Virtual Deal Trading

Consumers turn to daily discount aggregators to decide where to buy

Implications - The success of daily deal sites like Groupon indicates that today’s shoppers not only love a good bargain, but one that comes without so much as a click of a button. As hectic lifestyles make comparison shopping more and more difficult, online deal aggregators may become more significant in the shopping experience. Helping consumers take advantage of discounts, they also provide marketers with a different way to geo-target and segment customers.

Trend Themes

  1. Daily Deal Aggregators — Daily deal aggregators are providing a different way to shop to online bargain hunters and also giving marketers a new way to target potential customers.
  2. Group Buying Sites — Group buying sites are expanding their reach and aiming for the luxury market by leveraging social media platforms and attracting collaborations with high-end retailers.
  3. Deal-finding Search Engines — Deal-finding search engines like 'Google Offers' are competing with Groupon and opening new opportunities for local businesses to expand their reach and gain new customers.

Industry Implications

  1. Retail — Retail businesses have the opportunity to expand their target audience, increase sales and obtain consumer data through daily deal aggregators and group buying sites.
  2. Marketing — Marketing professionals have the opportunity to leverage daily deal aggregators and deal-finding search engines to target potential customers and expand brand reach and awareness.
  3. Hospitality — Hospitality businesses can leverage daily deal sites and gay-friendly online discounts to attract customers to their establishments and create a niche market targeting specific demographics.
2.9
Score
Popularity
Activity
Freshness
Patterns
Megatrends
6 Featured, 36 Examples:
337,060 Total Clicks
Date Range:
Feb 10 — Feb 11
Trending:
Mild
Consumer Insight Topics:

Featured Examples

Interactive Student Marketing
Interactive Student Marketing
LuckyStudent Offers a Unique Student & Brand Interactive Experience
LuckyStudent is a new company that improves student life by offering deals and prices on brands. The company offers an interactive experience between students and brands, in which the goal is to provide… MORE
Gay-Friendly Online Discounts
Gay-Friendly Online Discounts
Fab Deals Releases 'Big Gay Deal of the Day' for Daily Bargains
Fab Deals is following in the footsteps of Groupon and LivingSocial in offering daily discounts targeted towards gay men. Fab.com created 'Big Gay Deal of the Day' after seeing many Groupon deals geared… MORE
Daily Deal Aggregators
Daily Deal Aggregators
Urban Spoils Helps You Sift Through the Savings
While group buying sites such as Groupon mean great deals for consumers and a low risk/low cost opportunity to try new products and services, they also lead to information overload. How does a motivated… MORE
Group Buying Sites
Group Buying Sites
Socialbuy Uses Social Media to Find Luxury Bargains
“Group buying” usually evokes images of families at Costco loading shopping carts with toilet paper in bulk; however, the concept is making a modernized comeback via social media, giving consumers access… MORE
One-Stop Deal Aggregators
One-Stop Deal Aggregators
Dealery Presents the City's Best Deals Without E-mail
Dealery.com is a one-stop shop to get all the daily deals. No need to scour through multiple emails -- just go to Dealery.com to get the day's best deals in your city. Dealery features a one-page "cheat… MORE
Deal-Finding Search Engines
Deal-Finding Search Engines
'Google Offers' is a Worthy Competitor of Groupon
'Google Offers' is a new service by the innovative minds at Google. After their six billion dollar bid to buy out Groupon failed. the company decided to make their own spin-off of the deal-finding services… MORE

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