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Skout Deals – Discount Finder | NewsWatch Review

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AppWatch So, for some, shopping is a sport with the players seeking out the best deals and discounts, trying to save more money than they spend. Whether you consider shopping a sport or just love a good deal, check out […]

Entrepreneur Podcast Network – Interview with Bryan Payne – Founder & CEO – Skout Deals

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Bryan Payne, Founder and CEO of Skout Deals, which is a mobile location-based deal finding app joins Enterprise Radio to talk about how Skout Deals is revolutionizing how people find nearby deals. This episode of Enterprise Radio is working in conjunction with […]

New Deals-Based Marketing App Generates Buzz

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The folks at Skout Deals have officially launched a new marketing platform and accompanying app for the “ultimate deal-finding experience.” Skout Deals, we’re told, is an app and marketing platform created by deal finders, for deal finders. According to a […]

BUSINESS SHOWCASE : SKOUT DEALS

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Describe the company – the elevator pitch … Skout Deals is a location-based mobile app that helps people find nearby deals. Skout Deals is FREE to use, and all deals on the app are at least 25% OFF or MORE. […]

John & Heidi Radio Show – Sioux Falls – 93.3 FM

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Bryan Payne, Founder of Skout Deals chats it up about the Skout Deals App with John from the John & Heidi show on Sunny Radio Sioux Falls 93.3fm &1529am.

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Deals Freebies Customer LTV

Skout Deals logo

Current Marketing Spend

Select the most suitable subscription plan

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How much you currently pay for other marketing efforts, for comparison to Skout Deals.

Marketing Cost

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The regular retail price of the product which you are offering a deal

Item Retail Price

Gross margin is the difference between the revenue and the cost of goods sold.

For example: a coffee shop selling coffee at $1.50, with the cost of goods sold at $0.50 (cost of cup, coffee, milk and sugar being $0.50), the gross margin would be 67% [($1.50 - $0.50) / $1.50].

For merchants offering professional services such as a hair salon, lawyers’ office etc. where labor is a direct cost, they include the cost of the labor and any products that they may use. Important to note, overhead costs are not to be included in gross margin.

Gross Margin %

Percentage discount offered on the item or service retail price.

Discount Offered %

Additional incremental purchases that an average customer would make while coming to the store to redeem or buy the deal.

For example, a customer may have a coupon for 50% off a coffee, and then also purchase a muffin for $3. This is referred to the “Halo Effect”.

Additional Purchase Value

Total new incremental purchases required too pay for the marketing expense.

Monthly new purchases to breakeven

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0

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Skout Deals logo
Select the most suitable subscription plan

Select Plan

Skout Deals Plan Price

Plan Price

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The regular retail price of the item you are offering for free.

Freebie Item Retail Amount

Gross margin is the difference between the revenue and the cost of goods sold.

For example: a coffee shop selling coffee at $1.50, with the cost of goods sold at $0.50 (cost of cup, coffee, milk and sugar being $0.50), the gross margin would be 67% [($1.50 - $0.50) / $1.50].

For merchants offering professional services such as a hair salon, lawyers’ office etc. where labor is a direct cost, they include the cost of the labor and any products that they may use. Important to note, overhead costs are not to be included in gross margin.

Gross Margin %

Additional incremental purchases that an average customer would make while coming to the store to redeem or buy the deal.

For example, a customer may have a coupon for 50% off a coffee, and then also purchase a muffin for $3. This is referred to the “Halo Effect”.

Additional Purchase Value

Total new incremental purchases required too pay for the marketing expense

Monthly new purchases to breakeven

0

Reset

 

Skout Deals logo

Current Marketing Spend

Select the most suitable subscription plan

Select Plan

How much you currently pay for other marketing efforts, for comparison to Skout Deals.

Plan Price

0

Average amount spent by a customer in a single visit to merchant location.

Average purchase amount ($)

Gross margin is the difference between the revenue and the cost of goods sold.

For example: a coffee shop selling coffee at $1.50, with the cost of goods sold at $0.50 (cost of cup, coffee, milk and sugar being $0.50), the gross margin would be 67% [($1.50 - $0.50) / $1.50].

For merchants offering professional services such as a hair salon, lawyers’ office etc. where labor is a direct cost, they include the cost of the labor and any products that they may use. Important to note, overhead costs are not to be included in gross margin.

Gross Margin %

Estimated number of new customers expected to visit the merchant location in the month due to this promotional campaign.

New Customers generated per month

Average number of visits that a customer makes at merchant location in a year.

Number of customer purchases per year

Average number of years that a customer remains a customer.

Number of years a customer lasts

Total revenue generated by a new customer over the lifetime of their purchasing from the merchant.

Revenue over lifetime of a customer

The return on the investment of marketing dollars spent in acquiring that single customer.

Return on investment over customer life

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