The popular daily deal site, 365DealsforU.com, has expanded its market to reach Austin and Boulder, Colorado, by acquiring CollegeMint.com. The website is separate from 365Deals, but both serve the same purpose of bringing university communities the best deals from restaurants, shops and services in the area.
The 365Deals site launched last April to supply Texas A&M students, faculty and area residents with savings and help campus-area businesses develop. The site has grown from 3,700 subscribers to more than 20,000 locals and sold around 15,000 vouchers in the past year. With the new expansion, the company anticipates surpassing the success it has had in College Station in voucher sales and contributions to local charities.
A large part of 365Deal’s mission is raising funds for non-profits by sharing the revenue made from deal proceeds. A percentage from the revenue earned is given to charity, or subscribers can donate to charities and receive a coupon credit. The company has raised more than $5,000 to support the Brazos Valley Food Bank, Twin City Mission and other Bryan/College Station non-profits.
“[The business] will be based in Bryan/College Station and we plan to stay that way,” says David Flash, 365Deals president. “We’re working on our internship program and that will be all Aggies; all of our helpers are here in College Station so that’s more revenue for the community.”
The 365Deals team expects to double in size with the new business acquisition, and that will benefit Bryan-College Station, Flash says.
The site launched on March 30, and the outlook looks positive. “We’ve had a couple successful deals in each city,” Flash says. “It’s going well so far; we’re pretty happy.”
As for the future of 365Deals, Flash has planned a steady course. “We just want to keep making coupons,” he says. “We want to help people save money and help businesses grow.”