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Janet Cookson, Eva Zaman , Faiza Ejaz , Grace Odom, & Jonathan Bryson. Commercial. TV Commercial. Background Information. 2007 – Started as ThePoint.com 2008 – Founded Groupon 2010 – Named the Fastest Growing Company 2011 – Still at a net loss 2013 – Fired CEO. - PowerPoint PPT Presentation
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Janet Cookson, Eva Zaman, Faiza Ejaz, Grace Odom, & Jonathan Bryson
2007 – Started as ThePoint.com
2008 – Founded Groupon
2010 – Named the Fastest Growing Company
2011 – Still at a net loss
2013 – Fired CEO
Background Information
Sector◦Technology
Industry◦Internet Information Provider
Segment of Focus◦Coupon Deals
Sector, Industry, and Segment
Business Model Offers Groupon in each market it serves Works as an assurance contract Company earns approximately 50% of what
customer pay for a coupon Consumers interested in buying products are
entertained through e-mail Using social networking site to promote ideas
Groupon Revenue 2012
Groupon Deals
Competitors of Groupon
500+ other companies
External Environment General Environment Competitive Environment
General Environment Demographic
◦ Age ◦ Gender◦ Material status◦ Employment
Sociocultural
◦ Couponing
Political/Legal◦ Legal proceedings/ regulations are moderate
General Environment Technological
◦Mobile media Economic
◦Economic Recession Global
◦Rapidly expanding
Five-Forces Model of Industry Competition
Threat of New Entrants: High ◦ Easy to start business
Buyer Bargaining Power: High ◦ Low switching costs for consumers
Supplier Bargaining Power: Moderate◦ Low switching costs for merchants
Threat of substitute products or services: High◦ Offer great deals
Rivalry: Strong◦ Intense Competition
Value Chain
Strengths◦ Unique Product
Offerings◦ Strong Brand Image◦ Great Customer Service◦ Customer Loyalty
Weaknesses◦ High Debt Burden◦ High Marketing Costs◦ Weak Internal Control
Costs
SWOT Analysis
Opportunities◦ Potential Acquisition
Target◦ Increase Online
Presence◦ E-commerce Site
Threats◦ New Entrants◦ Increased Competition◦ Weak Company
SWOT Analysis
Create loyalty between customers and businesses
Educate business owners
Merge with a larger company
Explore other options to support small businesses
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