Consolidation Takes Hold in Deal-a-Day Coupon Biz

Categories: Deals

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mycodetrip.com
Nobody can touch Groupon, but smaller companies are being swallowed up.
​Three Knocks, who's there? Nobody, according to the company's website. After barely seven months, this Emeryville-based Groupon-type business has bowed out.

Groupon-style promotions have been controversial for many restaurants who see them as little more than an exercise in giving away free meals, resulting in a decline of dining offers. By contrast, owners of service-based businesses rave about coupons' benefits, though on the customer side, a handful of horror stories has tarnished the industry.

That's no longer a concern for Three Knocks, Inc. CEO and founder Taylor Wang, who gets to cash out from GroopSwoop, which he founded in 2009 (New York-based BuyWithMe acquired the GroopSwoop domain last month). Online daily-deal promotion companies are going through a period of consolidation, as big players with deep pockets are acquiring smaller regional competitors. Chicago-based Groupon leads the pack by far, followed by Washington D.C.-based LivingSocial.

Here in San Francisco, TownHog, Bloomspot, HomeRun, and PinchIt, are still hanging on. Atlanta-based ScoutMob's no-money-upfront-style is gaining many local fans, while New York-based GiltCity and L.A. newcomer BlackboardEats are looking for a niche touting exclusive, members-only promotions.

Overwhelmed? Use an aggregator site like Yipit, which tracks these and other offers.

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free business listings

Looks like coupon market is grow... Great hot coupons I had been searching for! Here's to hoping I can get the deals once I get the coupons!!!      

LC11
LC11

More mergers: BuyWithMe just bought TownHog.

Guest
Guest

The information regarding the hold on a daily deal by consilidation which you have mentioned here is very nice and also much beneficial.

coupon codes
coupon codes

Online promotion of daily trading company is going through a period of consolidation for the financial strength of large companies are acquiring smaller regional competitors.

DesiSauda1
DesiSauda1

 There is a plethora of daily deal sites that have come up in the past 6 months leading to an oversupply of these sites.The latest research by Prof Dholakia (http://papers.ssrn.com/sol3/pa... suggests that there is going to be a change in the deal industry. We feel that niche players like DesiSauda Inc (www.desisauda.com) which offers great deals from South Asian establishments and are targeted are better suited to face the challenges.

AdronAshton
AdronAshton

Deal day is most deliverable coupons and use with sites. Servile of the group style coupons and it's scams to be going a late the day with. Late of the coupons to solving issues to prevents them.

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Andrew Keebs
Andrew Keebs

Controversial for other restaurants shows it's unique feature and quality. Pretty impressive to see here Washington D.C. based so many things.Dealsbell

aliciaknoll
aliciaknoll

Most of the coupon mom see coupons in our newspapers but it can be difficult to find coupons for exact product, for instance I always use printable coupons or "Printapons" search online to find your coupons 

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