'Coupon Index' Suggests Tough Times Ahead
Consumers are clipping coupons at a rate not seen since before the 2007 recession. If you believe the "coupon index," that may be a sign of trouble ahead for the economy.
Consumers are clipping coupons at a rate not seen since before the 2007 recession. If you believe the "coupon index," that may be a sign of trouble ahead for the economy.
CEOs of struggling companies managed to avoid the axe and will head into 2013 with their jobs intact... for now. We decided to take stock of a few of these endangered executives to assess which ones will get through 2013 in one piece.
You might think that less wealthy households would be more active coupon users than their affluent counterparts, but you'd be wrong. The folks at Coupons.org recently released some startling data on trends in coupon usage in America. Here's what they found.
Popular daily-deal sites, such as Groupon and LivingSocial, work with businesses to offer group discounts for shoppers. But a new site called oBaz, which launches Tuesday, wants to reverse the model by enabling shoppers to ask for what they want.
Tens of thousands of group deals are purchased every day from sites like Groupon and LivingSocial, but between 18% and 22% aren't redeemed. All that spent-yet-unspent money is an opportunity for a secondary market, and a handful of websites are filling the gap, providing deal-holders a quick way to cash-out on offers they won't use.
People who run smaller group-buying sites say the aggregators are by far the best source of new customers and new traffic. And LivingSocial, while big and valued at $1 billion, is still a whole lot smaller than the big kahuna Groupon. So why would LivingSocial take this tack?
Groupon, the online social coupon site launched in 2008, is looking to raise hundreds of millions of dollars in expansion-related funding after rejecting a bid from search giant Google worth as much as $6 billion, Bloomberg News reported Thursday, citing people familiar with the process.
While news that Groupon has rebuffed Google's $6 billion offer has stolen the limelight, Amazon's $175 million investment in LivingSocial could end up shaking up the daily-deal business and helping the No. 2 e-coupon company gain ground against Groupon.
Group-buying site Groupon is expanding its offerings with a new Shops feature that will enable customers to see more than one deal at a time, personalized to their interests. The news comes after Google offered a whopping $6 billion for the company.
The search giant is poised to make its largest deal ever -- the $6 billion acquisition of online coupon site Groupon, according to several sources.
After rumors last month that Yahoo had offered to buy coupon service Groupon for between $1.5 billion and $3 billion, the company is seeking an undisclosed amount of venture-capital funding at a valuation of between $2 billion to $3 billion.


























