Facebook Waves The White Flag - Surrenders To Groupon
Looks like their attempt to go after the Groupon market is ending.
Guess they figured out there wasn't money (or enough of it) to be made (Groupon is losing money BIG TIME).
Facebook Backs Down In Its Challenge To Groupon - The Consumerist
I know of others who have started their own local "daily deals" sites, and they are making money, they are doing pretty well. Why can't Groupon and Facebook compete? Are they just using the wrong strategy? Too many sales people?
Guess they figured out there wasn't money (or enough of it) to be made (Groupon is losing money BIG TIME).
Facebook Backs Down In Its Challenge To Groupon - The Consumerist
I know of others who have started their own local "daily deals" sites, and they are making money, they are doing pretty well. Why can't Groupon and Facebook compete? Are they just using the wrong strategy? Too many sales people?