SeedCon Fast-Pitch Entry: GimmyDeals

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Published on Nov. 02, 2012

 

In today’s world, times are tough. Businesses are looking for ways to keep their customers coming back in to keep their business running. Their current options for doing this aren’t very good. Right now, companies like Groupon, Amazon LocalDeals, Valpak and others offer ways for them to reach out to mass audiences with deals that sometimes end up costing them more than they are worth and often times do not bring in the business they are looking for. They are frustrated and looking for innovative ways to reach their customers.

Times aren’t any easier for consumers. Money is tight and every dollar is being stretched. When there is money to go out, the experience and service must be worth every penny. When you’ve been somewhere before as a customer and you had a good experience, you’re often likely to go back. When you think about it, going back to a place that you’ve been to before and enjoyed doesn’t take too much thought. When a deal is available for that place, the idea becomes even better. The only problem is that it’s hard to find deals for those places that you know and love.

GimmyDeals looks to provide businesses and customers with a solution that benefits both sides. Businesses are looking for affordable ways to reach their customers with deals to bring them back in. Customers are looking for easy ways to receive deals from their favorite places without having to give up their personal information so they later become bombarded with deals from places they have no interest in going too.

GimmyDeals uses software as a service, the cloud, smartphone apps, and an ingenious subscription mechanism to allow customers to sign up for deals from their favorite stores with one step and without divulging any personal information. Businesses with one step can instantly push deals to those customers who are in turn instantly notified when new deals are available. Only deals from your favorite stores arrive because those are the only ones our customers have signed up for.  No wading through deal emails and no spam.

GimmyDeals has filed a provisional patent for our approach to subscription and is poised to succeed in this arena.

 

About SeedCon: Hosted by the Entrepreneurship & Venture Capital student group and the Polsky Center for Entrepreneurship at Chicago Booth, SeedCon brings together leaders and innovators from the entrepreneurship and venture capital world to explore the most exciting and disruptive trends in the industry. For more information, visit www.SeedCon.com.

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