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Social Media Marketing

by Adheeth Ibrahim

Google Offers to compete againt Groupon

Posted by Adheeth On January - 22 - 2011ADD COMMENTS

Google is all set to launch Google Offers against Groupon. Google was unsuccessful in buying Groupon as the latter rejected the 6 Billion offer. The Groupon concept is hot and is spreading wild fire in almost every country with lots of groupon clones as well as local players spicing the scene. Google would never want to leave an empty presence in such a hot and booming e-commerce scene.

Google offers would be powered by Google Checkout.

Popularity: 1% [?]

I thought the overhead of selling Cars in a groupon like website is more, but i was proved wrong by Chinese groupon based website Taobao. They Sold 205 Benz cars in 3.5 hours.  Simply Amazing!

The Deal!

Real Price: RMB 176,000
Discount: RMB 40,000
Initial Pay: RMB 1,000 to reserve their purchase.

This is quite interesting when it comes to the fact that most of the group buying sites does not put high end products as Deals. It has now opened a completely new market for High End Group buying.

Popularity: 2% [?]