Daily deals sites wikipedia

Daily deals sites wikipedia

Let s Make a Deal is a television game show that originated in the United States in and has since been produced in many countries throughout the world. The program was created and produced by Stefan Hatos and Monty Hall , the latter serving as its host for many years. The format of Let s Make a Deal involves selected members of the studio audience, referred to as "traders," making deals with the host. In most cases, a trader will be offered something of value and given a choice of whether to keep it or exchange it for a different item. The program s defining game mechanism is that the other item is hidden from the trader until that choice is made.

Category:Deal of the day services

Groupon is an American worldwide e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 15 [4] countries. By October , Groupon was available in cities in North America and cities in Europe, Asia and South America , and had 35 million registered users. The idea that would eventually become Groupon was born out of founder Andrew Mason s frustration trying to cancel a cell phone contract in Mason thought that there must be some way to leverage large number of people s collective bargaining power.

In Mason launched The Point, a web platform based on the "tipping point" principle that would utilize social media to get people together to accomplish a goal. The Point was intended to organize people around some sort of cause or goal. It gained only modest traction in Chicago, until a group of users decided their cause would be saving money. They wanted to round up people to buy the same product in order to receive a group discount.

Founder Eric Lefkofsky wanted the company to pivot in order to focus entirely on group buying. Born from The Point, Groupon was launched in November The name Groupon is a blend of "group" and "coupon". Groupon s first deal was a two-pizzas-for-the-price-of-one offer at Motel Bar, a restaurant on the first floor of its building in Chicago. The decision to focus on group buying proved wise. In just a year and a half, Groupon grew from a staff of a few dozen to over Fueled by its rapid growth, Groupon went public on November 4, Prior to the company s fifth anniversary, the Groupon website was completely redesigned and new features were added in November According to the SVP of product management, the original website was "designed for a deal of the day and the new site is designed for a marketplace.

Groupon recorded record-breaking holiday weekend sales in North America during the full Black Friday through Cyber Monday weekend of Nov. Following Amazon. On December 29, , Groupon s shares rose by 1. On September 22, , Groupon announced they would be eliminating approximately 1, positions, primarily in their sales and customer service operations. Exiting those markets was part of an strategy to boost profits. In January , Groupon signed a lease in Seattle for 42, square feet of space in the 3rd Avenue building in downtown.

This creates room for employees, up from that Groupon currently employs in Washington. In May , Groupon sued IBM , accusing it of infringing a patent related to technology that helps businesses solicit customers based on the customers locations at a given moment. Groupon filed its lawsuit on May 9 with the federal court in Chicago, two months after IBM accused Groupon of patent infringement in a separate lawsuit.

In November , Groupon began to reduce its area of coverage from 27 countries down to It shut down operations in South Africa on November 4 of that year. Groupon owns numerous international operations, all of which were originally deal-of-the-day services similar to it, but most of which were subsequently re-branded under the Groupon name after acquisition, including the European-based MyCityDeal May 17, , the South American ClanDescuento June 22, , the Japanese service Qpod.

Groupon bought the Indian deal-of-the-day website SoSasta. Prior to these acquisitions, Groupon had bought out the mobile technology company Mob. The Point, Inc. On August 4, , the company acquired Obtiva , a large Chicago , Illinois -based Ruby on Rails and Agile Software Development consulting firm for an undisclosed amount, in order to boost its technology recruiting capabilities.

In January , the company acquired Mertado, a social shopping service based on the Facebook platform. On September 24, , Groupon acquired restaurant reservation and discount site Savored for an undisclosed amount, providing Groupon with an inlet to higher-end restaurants. Groupon also announced that it would continue to operate Savored independently from the main Groupon website. In December , Groupon acquired Boomerang, a Lightbank-backed startup that allows people to share gift cards and other deals from local merchants with their friends.

On January 11, , Groupon acquired real-time location sharing mobile app and small business service provider Glassmap, which was founded and led by Geoffrey Woo, Jon Zhang and Jonathan Chang. On October 2, , Groupon unveiled Snap, a new app specifically for giving customers cash back when they buy certain items at the grocery store. Snap asks shoppers to upload photos of their receipts after they have gone to the supermarket to buy groceries.

Certain items are then eligible for discounts, which shoppers receive in the form of a cash-back deal. The new app comes from Groupon s previous acquisition of SnapSaves, a Canadian start-up that works much like Snap. In April , Groupon Inc. In late October , Groupon announced that it is acquiring daily-deals provider LivingSocial. In April , Groupon partnered with Universal Orlando theme parks.

When it first launched, the company offered one "Groupon" per day in each of the markets it served. The Groupon worked as an assurance contract using ThePoint s platform: In the early years before revenue splits began to adjust as necessary, Groupon made money by keeping approximately half the money the customer pays for the coupon. Currently, that split can vary depending on many factors. There are certain businesses to which Groupon initially did not offer its services, including shooting ranges and strip clubs; [65] however, shooting ranges have been featured on Groupon.

Unlike classified advertising , the merchant does not pay any upfront cost to participate: Groupon employs a large number of copywriters [67] who draft descriptions for the deals featured by email and on the website. Groupon s promotional text for the deals has been seen as a contributing factor to the popularity of the site, featuring a distinctive mix of thorough fact-checking and witty humor.

Groupon s primary customer base is female consumers with a college education. There are potential problems with the business model. For example, a successful deal could temporarily swamp a small business with too many customers, risking a possibility that customers will be dissatisfied, or that there won t be enough product to meet the demand. Groupon encourages new customers to try local businesses. In a TechCrunch analysis of Groupon, writer Rakesh Agrawal predicted that, over time, Groupon s merchant customer base would contract to only those businesses that could profitably exploit its business model, such as yoga studios or other services that could offer customers long-term subscriptions not bound by the Groupon terms.

When the company reported in the second quarter of that its revenues had declined along with customer growth and the amount of money existing customers spent on the site, Slate tech journalist Farhad Manjoo said Agrawal had been vindicated. In , it was reported that local merchants found it difficult to get Groupon interested in agreeing to a particular deal. According to the Wall Street Journal , seven of every eight possible deals suggested by merchants were dismissed by Groupon.

It allows users to browse and buy deals on their phones and redeem them using the screen as a coupon. Groupon is now also a part of several Daily Deal Aggregators , which helps them expand their target audience, gain traffic and increase sales and revenue. This way, users would be able to buy and share deals from Groupon on their profiles. In addition to daily local deals, Groupon s current channels are: Groupon Goods, launched in September , which focuses on discounted merchandise; Groupon Getaways, [71] which offers vacation packages and travel deals; and GrouponLive, [72] where consumers can find discounts on ticketed events—concerts, sporting events, theater, etc.

About Family Vacations recommends Groupon Getaways as an essential travel dealfinding site. Groupon has also emerged as a check on price increases for certain essential commodities in many countries. On July 16, , Groupon announced its acquisition of food-delivery service OrderUp. Groupon breaks into new markets by identifying successful local businesses, first by sending in advance a number of employees to research the local market; when it finds a business with outstanding reviews, salespeople approach it and explain the model, and use social marketing sites such as Facebook to further promote the idea.

Groupon and an Australian company, Scoopon. After a year of struggling in the established market, Goapeng subsequently merged with Futuan. Groupon New Zealand launched on 10 May Groupon entered the Indian market through the acquisition of local company SoSasta in Jan Groupon India is now known as Nearbuy and has a new website and mobile app [98]. Worldwide, there are over sites similar to Groupon, including over in the United States.

In April , Facebook began testing a social-buying program. In October , Adlibrium announced Adlibrium Dailies, the first free daily deal service for merchants which, according to estimates, reaches nearly 4 million consumers via email and mobile combined. The growth of Groupon buying also created an increase of "deal comparison websites" such as Amazon Local. Amazon announced it was closing down Amazon Local in November As of December , Chinese startup unicorn Meituan is the largest player in the daily deals space.

As Groupon looks to expand beyond daily deals to become a marketplace for local commerce, the company comes into competition with many large players. Groupon Goods competes with Amazon. Facebook is testing "Local Market", a buying and selling community powered by Facebook groups, that also indirectly competes with Groupon. From January through January , Groupon s U.

In October , Yahoo! In , Groupon developed an application, Groupon Now, aimed at smartphone and tablet users. The application consists of two buttons: Groupon have the Groupon Promise to ensure that customers are satisfied with their purchase and if customers are disappointed with their purchase, Groupon will try to work things out with the customers or give them a refund. Groupon MerchantOS is a suite of products and tools for merchants running with Groupon.

Rewards is a loyalty program for merchants to reward customers for repeat visits with a Reward of their choosing. Unlike "buy 9 and get the 10th free" punchcards, a consumer earns Rewards by using any major credit card saved in their Groupon account when they visit their favorite local merchants. When a customer spends an amount pre-determined by the merchant, the customer unlocks a Reward to use on a future visit.

Groupon Scheduler Groupon Scheduler is an online booking tool for merchants, allowing their consumers to seamlessly book appointments for services at the time of purchasing their Groupon deal. This tool is targeted at merchants running deals where appointments are required, for example in the health and beauty industry or for classes and activities. Groupon Payments The newest addition to the suite of merchant-facing products is Groupon Payments, which was launched in September Groupon Payments offers merchants an infrastructure for accepting credit card payments at a low cost.

Groupon aired a controversial Super Bowl XLV advertisement in which actor Timothy Hutton begins by making a plea for the people of Tibet before delivering the punch line: The commercial angered consumers who described the ad with adjectives including "tasteless," "tacky," "vulgar" and "detestable".

Groupon is an American worldwide e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 15 [4] countries. By October , Groupon was available in cities in North America and cities in Europe, Asia and South America , and had 35 million registered users. The idea that would eventually become Groupon was born out of founder Andrew Mason s frustration trying to cancel a cell phone contract in Mason thought that there must be some way to leverage large number of people s collective bargaining power. In Mason launched The Point, a web platform based on the "tipping point" principle that would utilize social media to get people together to accomplish a goal.

Originally the website focused on the local New York City metro area, until when the company announced a series of content partnerships and new features for user-submitted deals that armed the website with , coupons across the country. The latter is considered more appealing to younger generations ages 18—35 in comparison to traditional paper coupons.

Deal or No Deal is the American version of the international game show of Dutch origin of the same name. The hour-long show typically aired at least twice a week during its run, and included special extended or theme episodes. A daily syndicated half-hour version of the show debuted on September 8, and continued for two seasons. The game is primarily unchanged from the international format: Over the course of the game, the contestant eliminates cases from the game, periodically being presented with a "deal" from The Banker to take a cash amount to quit the game. Should the contestant refuse every deal, they are given the chance to trade the first case — chosen before play — for the only other one left in play, and win whatever money was in the chosen case.

Daily Deal

Deal-of-the-day also called daily deal or flash sales or one deal a day is an ecommerce business model in which a website offers a single product for sale for a period of 24 to 36 hours. Potential customers register as members of the deal-a-day websites and receive online offers and invitations by email or social networks. As of [update] , deal-of-the-day sites have continued to grow in popularity, although new concerns have arisen over the longevity of the concept and the financial viability of one-day deals for small businesses. The deal-of-the-day concept gained popularity with the launching of Woot. By late , the deal-of-the-day industry had greatly expanded to over deal-a-day sites. In November , Groupon entered the market and became the second fastest online company to reach a billion-dollar valuation. Other online businesses, including Facebook, [3] and Google tested their own daily deal sites, withdrawing them after they proved unsuccessful.

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Deal of the day

The business evolved out of an eBay retailing operation under the name of Auctionbrokers Australia into a full-fledged online retailer and swiftly grew to become the single largest online-only retailer in Australia. The business sells a range of general retail goods. The business positions itself as a discount retailer targeting the Australian population in general. The success of the business is based primarily on the hypothesis that selling goods online comes down to shoppers being focused bargain-hunters. The Deals Direct website has won numerous awards [2] including winning the number one online retailer award from Hitwise [3]. From Wikipedia, the free encyclopedia. This article has multiple issues. Please help improve it or discuss these issues on the talk page.


Group buying , also known as collective buying , offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. In recent times, group buying websites have emerged as a major player in online shopping business. Typically, these websites feature a " deal of the day ", with the deal kicking in when a set number of people agree to buy the product or service. Buyers then print off a voucher to claim their discount at the retailer. Many of the group-buying sites work by negotiating deals with local merchants and promising to deliver a higher foot count in exchange for better prices.

List of deal of the day services

Deal or No Deal is a British game show which was hosted by Noel Edmonds , based on the format which originated in the Netherlands that ran from to The show featured a single contestant trying to beat the Banker as they open 22 identical sealed red boxes assigned to potential contestants in an order of their choosing. The day s contestant is selected at the beginning, bringing their box to the chair. As the boxes are opened over a number of rounds, the Banker makes offers of real money to gain possession of their box. The gameplay is coordinated by Edmonds, who communicates with the unseen banker by telephone. Contestants can either deal to take the money, or play to the end, settling on the amount in their box. There was also the possibility of leaving with the same amount of money as already won money back or losing the entire amount won, thus leaving with nothing. The objective is for the contestant to obtain the highest amount of money they believe they can, whilst the Banker is trying to minimise the amount they have to pay out.

Group buying






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