A Group-Buying Site for Small Businesses
GroupPrice.com makes it easy to get deals on services, supplies and software to help your company grow.
Consumers aren’t the only ones who can take advantage of group-buying sites to get deals. Small businesses can now leverage the power of the group to get discounts with a new site called GroupPrice.com.
This first-of-its-kind Groupon for business offers discounts of up to 65% on software, services and supplies. Business owners and employees can sign up for free to receive deal alerts by e-mail, Facebook or Twitter. And they can get discounts for sharing deals if their friends sign up on the site and buy an item.
Unlike Groupon, though, GroupPrice.com doesn’t require a certain number of people to agree to "buy" the deal in order to actually get it. And the deals don’t expire within a day.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
GroupPrice.com launches one deal a day Monday through Thursday, and each deal runs through the balance of the week to give small business owners time to make decisions about purchases, says founder and CEO Van Jepson. GroupPrice.com is able to get a volume discount on products and services because it’s offering them to thousands of potential customers. So the deals are available regardless of whether one business or 100 actually makes a purchase through the site.
Jepson says he created the site, which launched January 2011, because small businesses don’t have the leverage big businesses have to get discounts and were paying too much for supplies and services. "GroupPrice allows them to grow revenue while cutting costs," he says.
Most of the GroupPrice.com deals are for products and services that help owners grow their businesses online, such as search engine optimization, graphic design consultation and marketing assistance. Jepson says that GroupPrice.com vets every deal before posting it.
-
Stocks Chop as the Unemployment Rate Jumps: Stock Market TodayNovember job growth was stronger than expected, but sharp losses in October and a rising unemployment rate are worrying market participants.
-
Should You Renew Your CD?With rate cuts impacting earnings, we examine if now is a wise time to renew CDs.
-
7 Ways to Plan Now to Save on Medicare IRMAA Surcharges LaterUnderstand the critical two-year lookback period and why aggressive planning before you enroll in Medicare is the most effective way to minimize IRMAA.
-
Retailer Data Breaches in 2018: Was Your Favorite Store Hacked?Scams Find out which retail chains have been hit and where you can go for help to protect yourself from identity theft, scams and financial fraud.
-
5 Keys to Keeping Your Data SecureTechnology Protect yourself from would-be identity thieves.
-
Make Money From Your Social-Media Postsbusiness With a few simple tricks you can get paid to selfie.
-
Beware Scams in Your Google Alerts
Scams Bogus links can find their way into the Web search results that Google delivers to your inbox.
-
Understanding Promotions by Wireless CarriersTechnology You could save a chunk of cash by switching plans, but make sure you understand all of the details by reading the fine print and asking questions.
-
How to Make the Most of Your Airline Miles
Business Travel With some carriers, it's not how far you fly, it's how much you spend that counts.
-
How to Block Telemarketing Calls and Text Messages
Technology These services and apps shut down nuisance calls and texts to your home and mobile phones.
-
Don't Fall for This LinkedIn Mystery Shopper Job Scam
Scams Avoid getting conned on the networking site. Plus: Learn how to earn extra cash as a legitimate mystery shopper.
