Discount Coupons - Worth The Time And Money?

[ExpatOilWorker]

I just had a look at some discount coupon sites (thaicitydeals.com, ensogo.com/thailand and tiktokthai) and was wondering if there is any real value in using these sites.

Are they just "fake" discounts on inflated list prices, similar to hotels walk-in rate, while (almost) everybody ends up paying a much lower price?

Are +++ VAT, Service, TAX added to the final bill and/or have to be paid in cash on top of the coupon voucher?

Any advise is welcome.

[MiG16]

have used ensogo

and seems quite alright in terms of the price

cant remember how the ++ works. will get back to you

[davejonesbkk]

Id be interested to know about this too, I have been quite skeptical about them so far...

[MiG16]

ok, here is how it works

it all depends on what kind of deal/voucher you buy

eg. if its a hotel room night, then the discount applies to normal room rate. if usually there are vat and service charge on top, then the same thing continues

if its a restaurant deal - the same. if restuarant usually has vat and service, those would stay

however, for eg. if you byu a spa voucher (which usually do NOT have ++) then you dont pay anymore

it works in similar way to the discount you get through credit cards. ie. if the establishment usuallly has a ++, then those stay.

still have worked out to be a decent deals at the ones I purchased

[bkkjames]

ok, here is how it works

it all depends on what kind of deal/voucher you buy

eg. if its a hotel room night, then the discount applies to normal room rate. if usually there are vat and service charge on top, then the same thing continues

if its a restaurant deal - the same. if restuarant usually has vat and service, those would stay

however, for eg. if you byu a spa voucher (which usually do NOT have ++) then you dont pay anymore

it works in similar way to the discount you get through credit cards. ie. if the establishment usuallly has a ++, then those stay.

still have worked out to be a decent deals at the ones I purchased

on the one's i bought the tax / service charge was included - no extras to pay.

[newsite12]

The daily deals revolution has really kicked in all over the world.

It was started by groupon.com in Chicago 2 years ago and it has been named the fastest growing company in the world. It is growing in strngth and popularity faster than facebook ever did.

After its first 12 months it went from a small start up to a $1.35 billion USD valued company.

Back in November 2010 it was approached by Google Inc with a buyout offer of $5.3 Billion USD which they rejected.

The Groupon style website has spread around the world at a phenomenal pace. There are now thousands of them with the majority making a lot of money, as it is such an easy setup and low start up cost business, with businesses queuing up to get their deals on the sites.

The first one to start in Thailand was ensogo.com which sold its first deals in June last year, in its first 4 months it made such an impact that it was granted $2 million USD from Yahoo who it now is in association with. In the wake of this, there has been quite an increase in activity as everyone jumps on the band wagon. Most seem to be doing well.

It has been estimated that market penetration has still only hit 10 to 15% and there is a lot more out there as people are still just waking up to this, users and businesses together.

I actually build these websites myself, and business is doing very well at the moment. I get a lot of demand for an ensogo/groupon website. I sell many websites, but this one is what is 'flying off the shelves' at the moment.

If anyone is interested in a low outlay hugely popular web format... this link will give you more of an idea

http://classifieds.thaivisa.com/business/business-for-sale/ensogo-style-groupon-website-87141.html

call it a shameful plug, i know, but at the same time, informative, on topic and definitely a good opportunity for any of the forum members who want to get into business here easily and make a very good standard of living.

[bkkjames]

The daily deals revolution has really kicked in all over the world.

It was started by groupon.com in Chicago 2 years ago and it has been named the fastest growing company in the world. It is growing in strngth and popularity faster than facebook ever did.

After its first 12 months it went from a small start up to a $1.35 billion USD valued company.

Back in November 2010 it was approached by Google Inc with a buyout offer of $5.3 Billion USD which they rejected.

The Groupon style website has spread around the world at a phenomenal pace. There are now thousands of them with the majority making a lot of money, as it is such an easy setup and low start up cost business, with businesses queuing up to get their deals on the sites.

The first one to start in Thailand was ensogo.com which sold its first deals in June last year, in its first 4 months it made such an impact that it was granted $2 million USD from Yahoo who it now is in association with. In the wake of this, there has been quite an increase in activity as everyone jumps on the band wagon. Most seem to be doing well.

It has been estimated that market penetration has still only hit 10 to 15% and there is a lot more out there as people are still just waking up to this, users and businesses together.

I actually build these websites myself, and business is doing very well at the moment. I get a lot of demand for an ensogo/groupon website. I sell many websites, but this one is what is 'flying off the shelves' at the moment.

If anyone is interested in a low outlay hugely popular web format... this link will give you more of an idea

http://classifieds.t...site-87141.html

call it a shameful plug, i know, but at the same time, informative, on topic and definitely a good opportunity for any of the forum members who want to get into business here easily and make a very good standard of living.

Last count I saw there were over 20 of these sites in Thailand. I wonder how many are doing as well as you say?

[newsite12]

I would assume that there were the majority doing well, because of minimal costs to run it, and it relies heavily on viral marketing which is free and pretty rampant. But also because this is a win win win situation. businesses get to sell of lots of slots at a time with a large payout, the website owner wins because they are on anything between 15% and 40% of the take (ensogo being on 40%), and the user because they get anything from 50% off to 80% off.

The reason this is doing so well is that it is rewvolving around the 'lifestyle' businesses such as spas, leisure activities, restaurants, bars etc etc... If a person living in Bangkok so wishes to live their social life around the discount coupon sites, it technically gives an elevation in their lifestyle. Where before these sites came along, a certain individual may have only been able to afford a basic standard lifestyle, but by using this concept buying, they can now enjoy at least double the standard or double the amount.

The next step are deal aggregation sites, which i am currently working on, which parses all the daily deals from all the deal sites and places them onto a single 'all in one place' website.

[bkkjames]

I would assume that there were the majority doing well, because of minimal costs to run it, and it relies heavily on viral marketing which is free and pretty rampant. But also because this is a win win win situation. businesses get to sell of lots of slots at a time with a large payout, the website owner wins because they are on anything between 15% and 40% of the take (ensogo being on 40%), and the user because they get anything from 50% off to 80% off.

The reason this is doing so well is that it is rewvolving around the 'lifestyle' businesses such as spas, leisure activities, restaurants, bars etc etc... If a person living in Bangkok so wishes to live their social life around the discount coupon sites, it technically gives an elevation in their lifestyle. Where before these sites came along, a certain individual may have only been able to afford a basic standard lifestyle, but by using this concept buying, they can now enjoy at least double the standard or double the amount.

The next step are deal aggregation sites, which i am currently working on, which parses all the daily deals from all the deal sites and places them onto a single 'all in one place' website.

Interesting - would be more interesting to hear from our sponsors on TV, tiktokthai and bonbondeals on this subject and the margins you mention/ costs. One might think there would be a little more back-end required, sales teams, office / business set-up and so on?

[robblok]

I would assume that there were the majority doing well, because of minimal costs to run it, and it relies heavily on viral marketing which is free and pretty rampant. But also because this is a win win win situation. businesses get to sell of lots of slots at a time with a large payout, the website owner wins because they are on anything between 15% and 40% of the take (ensogo being on 40%), and the user because they get anything from 50% off to 80% off.

The reason this is doing so well is that it is rewvolving around the 'lifestyle' businesses such as spas, leisure activities, restaurants, bars etc etc... If a person living in Bangkok so wishes to live their social life around the discount coupon sites, it technically gives an elevation in their lifestyle. Where before these sites came along, a certain individual may have only been able to afford a basic standard lifestyle, but by using this concept buying, they can now enjoy at least double the standard or double the amount.

The next step are deal aggregation sites, which i am currently working on, which parses all the daily deals from all the deal sites and places them onto a single 'all in one place' website.

Let me calculate something costs 10.000 user gets 50% off that leaves 5000 for the seller. Then the website gets 40% of that that leaves 3000 for the seller. This could only be good if they get loads and loads of clients.

[newsite12]

Really only need one dedicated salesperson, can be done through telesales, most businesses are interested as soon as you tell them you can sell off possibly thousands of slots in a week that they can issue in over the following 3 months redemption period. Many of these websites are actually run from a home office with one or two people.

The website script does most of the work, as most things are automated, and the business has their own admin panel for validating coupon codes and voiding them after use.

The existing website owners would probably go and tell you to mind your own business, especially if they are doing well, but if you want to take an average margin of 20% as a guide and go and look at a few of these websites 'past deals' and sit with a calculator, then you will see roughly how well they are doing.

Or better still is what i do.. i work it out at 5%, 10%, 15% and so on, to get a scaled view.

I know these guys are using facebook PPC to advertise and i know they only pay between $0.01 and $0.02 a click.. That gets a few thousand on the site a day, then the referral system and the viral marketing kicks in and the users will go off and spread 'their' referral link around facebook etc so that they can earn referral points and essentially get stuff for free.

[newsite12]

I would assume that there were the majority doing well, because of minimal costs to run it, and it relies heavily on viral marketing which is free and pretty rampant. But also because this is a win win win situation. businesses get to sell of lots of slots at a time with a large payout, the website owner wins because they are on anything between 15% and 40% of the take (ensogo being on 40%), and the user because they get anything from 50% off to 80% off.

The reason this is doing so well is that it is rewvolving around the 'lifestyle' businesses such as spas, leisure activities, restaurants, bars etc etc... If a person living in Bangkok so wishes to live their social life around the discount coupon sites, it technically gives an elevation in their lifestyle. Where before these sites came along, a certain individual may have only been able to afford a basic standard lifestyle, but by using this concept buying, they can now enjoy at least double the standard or double the amount.

The next step are deal aggregation sites, which i am currently working on, which parses all the daily deals from all the deal sites and places them onto a single 'all in one place' website.

Let me calculate something costs 10.000 user gets 50% off that leaves 5000 for the seller. Then the website gets 40% of that that leaves 3000 for the seller. This could only be good if they get loads and loads of clients.

Go to ensogo.com and look at what they are selling... the price is there and the amount sold is there... it only takes a calculator and 15 minutes to know ensogo make a clear million baht a day profit. and I seen them clear 4 million in a day... pure profit.

Actually here is a deal that they closed last week for beauty treatment in BKK.

actual price ฿40,000

coupon price ฿2,490

discount 94%

coupons sold 4155

total turnover ฿10,345,950

ensogo profit ฿4138380

Not bad for a single deal and they run many deals a day.

This is just the start of the deal site revolution, there is much more than this to come.

Google would not offer $5 billion for groupon if it wasn't going to make them a huge profit

[robblok]

Go to ensogo.com and look at what they are selling... the price is there and the amount sold is there... it only takes a calculator and 15 minutes to know ensogo make a clear million baht a day profit. and I seen them clear 4 million in a day... pure profit.

You know if its so easy as you say why don't you make a site for yourself instead of selling them. I know i would. You just want to sell sites. I have no doubt that ensogo is making loads of money. I do think that its hard to become a new player in the market. Also i don't see the value for the seller unless they are selling 8 to 10 times more stuff and have over capacity. Else it does not make any sense. Sorry im an accountant i know that most people trying to sell stuff make it look much better then it is.

[newsite12]

Go to ensogo.com and look at what they are selling... the price is there and the amount sold is there... it only takes a calculator and 15 minutes to know ensogo make a clear million baht a day profit. and I seen them clear 4 million in a day... pure profit.

You know if its so easy as you say why don't you make a site for yourself instead of selling them. I know i would. You just want to sell sites. I have no doubt that ensogo is making loads of money. I do think that its hard to become a new player in the market. Also i don't see the value for the seller unless they are selling 8 to 10 times more stuff and have over capacity. Else it does not make any sense. Sorry im an accountant i know that most people trying to sell stuff make it look much better then it is.

This is not sales pitch, this is facts that you and anyone can gather by looking at all of the websites out there in Thailand... it is not hard to find them, they are advertised all over facebook and even have been named in this thread.

Those figures are not my imagination.

I build websites, i don't run them, although i may run a deal aggregater website because it runs on autopilot by using parsing technology to scrape the info from the deal sites, and i will take a small affiliate fee for referring users. but in the main, i have many clients who rely on my technical support, which eats up a lot of my time, and i make a heck of a lot of money at doing what i am doing already.

[PattayaParent]

<br />

<br />

<br />I would assume that there were the majority doing well, because of minimal costs to run it, and it relies heavily on viral marketing which is free and pretty rampant. But also because this is a win win win situation. businesses get to sell of lots of slots at a time with a large payout, the website owner wins because they are on anything between 15% and 40% of the take (ensogo being on 40%), and the user because they get anything from 50% off to 80% off.<br /><br />The reason this is doing so well is that it is rewvolving around the 'lifestyle' businesses such as spas, leisure activities, restaurants, bars etc etc... If a person living in Bangkok so wishes to live their social life around the discount coupon sites, it technically gives an elevation in their lifestyle. Where before these sites came along, a certain individual may have only been able to afford a basic standard lifestyle, but by using this concept buying, they can now enjoy at least double the standard or double the amount.<br /><br />The next step are deal aggregation sites, which i am currently working on, which parses all the daily deals from all the deal sites and places them onto a single 'all in one place' website.<br />

<br /><br />Let me calculate something costs 10.000 user gets 50% off that leaves 5000 for the seller. Then the website gets 40% of that that leaves 3000 for the seller. This could only be good if they get loads and loads of clients.<br />

<br /><br />Go to ensogo.com and look at what they are selling... the price is there and the amount sold is there... it only takes a calculator and 15 minutes to know ensogo make a clear million baht a day profit. and I seen them clear 4 million in a day... pure profit.<br /><br />Actually here is a deal that they closed last week for beauty treatment in BKK.<br /><br /><br /><br /><br /><br /><br /><br />                                 <br /><br />                                 <br /><br />                                 <br />actual price ฿40,000<br />coupon price ฿2,490<br />discount 94%<br />coupons sold 4155<br /><br />total turnover ฿10,345,950<br /><br /><b>ensogo profit </b><b>฿4138380</b><br /><br />Not bad for a single deal and they run many deals a day.<br /><br />This is just the start of the deal site revolution, there is much more than this to come.<br /><br />Google would not offer $5 billion for groupon if it wasn't going to make them a huge profit<br /><br /><br />

That tells me that either the value of the treatment quoted is unrealistically high in order to sound like a good deal or the treatment is not worth anything if they can make money on a 94% discount or that they are a huge rip off if they really are charging that price.

In all 3 scenarios I would avoid using them.

Edit: something is wrong with my posting formatting, nothing I can do about it.

[robblok]

Go to ensogo.com and look at what they are selling... the price is there and the amount sold is there... it only takes a calculator and 15 minutes to know ensogo make a clear million baht a day profit. and I seen them clear 4 million in a day... pure profit.

You know if its so easy as you say why don't you make a site for yourself instead of selling them. I know i would. You just want to sell sites. I have no doubt that ensogo is making loads of money. I do think that its hard to become a new player in the market. Also i don't see the value for the seller unless they are selling 8 to 10 times more stuff and have over capacity. Else it does not make any sense. Sorry im an accountant i know that most people trying to sell stuff make it look much better then it is.

This is not sales pitch, this is facts that you and anyone can gather by looking at all of the websites out there in Thailand... it is not hard to find them, they are advertised all over facebook and even have been named in this thread.

Those figures are not my imagination.

I build websites, i don't run them, although i may run a deal aggregater website because it runs on autopilot by using parsing technology to scrape the info from the deal sites, and i will take a small affiliate fee for referring users. but in the main, i have many clients who rely on my technical support, which eats up a lot of my time, and i make a heck of a lot of money at doing what i am doing already.

You sound like those guys who sell the system for making money on the stock exchange. When asked why they are not in their own fund they don't have a valid answer. Because the reality is that they make more money on commission and their talk is a lot of hot air.

I am not contesting that those sites make money, im contesting that its not as easy as you are saying and its hard to penetrate the marked. If it was really that easy and as profitable with millions you would already run one yourself.

What i am saying is that entering the new market and making your site as successful as those others isn't that easy. Its clearly more profitable for you to do what you do then to enter this business yourself. The profits you are talking about are obtainable but not as easy as your saying.

Sorry im not having a go at you just common business sense.

[bkkjames]

Well there are some good deals out there for sure. Just take a look, do the comparing to regular prices and choose to buy or not.

[robblok]

Well there are some good deals out there for sure. Just take a look, do the comparing to regular prices and choose to buy or not.

I am sure there are good deals to be had. I looked at tik tok thai before and found some good deals. My whole point is more that these sites are not an automatich money maker like new site says they are. It takes time and money.

[bkkjames]

Well there are some good deals out there for sure. Just take a look, do the comparing to regular prices and choose to buy or not.

I am sure there are good deals to be had. I looked at tik tok thai before and found some good deals. My whole point is more that these sites are not an automatich money maker like new site says they are. It takes time and money.

I agree Rob, don't think Groupon has two guys working out of some serviced office somewhere turning over a Billion Dollars a year

[newsite12]

Go to ensogo.com and look at what they are selling... the price is there and the amount sold is there... it only takes a calculator and 15 minutes to know ensogo make a clear million baht a day profit. and I seen them clear 4 million in a day... pure profit.

You know if its so easy as you say why don't you make a site for yourself instead of selling them. I know i would. You just want to sell sites. I have no doubt that ensogo is making loads of money. I do think that its hard to become a new player in the market. Also i don't see the value for the seller unless they are selling 8 to 10 times more stuff and have over capacity. Else it does not make any sense. Sorry im an accountant i know that most people trying to sell stuff make it look much better then it is.

This is not sales pitch, this is facts that you and anyone can gather by looking at all of the websites out there in Thailand... it is not hard to find them, they are advertised all over facebook and even have been named in this thread.

Those figures are not my imagination.

I build websites, i don't run them, although i may run a deal aggregater website because it runs on autopilot by using parsing technology to scrape the info from the deal sites, and i will take a small affiliate fee for referring users. but in the main, i have many clients who rely on my technical support, which eats up a lot of my time, and i make a heck of a lot of money at doing what i am doing already.

You sound like those guys who sell the system for making money on the stock exchange. When asked why they are not in their own fund they don't have a valid answer. Because the reality is that they make more money on commission and their talk is a lot of hot air.

I am not contesting that those sites make money, im contesting that its not as easy as you are saying and its hard to penetrate the marked. If it was really that easy and as profitable with millions you would already run one yourself.

What i am saying is that entering the new market and making your site as successful as those others isn't that easy. Its clearly more profitable for you to do what you do then to enter this business yourself. The profits you are talking about are obtainable but not as easy as your saying.

Sorry im not having a go at you just common business sense.

I could run one if i so choose to do so, but i don't like to run high volume businesses with lots of sales, i did that in the UK and didn't like it, i like to make less sales and have less customers and worries but with higher margins. Just during this convo, i sold a site and made 15,000 and i will almost certainly sell another one or two by the end of this day.. that is enough money for me thank you. i spent a year setting up my business, and i make a very comfortable living, i really don't want to change things. i can make 50,000 a day for 3 to 4 hours work. That is enough for me.

Truth is.. not many people are making as much asd I can make, for little work. i know that running a groupon site is hard work to start with. but if you had say 50K to start a PPC campaign on facebook, and google than obviously the work burden.

The hardest part as with any website is marketing it, and getting clicks to your website. But if you invest in getting the user on the site, then you will find that you don't need to do so much 'hard' work. The biggest mistake people make is by trying to use free marketing methods to save money, and there are a lot out there, but it also means they have to work very hard at it, with minimal effects. I always say to people starting up, that they not only need to invest money in a script or website. They have to invest 3 times the amount in marketing it, until it is where they need it to be.

[robblok]

I could run one if i so choose to do so, but i don't like to run high volume businesses with lots of sales, i did that in the UK and didn't like it, i like to make less sales and have less customers and worries but with higher margins. Just during this convo, i sold a site and made 15,000 and i will almost certainly sell another one or two by the end of this day.. that is enough money for me thank you. i spent a year setting up my business, and i make a very comfortable living, i really don't want to change things. i can make 50,000 a day for 3 to 4 hours work. That is enough for me.

Truth is.. not many people are making as much asd I can make, for little work. i know that running a groupon site is hard work to start with. but if you had say 50K to start a PPC campaign on facebook, and google than obviously the work burden.

The hardest part as with any website is marketing it, and getting clicks to your website. But if you invest in getting the user on the site, then you will find that you don't need to do so much 'hard' work. The biggest mistake people make is by trying to use free marketing methods to save money, and there are a lot out there, but it also means they have to work very hard at it, with minimal effects. I always say to people starting up, that they not only need to invest money in a script or website. They have to invest 3 times the amount in marketing it, until it is where they need it to be.

I know how it works most of my clients work in IT and i see loads of online marketing schemes. I have a lot of people making money with affiliate marketing. But only the ones who invest loads of money in it see good returns. So you do need a good capital to startup. 50.000 is peanuts. I have clients that make loads and loads of money but they spend up to 5000-7000 euro in marketing. Ok they earn it back easily once things start to work.

[newsite12]

Well there are some good deals out there for sure. Just take a look, do the comparing to regular prices and choose to buy or not.

I am sure there are good deals to be had. I looked at tik tok thai before and found some good deals. My whole point is more that these sites are not an automatich money maker like new site says they are. It takes time and money.

I agree Rob, don't think Groupon has two guys working out of some serviced office somewhere turning over a Billion Dollars a year

I never said that groupon had 2 people working from a serviced office. I said it can be started off by a couple of people running from a home office. Deal didi is one man running from home I dont know what the other setups are, i know all the ones i sell to are either one or two people. at the start they will only be earning a feww hundred thousand a month, it is up to them how they scale up.

[p_brownstone]

Go to ensogo.com and look at what they are selling... the price is there and the amount sold is there... it only takes a calculator and 15 minutes to know ensogo make a clear million baht a day profit. and I seen them clear 4 million in a day... pure profit.

Actually here is a deal that they closed last week for beauty treatment in BKK.

actual price ฿40,000

coupon price ฿2,490

discount 94%

coupons sold 4155

total turnover ฿10,345,950

ensogo profit ฿4138380

Not bad for a single deal and they run many deals a day.

This is just the start of the deal site revolution, there is much more than this to come.

Google would not offer $5 billion for groupon if it wasn't going to make them a huge profit

Your figures make absolutely no sense.

I know Bangkok is a centre for "beauty treatments" but very few I have seen cost anything like Baht 40,000.- , definitely NONE for a single treatment.

NONE I am sure could sell that same treatment - certainly not a Course - at Baht 2,490.- and still make any profit.

ensogo - according to you - has sold 4,155 "treatment" Coupons at Baht 2,490.- each, a turnover - for ensogo - (NOT the the "treatment supplier") of Baht 10,345,950.- .

You then claim a "Profit" for ensogo of Baht 4,138,030.- .

ergo

If the Turnover - from "coupon" sales - for the Supplier is Baht 10,345,950.- and the Profit for ensogo is Baht 4,138,030.- then the "treatment supplier" is left with Baht 6,207,920.- (Baht 10,345,950.- minus Baht 4,138,030.-) or to be exact Baht 1,494.08 per treatment (or, as already pointed out, far more likely a course of treatment) - which they originally were selling at Baht 40,000.- ?

Comments?

Patrick

[ExpatOilWorker]

Good to hear that the sites are making a killing and in theory that alone is an indication that they are selling a good product....... or are they really?

Looking at past deals on "ensogo" I am not convinced:

B490 car wash & Wax where you have to book 2 days in advance and only during weekdays - hardy a good deal (http://www.ensogo.com/thailand/bangkok/27-speed-kar-klinic.html)

B999 for a resort in Krabi - OK, Agoda list it at $44 (B1,350), so a bit saved there (http://www.ensogo.com/thailand/bangkok/palm-paradise.html)

Anybody with some real good/bad experience using them?

[MiG16]

yes...told you

we used some of their restuarant discount voichers

and some of the hotel room bookings

worked out to be cheaper

esp. the restaurants. not many offer discounts. some do through credit cards, but max you would get through credit cards is 30% (and that tends to be at 5 star hotel restaurants - so you end up with a still very high bill). while the ensogo offers discount on some places that arent overly expensive...with the discount they become VERY good deal

but i guess you need to assess which ones are the decent deals, and which ones are simply a discount on over-stated price

[newsite12]

Go to ensogo.com and look at what they are selling... the price is there and the amount sold is there... it only takes a calculator and 15 minutes to know ensogo make a clear million baht a day profit. and I seen them clear 4 million in a day... pure profit.

Actually here is a deal that they closed last week for beauty treatment in BKK.

actual price ฿40,000

coupon price ฿2,490

discount 94%

coupons sold 4155

total turnover ฿10,345,950

ensogo profit ฿4138380

Not bad for a single deal and they run many deals a day.

This is just the start of the deal site revolution, there is much more than this to come.

Google would not offer $5 billion for groupon if it wasn't going to make them a huge profit

Your figures make absolutely no sense.

I know Bangkok is a centre for "beauty treatments" but very few I have seen cost anything like Baht 40,000.- , definitely NONE for a single treatment.

NONE I am sure could sell that same treatment - certainly not a Course - at Baht 2,490.- and still make any profit.

ensogo - according to you - has sold 4,155 "treatment" Coupons at Baht 2,490.- each, a turnover - for ensogo - (NOT the the "treatment supplier") of Baht 10,345,950.- .

You then claim a "Profit" for ensogo of Baht 4,138,030.- .

ergo

If the Turnover - from "coupon" sales - for the Supplier is Baht 10,345,950.- and the Profit for ensogo is Baht 4,138,030.- then the "treatment supplier" is left with Baht 6,207,920.- (Baht 10,345,950.- minus Baht 4,138,030.-) or to be exact Baht 1,494.08 per treatment (or, as already pointed out, far more likely a course of treatment) - which they originally were selling at Baht 40,000.- ?

Comments?

Patrick

yes.. that is what they would walk away with.

By the way... they are not my figures, they are ensogo's like I already said, i got it from their 'past deals' page.

Personally i think they have hugely oversold the appoinments being that they now have only 3 months to usher them all thru their system... by the way it is a course.

I would like to see them get around 1400 clients through thew system per month on top of all their full paying clients. But hey, that is their problem, they got over 6 mil, so maybe they ought to invest in a few extra hands.

We talked to a spa in chiang mai regarding what their experience was with ensogo, and they told us that because they use very little in the way of meterials, that most of the clients with the coupons help to fill the normally empty appointment slots over the coming months, and it keeps the place busy and looking popular. Also they get to chat to the clients and get them back as full paying customers in the future. The client also listens to the experts that they have working there and the staff are trained to advise them on certain products which they of course sell to the client for a profit.

So in a nutshell. the whole concept is a marketing machine where everyone is a winner.

[bkkjames]

Good to hear that the sites are making a killing and in theory that alone is an indication that they are selling a good product....... or are they really?

Looking at past deals on "ensogo" I am not convinced:

B490 car wash & Wax where you have to book 2 days in advance and only during weekdays - hardy a good deal (http://www.ensogo.co...kar-klinic.html)

B999 for a resort in Krabi - OK, Agoda list it at $44 (B1,350), so a bit saved there (http://www.ensogo.co...m-paradise.html)

Anybody with some real good/bad experience using them?

I purchased a deal yesterday (different site) that was 99 Baht for 6 Chocolate Sweet things from a big chain of restaurants that retails for 199 Baht. And yes they retail for 199 Baht. Others I have seen where it is spend xx baht and get xxx baht value at some pub or restaurant are pretty straightforward.

[p_brownstone]

There are so many Red Flags on this Thread I have no time to detail them all.

However, look at :

http://www.ensogo.com

and it brings you to an exclusively Thai oriented Site, not at all well laid out, and with dead Links.

Look up the "Deal" repeatedly promoted by "newsite12" in this Thread and you find:

http://www.ensogo.com/thailand/bangkok/past_deals

Jan 15, 2011

The Skin Clinic: ฿2,490 to choose from 12 customized packages of Effective Beauty Solutions at The Skin Clinic (valued up to ฿40,000)

Sold Value Discount Savings

4155 ฿40,000 94% ฿37,510

Total savings to members:

฿155,854,050

Total donations to charity:

฿290,073

(not sure what the formatting will look like - sorry)

Note:

1) The Marketing weasel words "valued up to"

2) All the "Deals" prominently show an amount (how this is calculated no one can know) "Total donations to charity" - always an attempt to lure the vulnerable, and a warning sign in my opinion. Nothing was mentioned in any of newsnite12s' promotional Posts about this "Charitable Donation" on every Sale - I wonder why?

Up to other Members of course but I would avoid this site and it's offers.

Patrick

[newsite12]

There are so many Red Flags on this Thread I have no time to detail them all.

However, look at :

http://www.ensogo.com

and it brings you to an exclusively Thai oriented Site, not at all well laid out, and with dead Links.

Look up the "Deal" repeatedly promoted by "newsite12" in this Thread and you find:

http://www.ensogo.co...gkok/past_deals

Jan 15, 2011

The Skin Clinic: ฿2,490 to choose from 12 customized packages of Effective Beauty Solutions at The Skin Clinic (valued up to ฿40,000)

Sold Value Discount Savings

4155 ฿40,000 94% ฿37,510

Total savings to members:

฿155,854,050

Total donations to charity:

฿290,073

(not sure what the formatting will look like - sorry)

Note:

1) The Marketing weasel words "valued up to"

2) All the "Deals" prominently show an amount (how this is calculated no one can know) "Total donations to charity" - always an attempt to lure the vulnerable, and a warning sign in my opinion. Nothing was mentioned in any of newsnite12s' promotional Posts about this "Charitable Donation" on every Sale - I wonder why?

Up to other Members of course but I would avoid this site and it's offers.

Patrick

Are you totally crazy?.. or have you just been out in the sun too long today???

How on earth am i promoting ensogo.com i am merely explaining questions from the other members who don't understand the concept.

Ensogo if anything are my enemy, they are my customer's biggest competitor.

The best thing you can do is just ring the bloody clinic and ask them the price of their treatments over the phone and don't mention frigging ensogo.

Also, if by your own irrational thinking and advice, i think you would be better off living in a cave, if your response to marketing is to run and hide.

Marketing is a necessary foundation what business's are built on. Are you totally off your nut?

I couldn't give a monkey's left gonad if you walked up and down the Sukomvit road every day with a sandwhich board draped over you protesting against daily deal sites, and begging people to boycott all businesses that use them.

If you think ensogo are misleading the public via their website, i suggest that you contact the ITC immediately and have their fraudulant website blocked for the good of the people.

What a total knob!

By the way... The donations come out of ensogo's split of the take.. You may benefit from taking the time to read the 'how it works' page.

[ExpatOilWorker]

OK, kids no more fighting. We are in LOS, The Land of Smiles.....and Scams.

ensogo.com, is probably a bit of both. Some of the deals, like spa treatments, cooking classes, car wash, etc seem to offer big discounts, but hold no real value (at least not for me!).

Others, like resorts, meals, pubs have fair value, meaning cost below retail price, but only if you lock yourself down to use that particular venue. Hardly practical for a Saturday night out.