So, how would you like to get your holiday cost halved by 50%? Or have a special dinner costs in your favorite restaurant cut by 60%? By now most Kenyans are familiar with the daily deal concept.
So what’s different with Capital Deals? For one they have an extra edge in the fact that they use Capital FM, the parent owner, to advertise their daily deals. This gives them an edge over Zetu.co.ke and Mocality Deals, which currently use social media to publicize their offerings. This also means for clients who put up their offerings on Capital Deals website, they will get free radio advertising, which usually costs thousands.
Ms Waithera Kibiru, Head of Digital Media and IT at Capital Group Limited, is full of optimism that with over 14 million Kenyans connected to the internet, the outlook for daily deals is nothing but good.
Speaking to HumanIPO, Waither Kibiru said, “Daily deals websites offer a platform to which small and medium sized businesses can market themselves in a cost effective manner and which will benefit consumers, as they will have a wider option for goods and services.”
Capital Deals has partnered with another daily deals website, Rupu.co.ke, to offer deals to customers. As to how this relationship worked, Ms Kibiru said, “Rupu is an e-commerce portal, and as such we are not direct competitors, as Capital is a media site. At Capital, we service to inform, educate and entertain our audience; hence our relationship with Rupu is very symbiotic.”
Ms Kibiru testified to HumanIPO that their clients have seen a difference in how they market their products and services. ”Our clients have seen the value of this service, as it is cost efficient and very measurable. For the SME, they get fantastic exposure from our media i,e radio digital media, which they otherwise would not have been able to afford.”
Skeptics have termed the daily deals concept unattainable. But with the giants like Groupon and LivingSocial posting billions in revenue, this marketing concept is nothing to play down. Daily deals would be one way of introducing and maintaining the idea of ecommerce to Kenya.