Nathan Barton submits:I'm compelled at my initial findings on this idea and wanted to share. As many of you know, there is a phenomenon known as Groupon that has been sweeping the nation and is now moving into other countries as well. For those unfamiliar, what Groupon does is negotiate one really great deal in your city each day at a huge discount (normally 30-90% off) and send it to you in a nice morning e-mail. These deals may be for local restaurants, spas, or fun activities.
Amazon will shut down its "daily deals" site Amazon Local on December 18, 2015, according to its website. Any vouchers you have already bought won't be affected by the change, and you'll be able to purchase deals as you normally would until the shutdown date. Here is the notice posted on Amazon's site:
Facebook and Pinterest don't own the social commerce space. Other players, from daily deals site Groupon to Chinese e-commerce giant Alibaba, have also tried to leverage social ingredients to boost retail sales, drive user engagement, and build brand loyalty.
SAN FRANCISCO (Reuters) - Marketing executive Barry Judge is moving from troubled retailer Best Buy Co to another struggling firm: daily deal provider LivingSocial. Judge will be the chief marketing officer at LivingSocial, the second-largest daily deal site behind Groupon Inc . He will oversee all aspects of marketing for the company, including advertising, brand management, social media, and communications, LivingSocial said on Tuesday. ...
Online bargain site LivingSocial is buying French daily deal site Dealissime.com in a bid to take on Groupon in France.The Washington-based LivingSocial announced on Wednesday that it was buying Dealissime and an online display advertising company founded by a former Google executive, SocialMedia.com.Financial details of the acquisitions were not disclosed."LivingSocial looks for companies that have similar values and ways of working," LivingSocial co-founder and chief executive Tim O'Shaughnessy said.
LivingSocial has a new Chief Marketing Officer. It has hired Best Buy's former CMO and Executive Vice President, Barry Judge, who will now oversee all of the daily deal site's online and offline advertising, brand management, social media and more. His mission is to help LivingSocial expand further internationally.
Groupon Inc's fourth quarter got off to a strong start in October as the largest daily deal company's growth outpaced that of its closest rival, LivingSocial, industry data tracker Yipit said on Thursday. ...
By John Helzer:Below I have plotted the World Wide Semiconductor Billings(data from SIA) vs. the S&P 500. As one would expect they correlate fairly well.The arrows are the Economic Cycle Research Institute' public announcements on the business cycle's turning points.