Running an Online Daily Deal: Factors for Businesses

We’ve been thinking more about the one deal a day business model since our post last week, “Who’s Buying In to Groupon, LivingSocial & the One-Deal-a-Day Business Model,” which explored the demographics of users. >>Continue reading

We’ve been thinking more about the one deal a day business model since our post last week, “Who’s Buying In to Groupon, LivingSocial & the One-Deal-a-Day Business Model,” which explored the demographics of users.

In a recent post by Barrett Lane,  a blogger for Yipit, he  looks at considerations for businesses who are contemplating running an online daily deal.  We also found a post by Jim Moran, co-founder of Yipit, which sheds some interesting light on the psychology of persuasion and what motivates individuals to act on a purchase.

Last but not least, a discussion of one day a deal offers wouldn’t be complete without looking at how engaged a business is in social networking.

Continue reading under my byline on Impressions through Media.

Who’s Buying In to Groupon, LivingSocial & the One-Deal-A-Day Business Model

There’s a lot happening on the Internet these days. People are looking forward to checking their e-mails and following businesses on Facebook and Twitter all in the name of deals, not any deals for that matter, but the “one deal a day” type. One deal a day is a web-based business model in which a single type of product is offered for sale for a period of 24 hours…and operate within geographic territories.

There’s a lot happening on the Internet these days. People are looking forward to checking their e-mails and following businesses on Facebook and Twitter all in the name of deals, not any deals for that matter, but the “one deal a day” type. One deal a day is a web-based business model in which a single type of product is offered for sale for a period of 24 hours…and operate within geographic territories. >>Read my full post on Impressions through Media.