Industry hopes code of conduct will improve group buying experience
Players in the group buying industry have voiced their optimism that a new code of conduct released to improve daily deals experience for all parties involved.
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Group buying code of conduct comes into being
Australia now has an official group buying code of conduct, designed to boost consumer confidence in the platform and ensure they make informed choices about purchases, and to promote compliance and best practices within the industry.
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LivingSocial overtakes Scoopon, Groupon
LivingSocial has outgrown its rivals to become the clear leader in the local group buying market, according to Telsyte’s latest report.
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Businesses report satisfaction with group buying experience
An independent study has found 95 percent of businesses that have sold their products of services through group buying sites were happy with the experience, and many would do it again.
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Mothercare tops LivingSocial records
Mothercare has broken the record for sales on LivingSocial, with over 21,643 vouchers sold in seven days at a total pre-discount retail value of $2.9 million.
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Scoopon Travel takes flight
Scoopon has boosted its presence in the travel and hospitality market by launching Scoopon Travel, a new dedicated site delivering deals on flights, accommodation and travel packages.
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Why location is the future of group buying
In a guest post for Dynamic Business, DealFetch Co-Founder Stas Belkov tells why location targeting is the only way forward for the group buying phenomenon.
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Groupon to operate under new domain
Groupon Australia has announced it will no longer operate under the Stardeals brand it’s been utilising since February, with all traffic to be redirected through to Groupon.com.au.
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Leibovich brothers scoop their own $80 million deal
In a more than crowded market of group buying and other eCommerce sites, CatchOfTheDay and Scoopon have gone from start-up to $200 million business is just five years. Jen Bishop spoke to founder Gabby Leibovich, who runs the businesses with younger brother Hezi.
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Looking at the daily deals addiction
Morris Bryant offers up an alternate view about the benefits to business of the group buying market.
“The deals addiction isn’t going to keep the industry afloat, it’s only going to ruin it – but the problem doesn’t just lie with consumers.”
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Video interview: Dean McEvoy, founder of group buying site Spreets
In this video, Dynamic Business blogger Jack Delosa interviews Dean McEvoy, founder of Spreets. The group buying site was sold to Yahoo!7 for $40 million in January, just 10 months after the business was started.
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Which is the best group buying website? Daily deal sites vie for top spot
Australians may be addicted to a bargain and flocking to the numerous collective buying websites in droves but are some better than others, and is the customer base large enough to go round? If the answers is “yes”, and “no”, that may explain why the various daily deal sites are tripping over each other to proclaim themselves leader of the pack.
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OfferMe ‘groupon clone’ forced overseas to secure venture funding deal
OfferMe, the first company to bring Groupon’s group coupon buying model to Australia, announced that it has had to look outside Australia for investors, but is on the verge of finalising a Series A round of substantial venture funding.
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Cudo.com.au now the #1 ‘Groupon clone’ in Australia
Cudo.com.au the NineMSN affiliated Groupon clone that launched in September last year has taken the crown of the most visited site in its category just as rival Spreets was bought by Yahoo!7 for $40million.
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Spreets acquired by Yahoo!7 for $40 million
Spreets, one of the many Groupon clones to startup in Australia has been bought online media company Yahoo!7 for around $40 million in the wake of similar deals by Channel Ten with OurDeal last year and rival NineMSN backed Cudo.
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Jump On It secures $5 million in funding from LivingSocial
Jump On It, one of the myriad Groupon clones in Australia yesterday announced it has secured nearly $5 million in funding from US online group buying company LivingSocial.
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Groupon clone ‘OurDeal’ gets investment from Network Ten
Groupon clone ‘OurDeal’ has been bought into by Network Ten today, with the broadcast network looking to leverage its mass consumer reach to promote OurDeal’s discounts and offers.
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Catchoftheday.com.au catches on for Gabby Leibovich
Catchoftheday.com.au was founded in 2006 by Gabby Leibovich and his brother Hezi. Loosely modelled on an American concept of one deal, every day, the business has caught on in a big way in Australia, topping the Hitwise rankings in its category.
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‘Groupon’ competition heats up with OurDeal
Groupon clone OurDeal is hoping online group coupon ordering won’t be an ordeal as it tries to replicate the success of Groupon clones Spreets, Ouffer and Jump On It in the Australian market.
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