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Daily Deals Sites in the US Product Image

Daily Deals Sites in the US

  • ID: 2105392
  • August 2013
  • Region: United States
  • 31 pages
  • IBISWorld
Big deal: Firms are capitalizing on penny pinchers, but the recovery will limit growth

FEATURED COMPANIES

  • Groupon Inc.
  • Livingsocial
  • MORE

Daily Deals Sites

Big deal

Daily deals sites have experience astronomical revenue growth over the past five years, due to a combination of factors. In particular, firms have taken advantage of lower disposable incomes and businesses trying to draw in customers. Furthermore, the growing number of mobile internet connections has promoted demand for daily deals sites. Nevertheless, as the economy begins to normalize, revenue growth will wane and companies will shift their strategy to boosting their profit margins.

This industry includes operators that offer discounts on goods and services for a given time only (typically 24 to 36 hours). Goods sold by the website are given as vouchers, which a consumer can redeem at local merchants for the physical good or service. The industry's revenue includes the price paid by the customer for the voucher or the coupon; profit is earned after paying an agreed-upon percentage of the purchase price to the featured business.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Big deal: Firms are capitalizing on penny pinchers, but the recovery will limit growth

FEATURED COMPANIES

  • Groupon Inc.
  • Livingsocial
  • MORE

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Big deal: Firms are capitalizing on penny pinchers, but the recovery will limit growth

Groupon Inc.

Livingsocial

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