Press Releases

BEST BUY ADDS SKOUT DEALS’ MOBILE APP TO THE BEST BUY APP GALLERY

Austin, TX – Skout Deals, a location-based deal finding mobile application that helps consumers find nearby deals, revolutionizing how people search for and locate deals from local merchants, this week announced they have excitingly been added to Best Buy’s exclusive […]

SKOUT DEALS LAUNCHES FREE ADVERTISING PLATFORM TO LOCAL MERCHANTS

Austin, TX – Skout Deals, a new, full-service mobile application and web-based platform designed to provide individuals with immediate access to all local product and service deals and discounts, this week officially rolled out their free advertising platform available to […]

SKOUT DEALS: A DEALS-BASED MARKETING APP THAT MAKES DISCOUNTED SHOPPING A WHOLE LOT EASIER

Skout Deals, an app and marketing platform created by deal finders, for deal finders, this week officially announced the launch of their full-service, interactive geo-based app for helping everyday individuals and merchants connect with one another locally though product discounts […]

SKOUT DEALS LAUNCHES WITH REVOLUTIONARY LOCATION-BASED DEAL FINDING APP

AUSTIN, TX – OCTOBER 19, 2016—Discounts and coupons are big business today. More and more people are using discounts and coupons to make ends meet, and some have turned coupon clipping into a past time. Couponing as an “extreme sport” […]

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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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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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