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

Best Buy announces the addition of Skout Deals mobile app to their exclusive 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 Best Buy App Gallery.

Selective about whom they permit into their App Gallery, Best Buy selected Skout Deals for their API access to the entire Best Buy product database. By incorporating their API, Skout Deals users will automatically see any discounts of 25% or more at more than 1,300 Best Buy locations across the United States.

“Our priority with the Skout Deals app is to make connecting consumers and local merchants as seamless and inexpensive as possible for both parties,” said Bryan Payne, Founder and CEO of Skout Deals. “A major national corporate entity like Best Buy creates incredible value for the users of our Skout Deals app, keeping all app users in the loop with significant deals and savings at over at over 1300 Best Buy locations.”

Deals listed on participating Best Buy store locations are immediately imported into the Skout Deals app and listed for use. Consumers are free to search for all deals near them, or for a specific item, right from the Skout Deals app. If Best Buy is offering that item at a 25% off of more discount, it will instantly appear in the Skout Deals app when a user is searching for that specific item or just browsing.

Additionally, shoppers can set up notifications within the app to let them know when their local Best Buy store offers a significant discount on an item they are looking for.

“We are incredibly excited for the year ahead collaborating with Best Buys across the country, and look forward to revolutionizing consumerism as we know it with our location-based deal finding app,” said Payne.

For more information, visit: https://www.skoutdeals.com

About Skout Deals
Skout Deals is a location-based deal finding app that helps consumers find nearby deals, revolutionizing how people find deals from local merchants. The app consolidates all nearby deals, eliminating the need for consumers to hunt through multiple apps, website, emails, newspapers, flier inserts, and direct mail to find that great deal. Created by deal finders, everything on the app is 25% off or more, and includes features built into the app that minimize effort to find the best deals. The app has over 170,000 merchant locations and 50,000 plus deals available, updated daily direct from over 200 participating national merchants such as Walmart, Best Buy and Target.
For more information visit: https://skoutdeals.com
Media Contact: Bryan Payne bpayne@skoutdeals.com
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2 Active Deals
Social Sharing
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Single Location
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No Credit Card Required
 
PREMIUM
$33.95 per location /month
Save $60 with annual payment
BASIC Features included+
5 Active Deals
More Deal Types: Flash, Daily,
Limited Quantity, Birthday
Auto Deal Approval
Deal Analytics:
Impressions, Opens, Redemptions
Multi-Location Management
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Save $144 with annual payment
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More Deal Types: Customer Targeted Exclusives
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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].

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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

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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.

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