It’s hard to escape the flood of daily deal offers in pop-up ads and your e-mail in-box. You can’t swing a mouse without hitting a daily deal from Groupon, LivingSocial, or one of hundreds of other sites. Millions of consumers …
Groupon
A Deal Just For You: Niche Sites With Deals for Moms, Dudes, Jews, Dog Lovers, the Military & More
All along, skeptics said that the enormous success of daily deals couldn’t be sustained in the long run. And indeed, in recent months, the industry appears to have suffered some setbacks. Roughly one-third of all deal sites …
Groupon Shares Tumble 15% After Fourth Quarter Loss
Online discount service Groupon continues to grow at a rapid clip, but the company is still losing money, posting a $42.7 million loss for the fourth quarter of 2011. Groupon shares fell over 15% in after-hours trading Wednesday …
Deals as Debit Rewards? Bank of America Brings Back Debit Card Rewards With a Twist
If you think your bank’s CEO lies awake at night thinking of ways to take away your customer perks, here’s a surprise: debit rewards are coming back. Sort of. Bank of America is testing a pilot of a new merchant-funded reward …
Spin for Extra Discounts with Groupon’s Creepy New Gimmick, ‘Clicky’
The new game/marketing promotion from Groupon is called Clicky. That rhymes with “icky,” an apt description of the “Clickable-Value Wheel” that looks like a carnival game of chance, only with a human mouth and eyes, producing a …
Groupon Remorse? Most Merchants Won’t Run Daily Deals Over Next Six Months
In a new survey, roughly 400 hundred businesses that have offered special discounts through Groupon, LivingSocial, and other daily deal sites in the past were asked if they had plans to run daily deals in the future. More than …
Big Deal: A Major New Player (eBay’s PayPal) Enters the Daily Deal Market
Without question, Groupon has been a tremendous business success story thus far, inspiring the legions on copycat daily deal sites, along with the previously unheard-of notion that coupons can, in fact, be cool. The latest major force to leap into the field dominated by Groupon and LivingSocial is PayPal, which is expected to start …
How Smartphones, Price-Check Apps, and Daily Deals Are Changing Black Friday—and the Entire Holiday Shopping Season
Smartphones—and therefore, deals—are everywhere this holiday season. This means that shoppers should have an especially easy time getting the best price on gifts. Then again, it also means that retailers have an especially …
Fashion Faux Pas: When Regular Deals Beat Flash Deals
Flash sales and daily deals from the likes of Groupon and Gilt succeed in two key ways: First, the big, prominently featured discount off the original retail price gets consumers excited by the prospect of a great value; second, …
Increasingly, Black Friday Is a Day to Stay Home, Not Hit the Mall
The day after Thanksgiving has become the official kickoff for the holiday shopping season. It’s also become a day to exhibit nonsensical consumer behavior, such as waiting outside for hours in the freezing cold at stores that …
Groupons For Weddings? Woman Saves Nearly $3,500
Extreme couponing, meet the daily deal craze. A mother-of-the-groom in the Washington, D.C., suburbs wedded these two hot money-saving trends by using a total of two dozen daily-deal site coupons to save $3,434 on her son and daughter-in-law’s rehearsal dinner.
Daily Deals: More For the Rich Than the Poor, More About Spending Than Saving
The main selling point for Groupon, LivingSocial, and other daily deal vendors is how much the consumer saves through the use of discounted vouchers. But a couple of new studies demonstrate a point that should be obvious, but …