Goes into the repackaging of loyalty systems by big players and how it will hurt business. "Some inline quotes" "There has been a lot of excitement about the daily deal being the next
big thing in online marketing. It’s actually just a clever repackaging
of old ideas. Google’s entrance into the space with Google Offers gives
the daily deal business a legitimacy it doesn’t deserve." "There is a false perception that Internet magic is why these daily deals
are so cheap. Most accounts in the mainstream press tout the great
deals, but don’t explain where the savings come from. None of the press
coverage of Google Offers in Portland mentioned how bad the deal
economics are for businesses." -Mark |
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