Daily deals gone wrong

Cupcakes102,000

Over the past year or so I’ve been a fairly vociferous critic of Chicago-based Groupon.  Not that they needed any additional scrutiny given the plentiful bad press the daily deals darling has received for their “creative” accounting, high customer acquisition costs, pre-IPO swagger, post-IPO shrinking stock price, and the questionable benefit they ultimately bring to their business customers.   Continue reading

What does this mean for the future of the daily deals industry?

Facebook dealsWhat does this mean for the future of the daily deals industry? || “Facebook kills off Groupon competitor” http://ow.ly/6fEPD

 

Consumers are loyal to the deal, not the provider of the deal

Consumers are loyal to the deal, not the provider of the deal – “Study offers grim news on deal sites like Groupon” http://ow.ly/5l5gk