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Daily deals giant Groupon has weathered several storms since its humble beginnings back in 2008. Initially of course, Groupon was all the rage and the daily deals concept for while started to take hold in America and other parts of the world. But Groupon had a hard time keeping users loyal to the merchants who [...]
November 11th, 2012 by Anthony West
In an age when even the middle class is suffering, a tax break of any magnitude is going to raise alarm. All the more reason, then, that one publication is calling the $23 million tax break awarded to LivingSocial ‘Outrageous’. The very handsome tax break is coming from the Washington D.C. City Council who fears [...]
July 8th, 2012 by Anthony West
I have written several times on here about the inherent flaws with the daily deals business model, but little did I realize that the scope of the model is so great that it requires a lot people to keep the wheels of some of the top daily deals websites turning. Nowhere in the model is [...]
February 5th, 2012 by Anthony West
LivingSocial is living up to its promise to spread the profits in the form of charitable donations. The company is looking to build on a pledge made to donate 1% of all purchases to US charities by extending the offer to the Middle East. You’ll recall that LivingSocial gained a presence in the Middle East [...]
December 14th, 2011 by Anthony West
LivingSocial must have done some serious research into the demand for daily deals, because in a rather bold move, the company has decided to introduce subscription based pricing. According to reports, LivingSocial has launched a fresh initiative to get people buying pre-paid deals more often. Dubbed LivingSocial Plus, the service will cost around $20 per [...]
December 10th, 2011 by Anthony West
A new study has revealed some interesting and rather helpful stats to struggling Daily Deals websites like Groupon and LivingSocial. The study conducted by LinkShare revealed that despite the picture painted in the general daily deals marketplace, over 56% of users are happy with the business model. The majority of people surveyed (1000 in total) [...]
November 30th, 2011 by Anthony West
The battle between LivingSocial and Groupon for Daily Deals supremacy is about to get more interesting. This after LivingSocial announced that a fresh round of funding totaling $200 million will be made in the near future to shore up operations and extend the reach of the popular daily deals website. The funding is expected to [...]
November 23rd, 2011 by Anthony West
When the plan doesn’t come together, it’s time to come up with something new and this is precisely what Groupon is doing. The daily deals giant is reported to be getting ready to launch a new service, focused exclusively on ‘Goods’. Although the launch of the new service isn’t official, speculation among industry analysts is [...]
September 15th, 2011 by Anthony West
Groupon seems to be losing the battle to stay alive on all fronts. Its closest rival, LivingSocial seems to be gaining momentum and seems set to fulfil its prediction that it would overtake Groupon by January 2012. According to online market analyst, Experian Hitwise, Groupon suffered a 50% drop in traffic weekly traffic. This drop [...]
August 31st, 2011 by Anthony West
