There was a time not too long ago when the only way to get really, really rich was to build something amazing like Henry Ford with cars, find something valuable like oil, or get really lucky. Today, the fastest and “easiest” way for people to become filthy rich is to build an internet startup and… Continue reading The age of the billion dollar startups
It’s easy for bloggers to take shots at people who are much more successful than the blogger ever will be whenever the subject of their wrath makes mistakes that bite them later. This is one of those cases. Andrew Mason should have sold Groupon to Google when they offered $6 billion for the daily deals… Continue reading You should have sold Groupon when you had the chance, Andrew Mason
In 2011, we wrote about how Groupon must fail to save the internet. At the time, there were already some fishy things happening in the Daily Deals segment of eCommerce and more fishiness continues to pop up even today. What happened to the promising future of Groupon and its biggest competitor, LivingSocial? With Amazon revealing… Continue reading Daily deals are dying
More companies are looking at ways that will enable them to go green with their marketing efforts. However, their motivation isn’t solely driven by the want to improve the environment. These organization realize that the green movement can be good for business. From email communications to social media campaigns, the digital channel has made it… Continue reading Email and the lean green benefits of online marketing
We’ve been very critical of Groupon and its founding CEO Andrew Mason. The enigmatic Silicon Valley guy has famously shunned Google’s $6 billion bid for his company and seen his stocks fall to levels that make the shunning itself look downright ludicrous. We were critical when the shares were falling to $15. They’re hovering over… Continue reading Should Groupon founder Andrew Mason keep his job?
Stocks shot up 18% after a report that Groupon had slayed expectations from The Street to post its first quarterly profit. Better decisions on marketing spends and an increase in customers and merchants were the trigger point that marked the first real turn after a disastrous start. The company has been plagued by accounting issues… Continue reading Call it a comeback: Groupon posts profit, share prices surge
Few public companies have experienced the type of roller coaster ride that Groupon has been on in such a short time. From darling to dud to darling and back to dud, the social buying site has been on the top of daily deals for a while but has been embroiled in controversy after controversy continuously.… Continue reading Breaking down the SEC’s beef with Groupon
There is an inherent problem with the “daily deals” concept. At what point does saving money on items get trumped by buying too many items that we don’t need? The lure of getting a killer deal on something is too strong for many to fight, but is it really saving if we end up buying… Continue reading Will the Daily Deals phenomenon last?
One might argue that the concepts of “flash sales” and “daily deals” are very new concepts, but they have been working well for over a decade online. The recent attention is based on the incredible influx of users that has turned the retail cottage industry into a mega-business model of its own. Sites like Groupon… Continue reading The fantastic evolution of online deal platforms
The only thing certain about the future of daily deals is that the industry’s future is uncertain. It’s not a play on words or a failed attempt at sounding clever. If you ask 10 people where daily deals will be a year from now, you’ll probably get 10 completely different responses. The truth is, nobody… Continue reading Can Frugalo single-handedly fix the floundering daily deals phenomenon?