Our Business
CrowdSavings, founded in July and launched in November of 2009, provides unique marketing tools to local merchants by leveraging the viral nature of their social buying platform. As cliché as it sounds, our primary aspiration is to create a “Win-Win” scenario each and every day for local merchants who want to attract new customers, and consumers who want to save money and take advantage of great services and activities in their own city.
How and Why it Works
We offer one amazing “Deal” each day by partnering with local merchants to offer a variety of goods and services to consumers at incredibly discounted prices. The “Win” for the merchant is the opportunity for its goods or services to be featured and presented to thousands of targeted consumers, or potential customers, for a 24-hour period with no upfront cost or risk involved; a highly efficient and cost effective form of advertising. The ‘Win” for the consumer, our customer, is the opportunity to save money by purchasing an array of goods and services at discounted prices while simultaneously supporting local businesses. What is even better – our customers can share the Deal through a variety of social networking vehicles with friends, family, or business associates.
We differ from many group-buying sites in that our sales representatives live, eat, work, and play in the same city or market as the merchants we partner with. We believe this allows us not only to partner with the very best merchants in town, but gives us an edge in offering the greatest variety of goods and services; from restaurants, spas, theaters, museums, local events and festivals, bars, home services, automotive, and various outdoor recreational activities such as biking, kayaking, or jet skiing. Our customers are experiencing and enjoying new places and activities in their own city that were unknown or which they have never taken advantage of before.
We provide our merchant partners with an online account that allows them to manage voucher redemption, get feedback from their customers and measure the ROI and effectiveness of their promotion.
We are coming to a city near you!
For more information on partnering with CrowdSavings; go to http://www.crowdsavings.com/get-featured
To receive emails about our Daily Deals in your city; go to http://www.crowdsavings.com/subscribe
Executive Summary
Chad Jaquays President & CEO
As President and Chief Executive Officer of CrowdSavings.com, Chad is no stranger to Internet startups. Chad, a native New Yorker, is a veteran in the field of Internet marketing, product development, and sales. He co-founded Traffic Strategies.com in 2002, a performance based online marketing company; LinkShare later acquired the company in 2007. After being introduced to the social buying model by a business associate, Chad, the astute entrepreneur, decided it was time to dive back into the start-up world again by launching CrowdSavings.com in 2009. The idea has proved successful and the business model popular.
Chad, his wife, Lori, and their adopted dog, Meggie, reside in St. Petersburg. On the weekend you’ll find them out on the water or in the stadium cheering on their home team Tampa Bay Buccaneers or Chad’s alma mater, the University of South Florida Bulls.
Doug Bauer Chief Financial Officer
With over 20 years experience in accounting, finance and operational management, Doug has served in a variety of industries including manufacturing, service and technology development.
Doug graduated from Miami University in Ohio with an Accounting & Finance degree before studying international economics and political science in Luxembourg. He began his career at Price Waterhouse Cooper in Atlanta, before acting as turnaround specialist for global glass manufacturer Guardian Industries. Moving to Tampa in the mid-1990’s Doug shifted his focus to the fledgling dot-com industry, becoming a Partner, COO and CFO of Flowers Direct and eFlowers.com, eventually overseeing their successful acquisition by FTD. He continued to work within the dot-com field – more recently as CFO with Powerlinx Inc. – before co-founding CrowdSavings.com in 2009 and serving as Chief Financial Officer.
Doug continues to live in Tampa with his wife and three children, enjoying a life on the water or at the squash court when not in the office.
