MEXICO CITY.- We are a few weeks away from Good End 2024and it is still possible to register your business to participate in the massive discount event that takes place every year.
For four days, companies and businesses join the proposal of the “cheapest weekend of the year”, to help consumers acquire different goods and services.
Below we explain how to register your business and be part of Buen Fin 2024.
How to register your business in Buen Fin?
Of the From July 1 to November 14, 2024, registration will be open for companies and businesses interested in participating in Buen Fin 2024.
Registration is done through the official platform of the Good End in this link.
To do this, you must have a current email address and create an account on the site.
Only businesses that complete the registration process can use the Buen Fin 2024 brand and logo.
Requirements to register a business in Buen Fin
- You must be up to date with your tax obligations and have a positive compliance opinion, have Tax Mailbox active and means of contact
- Cumulative income of up to $5,000,000.00
- Have a Point of Sale Terminal (POS) active, provided by a participating banking institution
- Have at least one sale of 250 pesos made with participating debit and credit cards, during the period from November 15 to 18, 2024
After completing the registration process, you will be informed by email if the registration was successful, confirming that you meet all the requirements.
They cannot participate in the The Good End Raffle businesses that have affiliations associated with:
- The aggregators
- Foreign exchange brokers
- Correspondents
- Integrators
- Foreign Trademark Owner.
- Participating establishments
To consult the establishments participating in Buen Fin 2024, go to: gob.mx/sorteoelbuenfin starting November 15.
You can also check if a business participates by scanning the QR code, which appears on the business’s advertising.
How to participate in the draw?
All consumers and merchants who participate in Buen Fin 2024 will be able to access the 500 billion draw of weights made by the Tax Administration Service (SAT).
The jackpot prize is 250 thousand pesos, in addition to a purse of 400 million pesos for 321 thousand 260 smaller prizes, ranging from 500 to 20 thousand pesos.
He December 13th the El Buen Fin Draw will take place
Good End Dates this year
The 2024 edition of Buen Fin will take place from Friday, November 15 to Monday, November 18.
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**Interview with Maria Gomez, Small Business Owner and Expert on E-Commerce in Mexico**
**Editor:** Maria, thank you for joining us today to discuss Buen Fin 2024. With this massive discount event just around the corner, why is it significant for both consumers and businesses in Mexico?
**Maria:** Thank you for having me! Buen Fin is incredibly important for the Mexican economy. It’s often referred to as the “cheapest weekend of the year,” and it provides a unique opportunity for consumers to buy products at discounted prices, especially ahead of the holiday season. For businesses, it’s a chance to boost sales and attract new customers.
**Editor:** Absolutely. Many businesses are eager to participate, but they might not know how to register. Can you break down the registration process?
**Maria:** Of course! Businesses can register from July 1 to November 14, 2024. The registration process is done through the official Buen Fin website. To register, a business owner needs a current email address to create an account. It’s crucial that the business meets certain requirements, like being up to date with tax obligations and having an active POS terminal.
**Editor:** That sounds straightforward! What are some of the key requirements to participate?
**Maria:** Great question! Some key requirements include:
1. Being current with tax obligations and having a positive compliance opinion.
2. Cumulative income of up to $5 million.
3. Having an active Point of Sale Terminal from a participating bank.
4. Completing at least one transaction of 250 pesos with participating debit or credit cards between November 15 and 18, 2024.
Once registered, businesses receive an email confirmation regarding their compliance.
**Editor:** This year, do you expect to see a growth in participation based on previous years?
**Maria:** Absolutely! We’ve seen consistent growth in both Buen Fin and e-commerce in Mexico. The Mexican Association of Online Sales has reported significant increases in online purchases during this event in previous years, and more businesses are recognizing the value of participating.
**Editor:** That’s encouraging! any advice for business owners considering joining Buen Fin 2024?
**Maria:** I’d say don’t hesitate! The potential for increased visibility and sales is tremendous. Also, make sure to prepare your marketing strategies ahead of time to maximize your participation benefit. Engage with your customers online, promote your discounts, and be ready for the influx of traffic!
**Editor:** Thank you, Maria, for sharing your insights on Buen Fin 2024. It’s clear that this event is vital for businesses and consumers alike in Mexico.
**Maria:** Thank you for having me! I look forward to seeing how this year unfolds.
