Groupon

Groupon (a portmanteau derived from "group coupon") is a deal-of-the-day website that features discounted gift certificates usable at local or national companies. Groupon was launched in November 2008, and the first market for Groupon was Chicago, followed soon thereafter by Boston, New York City, and Toronto. By October 2010 Groupon served more than 150 markets in North America and 100 markets in Europe, Asia and South America and had 35 million registered users.The idea for Groupon was created by now-ousted CEO and Pittsburgh native Andrew Mason. The idea subsequently gained the attention of his former employer, Eric Lefkofsky, who provided $1 million in "seed money" to develop the idea.
Posts about Groupon
  • Street Culture: Taking Estimote’s ‘No Barriers’ Culture Literally

    … here forever and we’ve had this vision, so who knows better the culture than we? But from the other hand, the culture is actually something you cannot define, because it’s the people who create it.” Right now, Estimote has defined a cultural framework, a starting point for employees to use when learning the “soul” of Estimote. Cieslik-Bridgen says…

    Street Fight- 26 readers -
  • FiveStars Digs Deeper Into Customer Data to Get Beyond ‘Loyalty’

    … While their initial iterations may have been about replacing merchants’ punchcards with digital equivalents, local loyalty companies are now more focused on using an increasingly deep trove of consumer data to promote repeat visits and better understand customer habits and inclinations. Street Fight recently caught up with FiveStars co-founder…

    Street Fight- 24 readers -
  • 5 Platforms to Quickly Sell Overstocked Items

    … of overstock the business has available. When customers claim merchants’ offers, Facebook can share that information with their friends as a story in their news feeds, which expands merchants’ networks and gets more people talking about the discounts being promoted. Businesses can create offers for free. 3. Groupon: Professional marketing…

    Stephanie Miles/ Street Fightin Facebook- 9 readers -
Get the top posts daily into your mailbox!