by admin | Jul 30, 2011 | Business Model Design, Business Model Innovation, Business Model Secrets
I think the best way to evaluate GROUPON is the old fashioned SWOT analysis developed by Albert Humphrey. By way of reference SWOT stands for Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business plan. Below we will look at GROUPON’s...
by admin | Jul 30, 2011 | Business Model Design, Business Model Innovation, Groupon business model, Groupon copycats, Web Business Models
If imitation is the highest form of flattery, then daily deal site, Groupon, has been highly complimented by the countless copycat companies that have emerged recently. Could these copycats be eroding Groupon’s business model? Perhaps. But, by continuing to...
by admin | Jul 29, 2011 | 4 hour workweek, Business Model Design, Business Model Innovation, Business Model Secrets, Funnel Bug, FunnelBug, Tele-commuting
Recently, a client of mine decided to leave his software development business behind and take a one-year RV trip with his wife and two young children. Went from project based web development firm to creating a product called “FunnelBug.” Many of us might...
by admin | Jul 29, 2011 | Business Model Design, Business Model Innovation, Business Model Secrets
Yipit’s analysis of Groupon’s declining hold on the daily deals space indicates lower customer engagement, fewer deals sold overall and falling average revenues per subscriber for the email deal industry leader. In light of the company’s looming IPO, do these changes...
by admin | Jul 29, 2011 | Business Model Secrets, Business Model Tips, Business Model Trends
A week before Groupon’s now infamous IPO was announced, the New York Times wrote a touching introspective on the company. Titled “Funny or Die,” the article suggested that Groupon’s success hinged on a simple and familiar commodity: words. Anyone who has signed up for...