By Sramana Mitra and Melanie Blake Deal Radar ends 2010 with a company that has made as many headlines this year as it has dollars – Groupon. Just a few weeks after turning down a $6 billion offer from Google, Groupon plans to raise $1 billion in private funds. First reported on VC Experts and
As we saw in the recent Tech Stocks post on Amazon and eBay, retail analysts expect e-commerce to increase at a much higher rate than traditional sales this November and December. Social commerce is still small: blogs and social networking sites are the first step in the shopping process for just 3% of customers. But
Deal Radar, which has covered various aspects of the emerging area of social commerce, looks today at ShopSocially, a shopping recommendation engine and a site where friends can give and get shopping advice. It also has a social commerce platform that retailers can integrate into their own sites to harness the power of social recommendations.
By guest author Praveen Kumar In a new flavor of the daily deals trend, FreeLunched works with retailers to offer promotional giveaways and allows users to post product reviews. While the original free lunch was just that – lunch, for those who bought a drink, in a custom thought to have begun in the saloons
In a new twist on the hyper-local and “daily deals” trends, Off The Quad combines a daily lifestyle, events, and entertainment e-newsletter accompanied by local specials for students at several U.S. universities. It has just launched in time for the fall semester.
LivingSocial is an online community that connects more than 85 million people and powers group buying through Deals, its social commerce program. Through Deals, LivingSocial users and their friends can save 50%–70% or more each day on restaurants, spas, sporting events, hotels, and other local attractions in major cities. The company is also the creator
Bazaarvoice uses the strength of social commerce to help companies build their business. Social commerce employs collaborative social media tools to assist in online buying and selling; to generate user content and customer reviews; and to connect customers to one another, increasing a company’s sales and customer base.