Cost to develop a daily deals app like Groupon
Providing discounts to users by merchants or companies is not a new thing to the user or customers.
Coupons, discounts, limited time offers, and last-minute deals are the most cherished or prominent promotion tools used in the offline and e-commerce sector. Every time a company places offer customers and merchants, both benefited.
While I am writing this information for you people, most of the users are using various e-commerce websites to buy a product or already placed a product.
Cutoffs and discounts are helpful for both. Third parties and mediators are making most of the profits using these promotion tools for themselves.
Groupon is the one among them, which gained so much popularity within no time. As Groupon, other daily deals apps are also making huge profits.
Groupon itself generated revenue of over 3 Billion.
Even after so many years, daily deal apps are still trending in the market because of its capability.
Still, many enterprises/business people/entrepreneurs are making their way into the daily deal apps.
If you are one of them, it’s a great decision to take, but the challenge is how?
You can find many ways to clone or develop an app like Groupon or any other daily deal app.
However, choosing the right, budget-friendly, superiority, and affordable is the key.
If you are choosing for such type of Development Company, you are in the right place.
I am going to give you in detail process, such as how to create a Groupon app/website? How long do Groupons take to process? How much is Groupon cost to develop?
Now, let us start with the introduction of the Groupon app.
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What is Groupon service?
It is a group buying service/site that offers its customers to buy coupons for goods and services. In return, it gives you around 70% discount to the customers. It acts as a mediator between the customer and merchant and helps the store owners/merchants to promote their business.
Groupon daily deals platform is trendy, famous, and most utilized by the customers, and it provides excellent cuts for spas, restaurants, theatres, retail stores, and much more.
Groupon is an excellent e-marketplace that creates valuable customers for its merchant’s partners.
The Groupon app provides a discount to purchase various goods and services.
Groupon founded 2008 by Brad Keywell, Andrew Mason, and Eric Lefkofsky, headquartered in the USA.
Advantages of Groupon like the app:
It attracts consumers and customers.
It helps the merchants to promote their brand and products.
It helps to develop a correlation between consumer and seller.
Increase in sales and revenue for the merchant.
Deals available at fingertips with a single click.
These are the common question that will comes to your mind when you are planning to develop a daily deals app.
Why is the Groupon app so popular?
Yes, of course.
It is because of multiple reasons.
Discounts are an essential reason for its reputation.
Groupon primarily targets the youth because they are ready to buy products or services, which comes with an exciting offer.
Are the goods are of quality or not?
It’s the human mentality to get a doubt before they purchase something at a lesser price.
Yes, of course. Groupon provides quality products to its customers from the chosen sources/stores/merchants.
It helps the customers to save some money even though they purchase quality products.
Does Groupon cost anything?
No, Groupon will not charge anything from the customers to provide services, they will charge for the merchants for giving potential customers.
Groupon platform available in:
- Groupon app for windows phone.
- Groupon app for iPad.
- Groupon apple TV.
- Groupon iWatch.
- Daily deal apps:
If you observe the market, you can find a lot of daily deals providing apps, but among all Groupon is standing out.
Here I am providing you with the various daily deals platforms, by which you can conclude before you approach mobile app Development Company.
Let us have a guise at the other apps like Groupon.
- Luxury Escapes.
Types of daily deals mobile apps/websites:
Initially, the daily deals of mobile apps/sites limited to local businesses. However, the scenario has changed.
Now daily deals apps are a no more local business.
Before you develop a daily deal mobile app, you must consider various types you can explore.
Hot daily deals platforms:
- Flash sales.
- Luxury brands.
You can start a daily deals app in whichever sector or industry you are most interested.
Features of the daily deals mobile app Gurogon:
It is an essential feature and principal function of every mobile app.
If you are an existing user, you can log in directly, or else the user can register with the help of phone number/social network/email accounts.
Always provide a user-friendly interface for the users.
- View deals:
This feature helps the users to view various deals associated with beauty, dining, grocery, clothing, electronics, and many more.
Admin avails all the deals details every day.
- Inviting friends:
It helps in promoting your Groupon like website/mobile app.
By this feature, users can suggest their friends for using the app as well for using the various offers and deals of multiple sections so to explore a broad set of shopping possibilities.
- My favorites:
In this slot, a user can store all deals of the various divisions. The user can avail of those deals afterward also but before the contract expires.
- Apply coupon:
Users can utilize their available coupons while shopping. As per the user’s convenience, they can redeem their coupons codes.
- Browse store & category wise offers:
In this section, a user can customize their choices. A user can select a distinct store after that they can interpret all offers of the store in a convenient fashion.
- Merchant panel:
A merchant also needs to register with the panel to offer his services.
A merchant can follow the same login process as a user.
- Add & manage deals:
After the login process, the store owners and merchants can attach the deals to a particular sector.
The merchants and store owners are also liable for handling the deals.
- Status tracking:
Apart from the offers and deals, the store owner or storekeeper manages their status too. Apart from that, they can also monitor the number of users availed of the deals.
- Manage orders:
Merchant manages all the orders placed by the users. He also verifies the deals which are utilized by the users to keep a dot for further confusion.
- Mailing system:
The merchants and dealers can contact their users with the help of the mailing system for furnishing information about various deals, benefits, and offers.
- Coupon redemption:
This feature is most vital for merchant panel when you are planning to develop apps similar to Groupon.
This feature allows the merchants to handle the coupons that are reclaimed by the users.
Apart from managing, this feature provides transparency in billing and shopping.
- Admin panel:
- Manage deals:
Admin is responsible for managing the user and merchants of coupon apps like Groupon.
Also, the admin will have full control over the deals and offers introduced by the merchants, along with the ending and starting date.
- Coupons management:
It is the crucial feature you need to include in your admin panel when you are developing an app for daily deals.
This feature will look after the complete coupon related details like coupon code, the store which offered the code, and category it belongs.
- Management of categories & sub-categories:
Admin will monitor and manage the categories & sub-categories deals of each purchase made by the users.
- Management of merchants:
Store owners & merchants united by the app along with the products and addresses they are trading are manageable by the admin.
- Content management:
The admin is capable of managing all the content-related information such as policies, buying guides, FAQ’s, and about us.
- Share deals:
Admin will look after the sharing of information over the social networking sites, which increase the app popularity and visibility.
- Advanced features:
The features which we discussed as of now are basic ones that are mandatory for every daily deals app like Groupon.
Advanced features can be added advantage for your app. If you want to expand your services on the international platform, advanced features will help your app a lot.
- Real-time analytics.
- Price comparison.
- Gift cards.
- Payment gateway.
- Social media integration.
- Navigation and tracking.
- Push notifications.
- Cloud environment.
- Multi-currency support.
- Revenue generation model of Groupon:
Now, it’s time to have a look after the revenue generation model.
Every business or startup invests that much money to generate revenue not to for time pass.
Their focus is on money and profits.
I think you are also looking to make money from your app. If so, you can make use of these business models in your app.
Business or revenue models of the Groupon app:
Up-sales & cross-sales.
How to develop a daily deal mobile app like Groupon:
These are the simple steps you need to follow while developing your daily deals mobile app like Groupon.
- Generate Idea.
It includes business analysis, specifications, and design prototypes.
User interface and user experience designing.
Front-end & back-end development.
- Maintenance & support.
- Tech stack for the daily deals app:
Real-time analytics: Cisco, Hadoop, IBM, Spark, Apache Flink, and BigData.
Push Notifications: Twilio, Bandwidth.
SMS, voice, and phone authentication: Nexmo.
Payments: PayPal and Braintree.
Database: Cassandra, MongoDB, Mail Chimp Integration, HBase, and Postgress.
Cloud Environment: AWS.
Operating System: Debian.
Data management: Datastax.
How much it cost to develop a Groupon like apps?
The cost of an app is the first thing that comes to mind after meeting mobile app Development Company.
Now it’s time to know how much does Groupon cost to build.
The cost hangs on the various factors that we are going to discuss right now.
- App platform:
The most rummage-sale platforms in the world are Android & IOS. The cost of app development impacts by the platform you choose.
As no of platforms rises, the cost of the app development also increases, vice versa.
The number of platforms entirely depends on the app developing enterprise, whether to build for single or multiple platforms.
- App complexity:
The app complexity levels you cherry-pick also define the cost of your Groupon mobile application.
Mobile apps are categorized based on their complexity levels, such as simple, medium, and high-end.
The basic version of a mobile app Groupon costs you very less compared to the other two (medium and high-end).
- App development team:
Among all the factors, this factor defines your app cost as well as your app development.
The team required for the Groupon app development:
- Project Manager.
- Requirement analyst.
- Web developers.
- QA engineers.
- Android app developers
- IOS app developers
- UI/UX designers.
You can select or hire a Groupon developer’s team based on your budget & requirements. You can elect a startup or mid-level company or a multinational company.
If you go for a startup company, the charges will be low, whereas if you choose an MNC, then the costs will be higher.
App development team selection depends on the individual or the enterprise who is planning to create a Groupon app.
Don’t be in an urgency while choosing your mobile app Development Company or team.
- Developers team location:
Apart from the development company you choose, the app developers’ site also influences your app cost, which is similar to Groupon.
The cost of a developer differs from region to region and country to country.
General charges of mobile app developers based on the country:
Developers in India: $10-80/hour
Developers in Eastern Europe: $30-150/hour
Developers in the UK cost: $60-70/hour.
Developers in Australia cost: $100-110/hour.
Developers in North America cost: $150-170/hour.
The cost of a mobile app calculated as:
It is well to opt for the mobile app development team from India or Eastern Europe countries for the user-friendly budget.
So, seeing all the factors, it is going to cost you around $20,000-$30,000 for a single platform (Groupon app for android). Again, if you want to add another one Groupon app iPhone, it cost you more $25,000.
It is an approximate price to built a daily deals app like Groupon.
The cost of your app diversifies according to your ideas and characteristics.
- Final words:
I hope you are pleased with the information provided by us about the daily deals app like Groupon.
If you are not happy, don’t vacillate to contact us.
We have a great squad of experienced professionals who are capable of unblocking all your dilemmas concerning about your app development.
Please reach us to unlock your doubts.
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