Deals are accessible through a mix of feeds and local media placements. LivingSocial will also be the headlining daily deal company in Examiner.com’s upcoming "Insider Deal" marketplace, an online discount center.
Coupon marketing company Valassis said today it has formed a partnership with AOL to create “one of the largest paperless digital coupon footprints in the United States, including over 7,500 grocery retail stores.”
Legend has it that Groupon turned down a $6 billion offer from Google, which if accepted would have been Google’s biggest acquisition to date. Time will tell if this was a smart move or not, but Andrew Mason, Groupon’s CEO seems fairly confident in the company’s future.
Retailer Target has introduced a new online weekly ad called “My TargetWeekly” that offers users deals.
My TargetWeekly allows users to create customized views and deal alerts so they know when items they are looking for are on sale. Users can also view coupons, see top 10 deals, share via Facebook and Twitter and create their own customized mobile shopping lists to use in-store or online.
Retailers generated nearly $31 million in online coupon sales through RetailMeNot.com in May, according to the site. That’s over a 42% increase compared to the same time last year, and that’s just through RetailMeNot.
The company has released a report looking at coupon usage and search behavior in the month of May. RetailMeNot says it’s in a unique position to track trends in the coupon industry, as it is the most highly trafficked coupon site and the only site with over 450,000 coupons for both online and in-store offers.
Consumers want online retailers to be more interactive and offer more personalization features according to a new a survey from IBM.
The changing economy has led to a smarter consumer who uses technology to make more informed buying decisions, exchange information with others, make purchases on-the-go and shop multiple channels.