Groupon is social commerce on steroids. It is a site that allows people to get group coupon deals if enough people participate. If enough of your friends and family buy then the coupon is honored, thus encouraging you to pass the deal along. It’s very contagious in a fun way and can strum up a ton of business for local businesses.
If you have a small offline business you may want to learn more about how Groupon works here. Groupon is now offered in 50 plus cities (including Toronto). This could be a ticket to help your business hit that tipping point and create huge social awareness about your products and/or services. It may even save your business.
Here Are Some Other Related Articles on Groupon You May Like:
Groupon, Twitter, Foursquare, And Yelp Will Convene At The Social …
Social currency—everybody wants it. It is not about being popular or smart or beautiful (although those things help). It is about influence, and power, and money. On the Internet, social currency takes on new meaning.
http://techcrunch.com/2010/07/14/social-currency-crunchup/
9 ways Groupon leads the online coupon industry: Church of the …
During a recent trip to Chicago, I spent some time at Groupon’s headquarters hoping to understand what makes this fast-growing company tick. What I found were the nine ways Groupon focuses on customer service in a price-competitive …
http://www.churchofcustomer.com/2010/07/in-customer-service-groupon-is-the-new-zappos.html
Deal Site Groupon Launches G-Team, Campaigns for Local Causes
Popular group-buying daily deal site Groupon has gone back to its roots with the launch of an initiative called.
http://www.readwriteweb.com/archives/deal_site_groupon_launches_g-team_campaigns_for_local_causes.php
