Thursday 8 March 2012

New Internet Venture - Demand The Deal

Prism's loyalty subsidiary Spectrum has acquired an interest in an internet based marketing company, Demand The Deal - www.demandthedeal.com, with their name and e-mail address to receive the daily deal notification (for the first few weeks it will be more like 3 deals a week) in their inbox. 

Daily Deals are essentially prepaid coupons for products/services at restaurants, spas, etc.
If a user wishes to purchase a deal, they submit their credit card information on the website (which will not be stored). If the required amount of users purchase the deal, the deal will “tip”, the credit cards will be charged and the users will receive their coupons. If not enough people purchase the deal before it expires, the deal will not tip and no credit cards will be charged. Once the deal has been tipped, the user can print their coupon or bring it up on their mobile device and present it at the respective business. 

Its all part of our epxansion into inline commerce and loyalty.

For more information contact Emma Marshall at info@prismco.com