Special Deals Are Everywhere
Have you noticed how many websites are spring up these days offering special deals. Their popularity seems to have exploded recently as we all want to save money on the things we buy. There is even one around especially targeting free things.
Now it seems like the really big boys with deep pockets want to get in on the act. Google and Facebook are about to invest a lot of money in this market. They have so much power and traffic that they could have an edge over their competitors.
I found a very interesting article at MBA on how they compare to some already existing sites. I hope you find this chart interesting, it tries to point out the differences and similarities between them.
[Source: OnlineMBA.com]
Follow me on Twitter here
Like this post? Subscribe to my RSS feed and get loads more!
What an interesting chart. These companies are worth some big big money. I have personally never understood the concept behind groupon so it does not jive with me. I like the advertising component through relationship marketing better. Thanks so much for sharing this.
Nicole Rushin recently posted..Where the Sand Meets the Sea
That is a great spreadsheet on all the main competitors. It really is amazing how much that idea has taken hold with consumers! I was talking to a small version of groupon just recently about advertising my business there.
Wow – thanks for sharing information about these sites. I never knew there were so many of them! Really eye-opening. It's exciting to see the different ways people are using the internet for business.
Lori
Lori Tisot recently posted..Backing Up Facebook Profiles and Fan Pages – A Few Solutions
Hi Trevor,
An amazing and simple comparison no doubt.
This also goes towards showing that it could be the big boys who are best-suited right now to capitalize and profit from this niche, leaving smaller players no choice except to innovate and come up with creative solutions.
Although a still-growing pie, it will explode with players in no time.
It remains to be seen how individual marketers will position themselves there, though I personally have little appetite for this niche, for my own reasons.
Yasser
Yasser Khan recently posted..Don’t Believe A Word You Read In This Post
Yes Yasser, now that the big boys are getting in there I am sure there will be lots of sites hanging on to their coat tails.
That graphic is pretty amazing, it seems lately that FB and Google can do just about anything they want and usually do.
Why? because frankly they can and have the money for it, however some of the things Google does and have heard what they plan or are allready doing don't sit too well with me. It is a bit too much of a "big brother" aspect to it.
I wouldn't be surprised if FB or big G buys up its competition in these markets or any markets and if I am not mistaken they may already have in other avenues of their business.
Glad to see Facebook and Google are taking up some innovations of giving back to it's traffic, providing everyone with opportunities for great savings and deals.
That graphic is such a good comparison between all of the different companies, the more competition there is, the more innovative companies have to be, and the better deals they have to give out to us
.
Thanks for sharing Trevor!
Brandon Wraith
Knowledge is POWER
Brandon Wraith recently posted..Do Things…Without Thinking!
Trevor many thanks for all the tips. I have no doubt we all want to save our hard earned cash in these uncertain economic times. Thanks you for putting a list of the money saving sites together.
Rosemary recently posted..Do you Fear Confidential Data Loss As Much as the Theft of your Laptop !!
Hi Trevor,
I would like to say thank you for sharing to us those tips, you given us an Idea how to do it, and for me this is really useful in my site.
Alice Santos recently posted..used laptops
This information is what I really need, free giveaways. We can earn from it. cause we all know that almost all the country around the world have their own crisis.
Grace Blando recently posted..fobus
Google and Facebook have so much influence in the web that they could have an great advantage over their competitors.