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Here you will find news, insights, and our thoughts on the Group Buy and Daily Deal industry. If there is anything specific you would like us to research and write about, or if you're interested in making a guest post, please contact us!
Your mission this year is to save money. But as much as you want to pinch your pennies, you can't let go of your spa treatments. After all, you still need to get your hair cut, and you can't let your glowing complexion get dull and spotty. Not to...
Originally posted on Inside Halton on January 27, 2012.
The deal-of-the-day website WagJag.com is partnering with Zarky’s Fine Foods to bring area residents exceptional savings on groceries with only a few clicks of a mouse.
So far WagJag.com deals have ranged from discounts at restaurants and spas to discounts on clothing. Consumers are sent a printable electronic voucher, good for the item offered.
As of Monday, Jan. 30, deals at Zarky’s Fine Foods will also be featured on WagJag.com.
“This is sort of the evolution of the flyer,” said Graeme McIntosh,...
Originally posted on Daily Deal Media on January 24, 2012
Consumers love a bargain. The proliferation of daily deal sites online has grown in response to consumer demand. Currently there are more than 600 daily deal sites offering consumers 50 to 90 per cent discounts on a diverse array of goods and services. Consumers spent more than $1.1 billion on daily deals in 2010. Daily deal industry leaders include Groupon, Living Social, Gilt City, Travelzoo, Bloomspot, DealFind, Lifebroker, Woot and kgb.
Groupon, the first and still the largest daily deal site, features daily...
BELLEVUE, WA, Jan 23, 2012 (MARKETWIRE via COMTEX) -- Expedia.com(R), the world's leading online travel agency, today introduced the Last-Minute Deals program, which relies on user-generated deals and user-informed travel trends to lift up and showcase the best near-term travel deals. Several million travelers come to Expedia.com every day to search for travel deals. Last-Minute Deals harnesses their collective effort and shares it with the world.
Unlike other flash sales programs, which are...
Originally posted on CBC.ca on January 23, 2012.
Three coupon companies are refunding all online coupons issued for an Ottawa butcher that has stopped accepting the vouchers.
Aubrey's Meats has said financial difficulties after its owner's sudden death forced it to stop accepting and selling the online coupons it had advertised.
The coupons were used to bring in new customers and new revenue, but the...
Originally posted on Reuters on January 4, 2012.
By Alistair Barr
(Reuters) - Groupon Inc's main business grew in November as the largest daily deal company extended its lead over rival LivingSocial, according to estimates released on Wednesday.
Groupon's gross billings totaled $154 million in November, up 6 percent from the $145 million it collected in October, Yipit estimated.
LivingSocial's gross billings declined 5 percent to $52 million in November, versus the previous month, Yipit also estimated.
Gross billings are a closely watched measure of how much...
Group Buy/Daily Deal websites (like Groupon, Living Social, Teambuy, DealFind, etc.) provide deep discounts to consumers from participating vendors, ranging from restaurants to spas to mail order (online only) products.
Just like any other marketing tactic, vendors gain exposure to the users of the Group Buy/Daily Deal site, which can range from thousands to even millions of consumers. The advantage for the vendor is that there are no up-front costs to participate in a Group Buy/Daily Deal (as the website takes a percentage of each sale). The disadvantage is that the...
Originally posted on Reuters on January 13, 2012.
Online retailer Rue La La, has stepped back from its Rue Local daily deal business, the latest Groupon Inc rival to hit trouble.
Rue Local, which offered daily deals in cities including New York, Los Angeles and Washington D.C., is outsourcing its sales force to another company, a spokeswoman said on Friday. She declined to identify the company.
Smartbargains.com, another business run by Rue La La, will be consolidated into the main company, she added.
The changes resulted in an 11 percent reduction in jobs at...
Originally posted on Yipit.com on January 4, 2012
Groupon grew 6% in November, outpacing the broader North American Daily Deal industry
Groupon benefited from record performance in its travel and consumer products segments early in November, while LivingSocial saw a 5% decline during the month
The Thanksgiving Holiday led to significant declines for all major players towards the end of November
November’s Yipit Data Report reveals the North American Daily Deal industry, adversely affected by seasonal factors related to...
Originally posted on GroupBuyingCanada.com.
From Mukul Verma of Daily Deal Tips: Here are a few predictions we at Daily Deal Tips offer for 2012.
1. Expanding The Daily Deal Market
This year I moved to a smaller city (130,000 people), well not that small, however compared to Toronto (4.5 million people), it is a lot smaller. Many people here have not even heard of daily deals or if they have its only Groupon or WagJag. Groupon since it is in mainstream news and WagJag since they are marketing in mainstream media like newspapers etc. In 2012, the daily deal industry...
The sign posted in the butcher shop informed customers of the halt in coupon purchases. (CBC)