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Can Groupon Survive in a Crowded Marketplace?
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 signal the death knell of the daily deal business model or is there still […]
Why Groupon May Fade, but the “Groupon” Will Never Die
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 Groupon’s mailing list has been exposed to the cheeky, sometimes funny, […]
Is Groupon’s Business Model the Foundation for Failure?
Groupon claims that they are on target to make over $1 billion in sales faster than any other company. They have purchased similar one-day deal sites around the globe and re-branded them as international Groupon sites. In June of this year they filed with the SEC to raise capital for an IPO they claim will […]
Groupon Business Model vs. Val-Pak
We asked some of the top business bloggers for their take on the Groupon business model. Over the next several weeks, we will be posting these articles on the Groupon business model. Our first post is by Vicki Thomas- Groupon is in the news more and more these days and particularly so with the rise […]
Groupon Asks Investors to Ignore Their “Wildly Profitable” Statement
Is Groupon “wildly profitable”? That’s how Groupon co-founder Eric Lefkofsky described his company in an interview with Bloomberg in early June 2011. But now Groupon is singing a different tune. Groupon Inc. has filed an amended document for its planned initial public offering that asks investors to ignore Lefkofsky’s statement. But why? Perhaps it is […]
Is Delegation Part of Your Business Model? – Part 3
This post is a continuation of the discussion: Is Delegation Part of Your Business Model? Are you ready for the whole enchilada? If you can bear a twenty four minute presentation, I promise you can become a better delegator. Here’s why: Every book written discusses Fortune 500-type delegation. Small-to-midsized businesses do not need big company […]
Delegation and Your Business Model – Part 2
This post is a continuation of the discussion: Is Delegation Part of Your Business Model? Delegation is a skill un-natural to entrepreneurs. The best entrepreneurs are independent, big picture thinkers. This might make them a terrific entrepreneur, but these same qualities hinder effective delegation. If you are an entrepreneur and find delegation frustrating or un-natural, […]
Is Delegation Part of Your Business Model?
Yes! The ability to leverage the abilities of key personnel is critical to any business and business model. If key talent cannot be leveraged through any means, the business model is in trouble. Let’s take Zig Ziglar’s business model for example. Zig Ziglar is one of the all-time speaking greats. In his prime, Zig’s company […]
Barnes & Noble Catches a $900 Million Break
It looks like the Barnes and Noble business model has caught a break. We suggested that B&N could profit significantly by simply buying the faltering Borders in our column Is Barnes & Noble’s Business Model in Trouble. Evidently, good things come to those who wait because Borders has decided to liquidate all holdings and close […]
World’s most interesting business model?
What would you do if you saw an ice cream truck with a giant boob and nipple on its roof? WTF, right? Then you would have to explain to your kids that the truck was not selling any ice cream. This truck is called The Milk Truck, an on-call mobile breastfeeding vehicle. The Milk Truck […]
