. Penny Canny ($36K/year)
Uzair Farooq, an accomplished developer, was inspired to start PennyCanny after working on a major coupon website. Leveraging his expertise and a financial boost from the 2021 cryptocurrency boom, his platform now generates $3,000 monthly profit.
How much money it makes: $36K/year
How much did it cost to start: $5K
How many people on the team: 11
PennyCanny is a coupon website founded by Uzair Farooq in 2021 that offers customers free coupons for popular stores like Wayfair, JCPenny, and DoorDash, generating a monthly profit of $3,000 and aiming to expand its coverage to multiple regions and complete a browser extension in the future.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
