And just like that, the daily deals era may be over
There is much truth in Ben Parr’s Mashable story about the end of the “Daily Deals Era”. The end of Facebook Deals last week was viewed as a benefit for sites that specialize in the arena such as Groupon and Living Social, but now it might have sparked another question: what did Facebook learn that made them pull out so quickly? The concept is a brilliant one. Connect businesses and individuals in a way that is beneficial to both by applying the rise of social media into a bulk-buying arena. The concept was strong but there was one major flaw – the hype machine can only cover up the truth for so long. Many…