Groupon, LivingSocial getting killed by FB



He'll probably sue Facebook for stealing his idea. And then a motion picture will be made about it.
 
it's not like people only use one coupon site. groupon's already cemented themselves in consumer's minds. will their growth take a hit? yes. will it be their "demise"? probably not.
 
Somewhere right now, the VCs are smacking themselves for rejecting a $6bil offer. Will be interesting to see how this turns out. Very aggressive move by FB, but who could blame them...
 
I will give 3 months to FB before they pull it, same for google. Yahoo would still be planning by then.

Groupon is run by a team of hardcore sales people who actually go out to see the merchants. And they already have all our emails. Not that FB doesn't.
 
blogspotter said:
I will give 3 months to FB before they pull it, same for google. Yahoo would still be planning by then.

Groupon is run by a team of hardcore sales people who actually go out to see the merchants. And they already have all our emails. Not that FB doesn't.
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I think FB will rape them. Honestly, groupon dsnt have the kind of dedicated users FB has.
 
If Facebook makes a huge deal out of this, i think they can absolutely dominate. There are a large amount of people who dont even know what groupon is yet (fairly new concept). If facebook makes a huge announcement on the front page about this, then everyone will know... in the world... literally. Game, set, match...Facebook
 
blogspotter said:
I will give 3 months to FB before they pull it, same for google. Yahoo would still be planning by then.

Groupon is run by a team of hardcore sales people who actually go out to see the merchants. And they already have all our emails. Not that FB doesn't.
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Yes but you're forgetting most savvy merchants are already on Facebook in the form of running fan pages. Coupons could easily be implemented via the fan pages and marketed directly to the fans of the business... it's fucking perfect

Groupon is fucked!
 
blogspotter said:
Groupon is run by a team of hardcore sales people who actually go out to see the merchants. And they already have all our emails. Not that FB doesn't.
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Yes this I think, groupon hustles to sell the businesses one on one. If Facebook just makes it available but doesn't have a huge sales team out there it may not catch on.

Anyway more competition is good since groupon doesn't exactly give merchants a great deal.
 
They did a small test of this in Austin a few months ago. If you checked into any of the original Alamo Drafthouses (movie theaters), you could get a free pint glass when you presented your phone with code to the waiter. I think it did pretty well.
 
groupon 6b no-deal was the most stupid business decison ever.
Groupon has nothing, NOTHING. website that anyone can do in a week, emails, adwords data maybe, and ripping off merchants

There is nothing stoping anyone to forget about groupon because people never invested their time in it like they did in facebook.
 
oknetwork said:
groupon 6b no-deal was the most stupid business decison ever.
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It's very frustrating, like in that episode of The Simpsons where Lisa helped Mr Burns make his fortune back after going broke, and he did it by "recycling" sea creatures into a slurry. Burns gave Lisa her cut of the profits, a cheque for $10 million, and she ripped it up because of her conscience...
 
Facebook ain't the only ones... starting to look like Groupon should have accepted Google's offer. Now they really have to deal with Google Offers.

[ame=http://www.youtube.com/watch?v=BQlq6B0ZFHY]YouTube - What will Google offer?[/ame]

http://www.google.com/offers

#stupidbusinessdecisions
 
no way they will be killed by this. Yes the market is fragmenting but no single company will own it.
 
juntao65 said:
it's not like people only use one coupon site. groupon's already cemented themselves in consumer's minds. will their growth take a hit? yes. will it be their "demise"? probably not.
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That would be true if facebook didn't already have the eyeballs. Why go to another site for a service when you're already there?
 
Please, Facebook will put a dozen fresh college grads on the task and have a hard time penetrating anything beyond already internet savvy merchants.

Groupons power is in their HUGE sales force globally.

Let me know when any of you have the opportunity to turn down 5 Billion and in
I'll change my tune.
 
They don't need a sales team near what Groupon has...they're giving the shit away for free to businesses. If the businesses are web conscious enough to use Groupon, there's no doubt that they'd be using facebook also. facebook has more users, and has all the users' marketing information. do the math. they might not die but they're gonna take a pretty big hit.
 
thing with google and facebook they don't need to rape small business owner for like %50 of that already lowball offer because they don't need to spend on advertising.
 
This could work in Groupon's favour, to an extent; not in the short term, but maybe in the long term. Facebook will be getting a lot more news exposure about this than Groupon ever would. I'd bet that a good number of the articles would mention Groupon, giving them lots of extra exposure, and possibly positioning them as the underdog.
 
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