Living Social lays off 400. And some retailers are skipping Groupon completely. A recent Manta.com study found, “Only 3% of retailers got repeat customers out of daily deals promotions.” Are daily deals dead?
Daily deal sites are all the rage. Some businesses have had a great experience. Others have nearly lost their business completely. Should you do a deal? USA Today money takes a look at the phenomena and the advantages and disadvantages.
With Groupon pulling back from a planned IPO some people are starting to believe the daily deal era is over.