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GROUPON PRESENTED BY: 1.Mohd Arif 2.PinkyGhildyal 3 .AashishDhar 4.BushraZaheer khan
INTRODUCTION
INTRODUCTION
GROUPON OFFICIAL WEBSITE
GROUPON BUSINESS MODEL
GROUPON-BUSINESS MODEL Offers Groupon (group coupon) in each market it serves Works as an assurance contract Reduces risk for retailers Company earns approximately  50% of what customer pays for a coupon
GROUPON-BUSINESS MODEL Merchant does not pay any upfront cost to communicate Consumers interested in buying products are entertained through e-mail Entry into new markets Use Social networking site to promote ideas
GROUPON-BUSINESS MODEL Promotional text for deals contributes to the popularity of the website Customers received coupons, some of which included  coupons from FTD and Gap
GROUPON-BUSINESS MODEL PROS Buzz factor  price  discrimination Negative  working  capital Delivered  benefits to the consumer segment Power as an online marketing/advertising tool was immense
GROUPON-BUSINESS MODEL CONS Groupon  redeemers  were price sensitive Model did not lay stress on repeat visits Profitable deals fetched less repeat value Model did not encourage awareness  and trial elements Merchants did not show interest in doing business again
VALUE CREATION
Value creation Power as an online marketing/advertising tool was immense Delivered  benefits to the consumer segment Negative  working  capital price  discrimination Buzz factor
TARGET GROUP
Target group ,[object Object]
 The deals are often focused on the health, fitness and beauty markets.,[object Object]
ALTERNATIVE APPROACHES
ALTERNATIVE APPROACHES IN  PRODUCT/MARKET  DEVELOPMENT Leveraged centralized call centers Population centers and internet usage patterns Pairing zip codes Sales  force still needed in  new markets especially small stores
Groupon introduced  a new concept known as Groupon Store Concept of group buying was done away. There was no minimum discount threshold Difference  in merchant payment
Groupon  Merchant Services platform E-commerce solution for merchants GrouponWorks.com offered  an array of services
In March  2011 Groupon announced plans for Groupon  Now Groupon-Now an innovative mobile application Focus more on providing immediate offers based on user, location and preferences
GROUPON  COMPETITORS
GROUPON-COMPETITORS
[object Object]
  More about social discovery
  Did not require tipping  points for the deal to become active
  Employed local sales force in each city it was operating(B2B),[object Object]
  Believed in the notion of attainable luxury
  Betterment of merchants,[object Object]
  Deals were live for a full week rather than 24 hours
  Sales representatives personally visited each merchant that ran a deal(B2B),[object Object]
 Introduces one new deal every day in each of the local markets it serves. 

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Groupon1

  • 1. GROUPON PRESENTED BY: 1.Mohd Arif 2.PinkyGhildyal 3 .AashishDhar 4.BushraZaheer khan
  • 3.
  • 6.
  • 7.
  • 8.
  • 10. GROUPON-BUSINESS MODEL Offers Groupon (group coupon) in each market it serves Works as an assurance contract Reduces risk for retailers Company earns approximately 50% of what customer pays for a coupon
  • 11. GROUPON-BUSINESS MODEL Merchant does not pay any upfront cost to communicate Consumers interested in buying products are entertained through e-mail Entry into new markets Use Social networking site to promote ideas
  • 12. GROUPON-BUSINESS MODEL Promotional text for deals contributes to the popularity of the website Customers received coupons, some of which included coupons from FTD and Gap
  • 13. GROUPON-BUSINESS MODEL PROS Buzz factor price discrimination Negative working capital Delivered benefits to the consumer segment Power as an online marketing/advertising tool was immense
  • 14. GROUPON-BUSINESS MODEL CONS Groupon redeemers were price sensitive Model did not lay stress on repeat visits Profitable deals fetched less repeat value Model did not encourage awareness and trial elements Merchants did not show interest in doing business again
  • 16. Value creation Power as an online marketing/advertising tool was immense Delivered benefits to the consumer segment Negative working capital price discrimination Buzz factor
  • 18.
  • 19.
  • 21. ALTERNATIVE APPROACHES IN PRODUCT/MARKET DEVELOPMENT Leveraged centralized call centers Population centers and internet usage patterns Pairing zip codes Sales force still needed in new markets especially small stores
  • 22. Groupon introduced a new concept known as Groupon Store Concept of group buying was done away. There was no minimum discount threshold Difference in merchant payment
  • 23. Groupon Merchant Services platform E-commerce solution for merchants GrouponWorks.com offered an array of services
  • 24. In March 2011 Groupon announced plans for Groupon Now Groupon-Now an innovative mobile application Focus more on providing immediate offers based on user, location and preferences
  • 27.
  • 28. More about social discovery
  • 29. Did not require tipping points for the deal to become active
  • 30.
  • 31. Believed in the notion of attainable luxury
  • 32.
  • 33. Deals were live for a full week rather than 24 hours
  • 34.
  • 35.  Introduces one new deal every day in each of the local markets it serves. 
  • 36.
  • 37. Features discounts, coupons, gift certificates, and gift cards
  • 38.