Experian Hitwise found that 52% of surveyed consumers were overwhelmed with the volume of daily deals they receive. Traffic for social shopping giants Groupon and LivingSocial is also reported to be down, although the report did not account for mobile or app traffic.
Foursquare users will find the deals within the Explore tab, and, if interested, can purchase them immediately. The social network hasn’t disclosed how much of the revenue it will reap from the specials.
Bloomberg food critic Ryan Sutton founded website The Bad Deal to alert shoppers to what he feels are very bad buys from social commerce sites, like Gilt City. Why? In an interview posted on HuffPost Food, Sutton says: “…lower food prices don’t make bad food taste better, it simply makes the meal more tolerable.”
Facebook users who view certain ads on the social network will earn one Facebook Credit, which equals 10 cents. The credit can be used to buy into specials on Facebook Deals, the daily deal program similar to Groupon. Right now, many of the ads are for game publishers, including Zynga, CrowdStar, and Digital Chocolate.
Today Facebook released its new Deals feature in Atlanta, San Francisco, Austin, Dallas, and San Diego. With the success that Groupon has seen and the rise of Living Social it only makes sense that Facebook would capitalize on its 600 million plus network of potential daily deal grabbers.
I’m in love with Etsy, the artisan shopping site where consumers can find everything from handmade pink leather purses to Darth Vader laptop decals. As if I needed one more reason to spend my hard-earned dollars there, Helen A.S. Popkin reports the site has now joined the growing number of daily deal social media sites, […]