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Groupon Executive Summary

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Groupon Alternatives:
Groupon is great option for the travelers who is looking for best packages for travelling, tours and getaway. It also provides coupons and discount vouchers for other categories like beauty & spas, food & drink, health & fitness, restaurants & hotels, and many other products and services. It gives hundreds of deal to its user on daily basis.
Groupon is building the daily habit in local commerce, offering a vast mobile and online marketplace where people discover and save on amazing things to do, see, eat and buy. By enabling real-time commerce across local businesses, travel destinations, consumer products and live events, shoppers can find the best a city has to offer.
Even though Groupon is being the most hunted …show more content…

Woot: It is quite famous when compared with other alternatives for its very own deal every day process. Customer support is not considered to be best as it is not a big concern. However, they offer deals on lot of electronic appliances, home appliances, sports equipment, toys, pet supplies, jewelry, clothing and even wine! This attracts the customers in good number.

2. LivingSocial: It is second largest preferred website for Groupon. LivingSocial has two main area of service; direct sale of LivingSocial streamlined products and second is system for setting the gifts all over the world. The deals and options are available here for buying many products at a time. Electronic vouchers are offered for redeeming. This is a great site for booking special birthday dinner and gift shopping. The user can book spa packages, travel, restaurant meals and more. Check your location and monitor the deals for the day.

3. Yipit: Yipit provides deals with discounted prices and coupons. This website also provides daily deals. User can get the recent deals in their respective cities just by registering the mail id and password in the website. Email service is also provided for customers intimating the latest offers and deals elaborately …show more content…

WagJag: WagJag is one of the largest competitors in Canada. This website is similar like Groupon and well known for discounted vouchers. When customers buy vouchers and if plenty of them are sold, the customer is allowed to cash in one to acquire a product or service at a reduced price. This company only focuses on Canada.

11. Savings: As name suggests this site is well known for best discounted products, deals, promo vouchers, coupons and codes that does lot of savings to your pocket. Most of the coupons and promo codes are available at savings are totally free that just need the exploration on user’s part. For those whom savings is the main motto can opt for this website.
12. Catch of the Day: Catch of the Day is online platform that comes with unbelievable deals and coupons on daily basis. It provides promo vouchers on categories like technology, beauty, fashionable accessories and more. The best about Catch of the day is its notification system that is for who want to stay connected with the deals offered for the day.

13. MyDeal.com: It gives discount on signing up for the newsletter. Also provides free shipping on many products. There is an option of reviewing the product before buying. This is a great partner for Christmas of Birthday

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Convenient and user friendly site. Quality guaranteed! 100% money back guaranteed!

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Strengths Locally owned CanGo has the advantage of being a locally owned company. By being locally owned they are able to hold more personal promotions such as the block party mentioned in “CanGo to Unveil Online Gaming Venture” in August of 2010. Some customers may seek to buy from locally owned companies. CanGo vs. Addicting Games AddictingGames.com is a purely online gaming company is the largest online gaming site in the U.S. According to Gartner, Inc., an information and technology research and advisory company, the entire video game market is set to reach $111,000 billion by 2015 and PC Gaming makes up $21,601 billion of that (Gartner, 2013).

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The member services that people receive that are in this group is wireless discounts, credit cards, mortgages, and insurance

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This is the best opportunity that gets provided to you and you will only get it when you look for discounted uses you get proclaimed usage of coupons with needs you must want to look for as retailers are short of supplies you will need to access to the Express store. With determined use in the online business it is a required advantage you can get as you are a discount coupon user who is concerned with having uses you will look for an online retail store that cuts down on costs that get loomed as it is a store which has the responsibilities to look for your wanted necessities that will benefit you and the society you live in. There is a discounted website which is given priority and there is usage when you make your token use from a coupon website which gets prices shared and reduction is a possibility you will want proper items bought on discounts that will be beneficial as you search the Express site and look for discounted deals that are on sale and you just want them at lower rates you usually buy with and at discounts imminent to be

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The daily promotional email constantly reminds me to check out their site, whenever

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Hence Groupon has to invest a lot in marketing to retain their customers thus adding up more pressure.

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Groupon also offers travel experiences in two different ways. Those ways are either bookings or as a voucher. Another that stood out for me was Groupon new concept that they came up with is called pull (). Pull allows a customer to search thousands of deals that they can buy and use instantly. Customer who want to use the service they need go to the smartphone and select nearby.

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There is a user interface and a review forum that allows consumers to rate the product usually on a five star scale and then there is an option to write

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Groupon (a mix of “group” and “coupon) is one of the rapid growing business which deals with daily deals. Its subscribers increased at a fast pace to 50 million by the end of a year. Local corner bakery to national retailers like GAP offered offers. They introduced Groupon stores, a self-service model that equipped stores with the tools to build their own promotions in the year 2010. Their value proposition was to help local merchants introduce people to their businesses.

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Offering deals through the Groupon site, businesses are able to get consumers into the store. If consumers have a good experience, then they might return or tell their friends about the

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Groupon Groupon being a global e-commerce marketplace connecting millions of people, with their local merchants through benefits, and discounts on activities, travel, goods, and services. The compamy stands one of the fastest growing technology companies of the decade. Despite merchants becoming hesitant the company continues to expand thanks to their resources. With more than 11,000 employees worldwide, it’s becoming difficult to ignore Groupon.

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The Future of Daily Deals Groupon appears well-situated for growth, and the company's long-term strategy involves offering POS services and apps that integrate daily deals and give restaurants the ability to offer instant deals, based on real-time business. The company is developing a POS system with Breadcrumb that includes credit-card swiper, cash drawer and wireless access. Other Groupon initiatives include The company purchase Savored to give it the ability to reserve tables at more than 25,000 restaurants in 28 states. The Gnome, a tablet-based ordering system, allows restaurant staff to track cash, redeem coupons, handle credit and debit transactions and integrate with accounting and marketing software.

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Groupon is on of the largest companies that are involved in the in the local daily Internet coupon market. Their model is dependent upon networking with businesses in particular locations to create coupon deals that generate revenue. This model enables local-business exposure to Groupon’s large customer base and focuses on targeted advertising based on location. Groupon is the fastst growing and biggest daily deal, social group, buying site (Beukes, 2012). Groupon ventured beyond its domestic market almost from the start by employing an aggressive growth and globalization strategy that is generated largely by mergers and acquisitions.

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In response to similar problems, Groupon

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Not only this, great offers and discount coupons are available while shopping on these online retail markets. VARIETY OF PRODUCTS Get all sorts of national and international products without even moving an inch. This is great! Isn’t it? A Chanel’s perfume bottle which is made in Europe will be easily available in any part of India.

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