Startups USA: GroupOn

Showing posts with label GroupOn. Show all posts

Friday, September 9, 2011

Yipit's daily report about the transaction: industry earnings profit dips, Groupon and travel deals take off

RIP Empson-writer at TechCrunch. He did not find friends here, he is here to win and you don't forget it. You can contact him at rip [at] techcrunch [dot] com ? more

Yipit, a site that collects and recommends daily transactions, based on custom field and interests (6 million dollars and raised back in June with many VCs), released some interesting data trends today on daily transaction space. In General, July was not a memorable month for the industry daily deals, although there have been several clear winners, including all your favourite transaction site, big kahuna Groupon.

Based on data collected from more than 650 daily transactions services, Yipit discovered that the industry's total revenue fell in July to 7% in North America's largest markets — in spite of a slight overall increase proposals. The data also shows that the number of daily deals sites, decreased slightly in July, with 38 sites of deals, closing their doors, compared with 36 new sites launched.

While the big players, according to the report, Groupon in revenue decreased 4% from June, as, unlike the income fell by LivingSocial significant 18 per cent. Although the gap has widened its Groupon rival in July, income both companies declined by more than 20% in the first half of July, compared with the first half of June. However, although the Groupon in revenue in the second half of July have actually increased in the second half of June, LivingSocial has declined. Also note: Groupon more than twice the gross revenue than LivingSocial. Not a good month for Groupon in competitor.

As one might expect on the previous data, Groupon nabbed a little market share at the expense of its competitor, reversing a trend that persisted over the past several months. Groupon thus continues to maintain his iron grip on the proportion of the total market, representing almost 50 per cent of the total daily transaction market, more than doubled to 21 percent, LivingSocial and so much more than the next opponent in the list, Travelzoo and currently make up only 5 percent of the market.

GroupOn also owned a high gross transactions in July, the report said, as his Photoboom of America decide to generate income in the top 30 $575,505 North American markets. GroupOn and LivingSocial dominated the top ten gross is seen in space, six of the top 10, compared with four for LivingSocial.

Other interesting data points include the fact that, despite its relatively small chunk of market share, compared with the top dogs, Travelzoo, continued to actively expand its "local transaction", offering an increasing number of transactions available in the top 30 North American markets on 48 percent, record revenue growth of more than 35 per cent.

And it seems that just as Google you must mention in seemingly every other industry trend report, search giant is now find their way into daily transactions statistics as well as Google offers "to continue to have a significantly lower prices and revenue from a transaction than Groupon, LivingSocial deals" or according to the report. In doing so, while Google offers the average number of vouchers was only slightly less than Groupon and LivingSocial, income from transaction was significantly lower.

Google offers launched in Portland, but has expanded to New York and San Francisco. Of course while Google plans to begin making waves in new towns, especially in view of the fact that the report notes that Google offers fought in Portland in July, the creation of less that 10 per cent of the income that Groupon in Portland in July.

But perhaps the big winner in daily space "travel deals" websites, which continued to grow in July accounted for six of the top 10 deals in July — and became the third largest daily deal category with travel deals, accounting for six of the top 10 deals and almost 15 per cent of income in the industry.

Extract image courtesy dagger tools.

Yipit units and recommends the best daily deals, based on the ground and the interests of users. Yipit attracts its 330 active daily transactions from the transaction, including service and buy from LivingSocial ...

View the original article here

Thursday, August 25, 2011

I hope Amazon with Groupon challenge Groupon "goods"?

Robin Wauters is currently staff writer for TechCrunch and lead editor of Virtualization.com. In addition to its activities, professional blogging, he is an entrepreneur, the organizer of the event, from time to time the Council consultant and an angel investor, but the most important champion of the full launch. He lives and works in Belgium, a small country in Europe. He can often be found work from their home or ... ? Read More

Last week, the daily Groupon giant registered a bunch of domain names with "groupongoods" (.com, .net, .us, .info, .biz and wondering. fr). Obviously these domain names does not necessarily mean the company is going to debut by the name ' Groupon goods soon or even in the distant future, but let's assume for a moment that this is exactly what they plan to do.

Imagine if Groupon begins with his extensive sales force, which are located around the world to start focusing on opportunities in addition to restaurants, spas, massage and Pilates classes.

Better yet: what if they end up finding mutually beneficial partnerships with companies like Alice.com, Drugstore.com, Pets.com, Overstock.com, or Newegg.com, in order to be engaged in selling discount groceries, household supplies, consumer electronics and whatnot.

In theory, the fastest growing companies can apply its successful "local Chamber model and harness its huge international subscribers (about 120 million subscribers and counting) go into offering deals for groceries, household supplies and other goods, regularly purchased online. Actually, it would make sense in my head.

For example, it would be way to Groupon to diversify their income sources and to accelerate the growth of sales as the company prepares to go public without necessarily adding a lot of overhead (especially if they go on partnerships, rather than building a domestic service).

In particular it will not be the first time Groupon makes such a move. They are already cooperating with the juggernauts Expedia and Livenation is fully thanked offer online deals at travel (Groupon Getaways) and event tickets (GrouponLive), respectively.

We contacted Groupon – perhaps they cool enough not to refuse to comment on rumors or speculation. Hope springs eternal, etc.

"Goods", Groupon correctly can potentially be contenders on Amazon, which is not only known for its Amazon.com e-commerce business, but also for their grocery shopping Amazon fresh site and (acquired) Niche Internet shops for example, Diapers.com, Soap.com, Wag.com and Zappos.com.

Amazon also owns Woot, which offers daily deals on a number of points (mostly electronics).

On a sidenote: this will not be a unilateral attack. In the end, Amazon now after Groupon bread and butter, with a quiet car AmazonLocal in the United States.

GroupOn announced recently that it took a net loss of $ 102.7 million in the second quarter of 2011 to 878 million income (and lost approximately 205 million dollars in the first half of the year). GroupOn currently employs about 10 000 people worldwide.

Thus, any Groupon cats on hand to feed or deprive the above-mentioned goods Groupon rumors?

GroupOn features a daily deal on the best things to do, see, eat and buy more than 565 cities around the world. Promising companies at least ...

Amazon.com Inc. (AMZN) is a leading global Internet company and one of the most trafficked Internet retail trade throughout the world. Amazon is one of the first companies that sell products deep ...

View the original article here

Sunday, August 14, 2011

GroupOn has lost more than $ 100 million Last quarter – once again – as transition costs

Daily transactions could significantly reduce the Groupon juggernaut marketing costs last quarter, but its net loss in the second quarter of this year has almost tripled in comparison with the previous year he hired more than 1000 new officers, according to SEC filing released this morning. In principle, the company continues to grow like gangbusters but losing money like crazy in the process.

Updated financial details show that Groupon to boost income of $ 3.3 million in Q2 2009 878 million. $ in the second quarter of 2011, while net profit swung from $ 21.000 for the second quarter of 2009 for a staggering net loss of 102.7 million. dollars for the second quarter of 2011.

The net loss is reported in accordance with the first quarter of 2011, but nearly tripled to $ 36 million loss from the 2 quarter of 2010. GroupOn work more than 1000 employees in the 3-month period – sales growth for more than 4800 people causing a serious bump in "General and administrative expenses.

In total, Groupon has grown from 37 staff from June 2009 to 9.625 staff June 2011.

GroupOn serves 175 North American markets and 45 countries as of 30 June 2011. The company is 115.7 million subscribers in late in the second quarter of 2011 and said that more than 23 million customers purchased Groupons until the end of Q2 2011.

Marketing costs dropped to just over $ 170 million in Q2 of 2011, while the Groupon spent $ 208 million on marketing in the first quarter of 2011.

Interestingly, the company to withdraw its controversial income calculation of gross sales. As expected, the company has ceased, referring to a dimension called the adjusted consolidated segment operating income (ACSOI), metrics, which excludes marketing costs, as well as stock-based compensation and related subjects.

We will continue for the rest of the amended filing-may be more updates.

Two months ago, Groupon filed an S-1-IPO, seeks to bring at least $ 750 million.

The story goes on, obviously.