Tag: groupon

Large discounts on sites like Groupon hurt sales

Large discounts on sites like Groupon hurt the sales of small to medium-sized businesses, according to research from Rotterdam School of Management, Erasmus University (RSM).

This is because, for less well-known merchants, discounts are often considered a signal of low quality.

The researchers monitored the hourly sales of 19,978 product and service deals listed on Groupon.com in 172 cities in the

Mobile spending increases

ukflagA deal aggregator noted that, according to its own data, mobile spending rose in the first six months of 2013.

This is hardly surprising and isn’t anything new to those who have been keeping an eye on official retail figures.

But aggregator Bownty noted a 25 percent increase in mobile purchases through smartphones and tablets between January and June. The aggregator looks at daily deals from the likes of Groupon and Wowcher, so there has been increased interest in the bargain, time critical offers to be had.

According to Bownty’s data, Brits spend over £1.3 million daily taking advantage of national and local deals.

“We expect mobile transactions to overtake desktop spending before the end of the year,” Steffen Frolund, Bownty CEO, said.