Local Deals Website Success Stories [2024]
Imagine a platform where local businesses can showcase exclusive deals and customers can find unbeatable bargains, all in one place. Welcome to the concept of a local deals website.
This business idea revolves around creating a dedicated online space that connects local consumers with special offers from nearby shops, restaurants, and service providers. By curating unique deals and promotions, you enable local enterprises to boost foot traffic while offering customers an avenue to discover savings on everyday purchases.
Starting this venture involves designing an easy-to-use website, establishing partnerships with local businesses, and implementing a marketing strategy to drive traffic. It's an appealing opportunity for those who thrive on community engagement and have a knack for digital marketing.
Success hinges on fostering strong relationships with local vendors and continuously updating deals to keep users coming back. If you're passionate about supporting local economies and enjoy connecting people with value, this could be the ideal business for you.
In this list, you'll find real-world local deals website success stories and very profitable examples of starting a local deals website that makes money.
1. ElectricityRates.com ($4.2M/year)
Rob Rex, the founder of Power Target, came up with the idea for his business after noticing the rising popularity of online aggregator platforms and the emergence of energy deregulation laws. Seeing an opportunity to apply the successful performance marketing framework to the energy industry, Rob founded Power Target and launched their online energy comparison site, ElectricityRates.com. The platform's core principles included being fast, simple, trustworthy, and user-friendly, and through constant testing and optimization, Power Target has achieved steady growth and attracted and retained customers through channels such as paid search, content and SEO, email marketing, and social media.
How much money it makes: $4.2M/year
How much did it cost to start: $15K
How many people on the team: 4
Power Target LLC, with an average growth rate of 20%, is a successful energy company that developed an online energy comparison marketplace called ElectricityRates.com, which has an excellent, 4.6-star rating on Trustpilot with over 1000 reviews, and allows users to compare competitive energy offers from providers and enroll through their fast, simple, and secure process.
2. EMUCoupon ($360K/year)
power of persistence and adaptation. Starting a business is not easy, and there will be challenges, setbacks, and unexpected obstacles along the way. However, by staying persistent, constantly learning and evolving, and being open to new ideas and opportunities, you can overcome these hurdles and find success.
How much money it makes: $360K/year
How much did it cost to start: $8K
How many people on the team: 13
Discover how EMUCoupon achieved a 16% annual growth rate by targeting the untapped Australian market for online discounts, growing to a team of 21, and now attracting 20% of their traffic internationally—a must-read for aspiring founders keen on market gaps and global expansion.
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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.