With Meetup Perks, Meetup is creating a self-serve platform that makes it easier for merchants to find groups to sponsor and for group organizers to opt into receiving deal offers. Local businesses can search groups by location and topic, and then enter the type of sponsorship they are willing to provide—which can range from a group discount to a place to meet. Instead of taking a cut of each deal, Meetup will charge an ongoing fee of $5 per group that decides to take advantage of each offer. Although to kickstart the effort, fees will be waived through March 15 to the first 5,000 businesses that sign up.
Meetup Perks is modeled on the age-old practice of the hardware store sponsoring the Little League team. It is more about creating customer loyalty and goodwill targeted to people by group affinity. The rewards are supposed to be ongoing, rather than one-off promotions.


Authors: Erick Schonfeld