lready a strong and consistent Slickdeals partner, a large eCommerce marketplace was looking for creative ways to enhance their partnership and drive an impressive number of sales.
Slickdeals suggested testing an exclusive coupon code via a deal thread, knowing that when done strategically, they have the ability to capture a large amount of transaction-ready shoppers.
In addition to providing a strong discount of 20%, Slickdeals recommended the partner also ensure this was a true best-of-web offer, creating exclusivity and generating demand.
Due to the large product mix across the marketplace, Slickdeals also recommended that the discount be applicable site-wide, since coupons that span an entire site help shoppers feel confident their cart is competitively priced and can boost transactions by 25%1.
Upon crafting the perfect exclusive code, the team agreed that the offer would be live on Slickdeals for 1 month, or, until the client's budget was depleted.
In combining the exclusivity of a best-of-web offer with a site-wide discount, the client's promotion was only live for 3 hours before their budget was depleted.
Overall, the exclusive coupon code generated $350,000 in sales, received over 40,000 outclicks, and had over 162,000 views on Slickdeals, greatly exceeding the client’s averages.
In working closely with the Slickdeals team and providing a truly valuable offer to the community, the client was able to capture a “lightning in a bottle” moment.
Slickdeals is the only shopping platform powered by millions of avid shoppers helping other shoppers find, evaluate and share the most up-to-date online deals and coupons from all the top retailers. Through community-powered shopping, Slickdeals has saved shoppers $10 billion by providing a forum for deal discovery and shopping discussion. Through collaborative eCommerce opportunities and brand marketing solutions, Slickdeals Advertising offers impactful advertising opportunities that drive over $1.51 billion in sales for partners annually.
Reach out to learn more about Slickdeals' unique community-driven platform and strategic eCommerce solutions. Get in touch.