Small businesses are seeing great success running promotions on daily deal sites like Groupon and Living Social. Especially if you are in the personal services or food service industry, running a daily deal promotion could provide the boost in business your company is searching for.

If you are considering running a daily deal, here's how:
1. Do a cost-benefit analysis - run the numbers and make sure the deal will be profitable.
2. Analyze all the data - be sure to track everything in order to truly understand the ROI of your deal.
3. Prepare for crowds on the day the deal ends - be prepared for a line out the door on the day the deal expires. If your business can't handle that, don't run the deal!

Has anyone had experience running a daily deal promotion? Do you have any tips to add to this list?