While Yelp’s daily deal segment got off to a strong start, things have been getting worse ever since. But, in August, things got dramatically worse as revenue declined 52% based on Yipit Data. So, what happened? Over the last 6 months, Yelp has been generating less and less revenue per deal as competition in the [...]
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Here’s What Really Happened to Yelp Deals
by Vinicius Vacanti on September 1, 2011 in Daily Deal Industryand Data Analysisand TrendsArchive for the ‘Trends’ Category
Here’s What Really Happened to Yelp Deals
by yipit on September 1, 2011 in Daily Deal Industryand Data Analysisand TrendsFive months ago, Travelzoo, an old internet 1.0 company, decided to expand their business by launching a Groupon competitor. In September, Travelzoo Launched a Groupon Competitor They have always been known for sending a weekly email with travel deals to their 21+ million subscribers. Why not try to send their subscribes some of these local [...]
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Here’s What Really Happened to Yelp Deals
by yipit on September 1, 2011 in Daily Deal Industryand Data Analysisand TrendsUpdate on Prediction #2: Groupon is confirmed to run pregame spots on Super Bowl XLV. The company attempted to purchase game spots, but the inventory was already sold out (AdAge). Ahh predictions posts, truly a misalignment of incentives: the only ones worth reading are the most outlandish. Fortunately, we’re writing about the Daily Deal space, [...]
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Here’s What Really Happened to Yelp Deals
by yipit on September 1, 2011 in Daily Deal Industryand Data Analysisand TrendsFamily focused Daily Deals service, DailyD raised $5 million according to a southern California news site and their SEC filing yesterday. DailyD’s chairman is LowerMyBills.com founder Matt Coffin - he sold the company to Experian for $330 million in 2005. DailyD faces steep competition in the Family vertical, including doodledeals (who has inked a distribution partnership with [...]
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Here’s What Really Happened to Yelp Deals
by yipit on September 1, 2011 in Daily Deal Industryand Data Analysisand TrendsIt was an honor to be a part of today’s webinar: Local Social Commerce – The Explosion of Group Buying. Perry Evans, Greg Sterling and I shared some thoughts on the Daily Deal space and did some Q&A. The webcast is available in its entirety here, and my slides are below: Yipit Webinar 8-19-10 Thinking [...]
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Here’s What Really Happened to Yelp Deals
by yipit on September 1, 2011 in Daily Deal Industryand Data Analysisand TrendsUPDATE 7/21: This post was re-published on Business Insider. If you’ve been following our Daily Deal tracker recently, you’d know that the list has grown to over 110 Daily Deal companies across the US (running hundreds of different individual deals). How are these sites growing amidst an increasingly crowded space? One strategy has been verticalization, [...]
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Here’s What Really Happened to Yelp Deals
by yipit on September 1, 2011 in Daily Deal Industryand Data Analysisand TrendsUPDATE: Kim-Mai Cutler from VentureBeat reported on this analysis on June 28, 2010. UPDATE: This post appeared in Silicon Alley Insider on July 6, 2010. The Daily Deal competitive landscape is an extremely intense land grab for email subscribers. Here we review some of the fastest growing new entrants, and explore the keys to their [...]
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Here’s What Really Happened to Yelp Deals
by yipit on September 1, 2011 in Daily Deal Industryand Data Analysisand TrendsImage courtesy of iStockphoto, Petrovich9 This article was originally posted on Mashable Business. Everyone loves a great deal, so it should come as no surprise that online daily deals are more popular than ever. Today, there are over 90 websites that offer consumers all over the country, deep discounts on everyday products and services. It’s a practice [...]
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Here’s What Really Happened to Yelp Deals
by yipit on September 1, 2011 in Daily Deal Industryand Data Analysisand TrendsWe’ve had a lot of conversations recently regarding M&A in the Daily Deal space and whether we should expect “roll-up” of the regional players into larger, more formidable competitors. Initially, this made a lot of sense to me. Like the radio station, waste management and ISP markets, the daily deal space is characterized by many independent [...]
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Here’s What Really Happened to Yelp Deals
by Jim Moran on September 1, 2011 in Daily Deal Industryand Data Analysisand TrendsWe’ve had a lot of conversations recently regarding M&A in the Daily Deal space and whether we should expect “roll-up” of the regional players into larger, more formidable competitors. Initially, this made a lot of sense to me. Like the radio station, waste management and ISP markets, the daily deal space is characterized by many independent [...]