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Groupon, Inc. is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 [2] countries. Based in Chicago, Groupon was launched there in November 2008, launching soon after in Boston, New York City and Toronto. By October 2010, Groupon was available in 150 ...
The site has been described as a mix between other coupon websites like Groupon and Living Social, but also combining location-based dynamics like FourSquare. Emergence of Shoppe. In 2012, the company launched Shoppe by Scoutmob, "an ecommerce marketplace showcasing locally-made goods and the creators behind them."
More succinctly, social commerce is the use of social network (s) in the context of e-commerce transactions from browsing to checkout, without ever leaving a social media platform. [3] The term social commerce was introduced by Yahoo! in November 2005 [4] which describes a set of online collaborative shopping tools such as shared pick lists ...
"Groupon is a spectacular company," the source said, describing the board's view. "We thought of something and we did it and now 2,000 people have copied us, yet we still have 70% of the market ...
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LivingSocial is an online marketplace that allows its registered users to buy and share things to do in their city. [5] Formerly headquartered in Washington, D.C., LivingSocial had roughly 70 million members around the world in 2013. [2] The company shrank from a peak of 4,500 employees in 2011 to about 200 in 2016.
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Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
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