WARNING! This is will be long.
Good Morning, All. I have been thinking about two different types of businesses:
My first business idea is to have website to provide price comparisons on the area grocery and convenience stores. There are a lot of price comparison sites and resources out there, but none specifically for grocery stores. So I thought I could serve my community well by doing one for my area (DC/VA/MD). It would include:
Wholesale Clubs (Sam`s, Costco, etc)
Convenience Stores (CVS, Rite-Aid, WalGreen`s)
The goal is simply to help people make better choices when shopping. This is time consuming, because it requires putting in the UPC Bar Code for ALL items for all the stores, the prices and building the site so that if the item is on sale, or not at a particular store it can reflect that. I will have to do a search on the price comparison sites to see how they`ve done to see if this worthwhile, or if I should take another approach.
The second idea is a little more complex and detailed. I would like to combine two existing companies` ideals and take it to the next level. Upromise (www.upromise.com) offers people and parents away to save for college (and I believe private school) by doing what they already do: purchasing items. A certain percentage goes towards your account.
Coupon Mom (www.couponmom) offers many resources on how to save at your local grocery store, buying clothes, receive free samples, donating to the poor and hungry, etc.
They are both doing really good things for good causes.
One downside to Upromise is that a lot of the retailers are for purchases online only.
One downside to Coupon Mom is that you have to download specifics to print the coupons.
Upromise now offers ecoupons - You merely click on the coupons you want, and they go on your credit, debit or loyalty cards that you registered. JACKPOT - No more cutting and organizing coupons.
Here is where I come in. I would like to combine what Upromise and Coupon Mom does and create ecoupons so that people can just have the information go on there cards, not via email that still have to be printed out (unless buying online) but merely put on their loyalty or credit cards so that can slide and go. I would like to work with people so that they can donate to a cause (like www.onecause.org) or just get the points. Right now ecoupons are for groceries only. I would like to create them for all items possible.
What I don`t know is:
- How to to make an ecoupon
- How to approach the retailers to develop relationships (After all Upromise have established partnerships with the companies)
- How to make sure I don`t do anything that copyright infringes (Upromise is not the only company that uses ecoupons, but I do want to be careful)
I would appreciate any comments and advice.
And sorry if this was long, but I DID warn you