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Customized Coupon Algorithms

The KoalaDeal Website Looks for Daily Deals Suited to You

— August 24, 2011 — Business
The KoalaDeal website is a phenomenal idea that allows users to create an account and enter some basic preferences so that the site can find pertinent daily deals. Instead of offering its own daily deals the KoalaDeal website searches the most popular services already out there.

One of the big problems associated with other daily deal sites is the great variety that comes to your email address daily. By customizing the experience of the shopper, the KoalaDeal website hopes to increase the amount of daily deals that are sold.

Implications - The daily deals market is a highly is a lucrative one because of the success of sites like Groupon and LivingSocial. There exists opportunities in this competitive market by creating services that cater to niche markets.
Trend Themes
1. Personalized Daily Deals - Creating platforms that offer customized daily deals based on user preferences can disrupt the traditional daily deals market.
2. Preference-based Algorithms - Developing advanced algorithms that analyze user preferences to curate relevant daily deals can provide a competitive advantage in the daily deals industry.
3. Data-driven Deal Selection - Utilizing data analytics to select and promote daily deals based on user preferences can revolutionize the way daily deal sites operate.
Industry Implications
1. E-commerce - Integrating personalized daily deals into e-commerce platforms can enhance customer engagement and drive sales in the online retail industry.
2. Marketing Technology - Developing preference-based algorithms for targeted advertising can disrupt the marketing technology industry by delivering more relevant and personalized promotions.
3. Data Analytics - Applying data-driven deal selection techniques can bring disruptive innovation to the data analytics industry, specifically in the realm of consumer behavior analysis and personalized recommendations.
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