MyDeals247 a trend setter in personalized ec-ommerce space.

In today’s world where-in ecommerce has become a necessity; people from old school who believed in in-person negotiations are becoming extinct. Companies like MyDeals have brought vendors to your doorstep. Now you no longer have to locate the local vendors and negotiate to get the best price, MyDeals does it for you. All the cheapest options of shopping with best price are just click away.  All you need to do is finalize your choice and register it with MyDeals, within 24 hours vendors/dealers from all over India will give you the best price along with various deals available with them.

MyDeals is the brain-child of Venu Somineni, the author of the best-seller “One book for life success’. This site is often referred to as first personalized e-commerce platform, which connects the buyer and the seller real-time. It helps both buyer and the seller to put the best foot-forward to close a deal. A range of products from exotic national/international todays to the best gadgets are available at the best price to a customer sitting cozy at his home. MyDeals247 also has a volume-based mode, for any item, as the volume goes up, the price comes down proportionally.

So get ready for a new experience, MyDeals is must visit for regular e-shoppers and must try for flankers, people opening up to e-commerce now, to stay abreast with latest trends. This site as a lot in store for the vendors as well, since it also allows customers to choose vendors on the basis of location as well while selecting their choice. This trend is here to stay, so get set to ride this revolution before others, and be the first one in your groups to join this fad of personalized e-commerce.

MyDeals 24*7 Facts

MyDeals 24*7 facts -


MyDeals247 is the world’s first personalized eCommerce platform - post your request (on what you want) - it creates healthy competition among the local sellers and brings the top 5 lowest offers for the buyer request real-time - you can buy or sell any items in your local area - totally customised to your own personal needs.Unlike most of the daily deal offers, MyDeals247 offers volume based discounts to the buyers - the basic philosophy being “Buy more, save BIG” - once the buyer purchase a huge quality, MyDeals247 allows the buyer to split the quantity among the friends and colleagues.There is no up-front fee for both the buyer or seller.It is absolutely free to sign-up. MyDeals247 only charges a small fee from the seller when the transaction is successful.So why wait go ahead and maximize the profits by using mydeals 24*7.

Welcome to Shopping Spree @ Mydeals247!!

World's first personalized E-commerce Website.
                         To shop,  log on today at www.mydeals247.com

This is a blog which will have information related to mydeals247.

Today's most E-commerce sites routinely experience transaction closure rates in the range of 3 to 5 percent of the total visitors - the primary reason for the failure is most of the sites are too generic - no personalization whatsoever.

Most shoppers spend a significant amount of time by going through multiple websites and related comparison websites and still they cannot make a quick decision - average time to make a decision to buy any product online is between 2 hours to a week - also, they confine to a couple of choices. 

Internet users want some of these aspects today: personalized dashboards based on their current needs (what they want, when they want, where they want) pretty much real-time. MyDeals247.com offers revolution technology in the e-commerce industry which identifies individual's preferences, interests, then delivers on-the-fly adjustments that make each customer feel the site was built just for him or her. It's pretty much like having your own e-commerce or online store to fulfill your own needs on daily basis. MyDeals247 brings the lowest offers from the sellers based on buyer’s request in the local markets - all the bids from sellers happen real time and very much live. Also, MyDeals247.com provides the current need analytics (on daily basis) to the sellers in the local markets.

MyDeals247.com is the world’s first personalized social E-commerce platform.

MyDeals247 offers three unique business models:

#1. Real-Time MarketPlace (Buy / Sell Model) - No inventory on the website - everything starts from the consumer interest - system notifies the consumer requests to all the sellers whoever selling the particular product or service along with the consumer's budget - sellers make offers against the consumer request along with the offer expiry times - system picks only the top 5 best offers (by lowest price) - totally real-time and rank order changes based on the offers received by the sellers - consumers takes advantage of the best offer and purchase the same.

Video: http://youtu.be/vHvWWIupwI0

#2. Volume Based Discounts - deals with only 5 star rated retailers - focus on general house-hold items, entertainment, education, local events, amusement parks, professional training, and services companies - consumer can share the vouchers with friends and colleagues - volume based purchase only - buy more save big!

Video: http://youtu.be/9olj1uJ_k7I#t=2m7s

#3. Introduces personalized Ad display and ‘Pay Per Lead’ model - Displays the local Ads based on the consumer’s interest within the local city at any given point in time. For instance, if someone is looking for the footware and watches in San Francisco, system consolidates all the local Ads relevant to footwear and watches under "San Francisco Talks about..."

Research says that, the current online Ads are not effective for the merchants - Return-On-Investment (ROI) is too low. Most times, the consumers are getting annoyed with the random Ads these days. The famous “Pay Per Click” model is not very effective as the websites charge the merchants whenever there is any random click. At the same time, merchants do not have any idea on how to connect back with the consumers (whoever clicked on their Ad). Apart from this, consumers are NOT paying any attention on the random Ads. The very reason being, they are NOT in a mood to purchase anything at that time.

MyDeals247 introduces a revolutionary technology to improve ROI for the merchants while displaying the relevant Ads to the consumers based on their interest at any given point in time. Also, the consumers get paid for every click. Here is how?

Scenario: Whenever the consumer clicks on the Ad, there will be a video (1-2 minutes length) and simple product description (500 characters maximum) and asks the consumer to answer a simple questionnaire about the uniqueness of their product or service (i.e. 2-3 questions). Consumers can answer these questions very easily based on the information provided.

If the merchant pays $1 per Ad click(i.e lead), MyDeals247 pays 60% of $1 (i.e. $0.60) to the consumer whoever clicks on the Ad and answer all the questions (as part of the questionnaire) right the first time. If the consumer does not answer all the questions correctly for the first time, there will not any pay to the consumer. Its a great advantage for the merchants to create a real awareness about their products or services using this questionnaire model - eventually, it will lead to word-of-mouth marketing.

There is no pressure for the consumers to click on any Ad with this new approach. In other words, when the consumer clicks and answers the basic questions, consumer gets paid a good chunk of what merchant offers. Consumer is allowed to click on the same Ad for more than once - just once chance whether to make it or break it.