Emergent Futures Tumblelog

This is the Tumblelog of Paul Higgins and Sandy Teagle - Futurists from Melbourne and Brisbane in Australia. Go to Emergent Futures to see more or follow on Twitter at FuturistPaul . If you right click on the pictures, titles or links in these posts you will be able to go to the original story on the web. If you click on comments for each post you can either read what others have said or add your own comment via Disqus. If you click on the date of a post it will take you to a single post view where you can copy the web link if you want to send it to someone else. If you click on the tags it will take you to other stories from Emergent Futures with the same tag.

Facebook Offer from a small Irish hotel snapped up by 28,000 users in 24 hours


Facebook may have quietly introduced Offers in February, with the new feature only really getting noticed in April. The results, however, have been anything but quiet for a small Northern Irish hotel, with its latest offer claimed over 28,000 times in 24 hours, Simply Zesty reports.


Full Story: TheNextWeb

Posted at 10:10am and tagged with: social media, technology, group buying, tech,.

Facebook Offer from a small Irish hotel snapped up by 28,000 users in 24 hours

Facebook may have quietly introduced Offers in February, with the new feature only really getting noticed in April. The results, however, have been anything but quiet for a small Northern Irish hotel, with its latest offer claimed over 28,000 times in 24 hours, Simply Zesty reports.

Full Story: TheNextWeb

CHART OF THE DAY: Groupon Is Crushing Its Closest Rival


Full Story: Business Insider

Posted at 5:54am and tagged with: group buying, economic,.

CHART OF THE DAY: Groupon Is Crushing Its Closest Rival

Full Story: Business Insider

CHART OF THE DAY: Groupon Has The Second Biggest IPO In Tech History

Note: This is not where the stocks closed after one day of trading, but where the investment bankers priced them.

Full Story: Business Insider

Posted at 10:09am and tagged with: group buying, economic,.

CHART OF THE DAY: Groupon Has The Second Biggest IPO In Tech History

Note: This is not where the stocks closed after one day of trading, but where the investment bankers priced them.

Full Story: Business Insider

msg:

Last night I went to dinner w/ my buddy Nick , his mom who was in town, and Charles.

We went to SPQR bc Nick was in the mood for lasagna and when he typed that into foursquare the machines suggested he eat there along with the fact that Foursquare displayed a Groupon Local deal that offered $20 worth of food for $15. Nick purchased the deal from his phone and we sat down to have our meal.

The food was good but the service sucked (the waiters were asked multiple times to bring water, bread, cheese to our table and never did)

When we were ready to pay for our meal, Nick reminded the waiter about the groupon. The waiter told us he cant accept it because it was on Nick’s phone. At some point the manager came out and explained to us that he cant accept the groupon mobile deal because we dont have a print out and he needs the print out to staple to his receipt to reimburse himself. He was not interested in writing down our confirmation code and even offered to go on record with his statement, as you can see in the video above.

Nick’s going to file a complaint with Groupon but we still arent sure why they gave us a hard time. We have two theories:

My theory is that they are old school and process all their accounting by hand and dont want to be bothered with the hassle of lost notes or something.

The second theory posited by Charles is that the manager knows that when faced with confrontation the customer will always back down and pay their bill. This way he can say he doesnt accept the Groupon and he gets paid twice via the customer and via Groupon.

Either way whatever really went down, we are definitely never going to eat there again.

We are going to file a complaint with Groupon + Foursquare to have the deal removed and the restaurant notified.

Now we understand why the Yelp reviews are so low

Posted at 7:34am and tagged with: group buying,.

Will Banks Take Over Daily Deals Business by Selling Customer Data?


The banking industry has launched a new initiative that will bring deals and discounts to consumers through the banks themselves. Banks have begun selling consumers’ personalized information to merchants who in turn offer deals based on spending habits or other criteria.

Full Story: ReadWriteWeb

Posted at 3:41pm and tagged with: business models, group buying, eceonomic,.

Will Banks Take Over Daily Deals Business by Selling Customer Data?

The banking industry has launched a new initiative that will bring deals and discounts to consumers through the banks themselves. Banks have begun selling consumers’ personalized information to merchants who in turn offer deals based on spending habits or other criteria.
Full Story: ReadWriteWeb

Major Threat to Supermarkets: Groupon partnering with grocery chain

Paul Higgins: This is a major threat for supermarkets if it develops further. The supermarket business model is built in such a way that the last 5% of customers make a hugely disproportionate contribution to their profit. Whether you or I choose to go to a certain supermarket today they still have to pay their staff, their property lease and all their other fixed overheads. So the first 80% of customers cover those costs and the last 20% contribute all of the profit (rough estimation). Therefore the battle over customer throughput is the key. If Groupon and others can influence that, they have huge leverage in the market place. 

On June 7, Groupon subscribers in Springfield will receive an offer to buy a Big Y “Shellfish Grill Pack,” valued at $39.99, for $24. Shoppers that buy the voucher will be asked to enter their Big Y loyalty program membership number. When they buy the shellfish package, the deal is automatically credited at the cash register.

via@dtapscott

Full Story: Chicago Tribune

Posted at 9:55am and tagged with: group buying, economic, business, business models,.

 
Major Threat to Supermarkets: Groupon partnering with grocery chain


Paul Higgins: This is a major threat for supermarkets if it develops further. The supermarket business model is built in such a way that the last 5% of customers make a hugely disproportionate contribution to their profit. Whether you or I choose to go to a certain supermarket today they still have to pay their staff, their property lease and all their other fixed overheads. So the first 80% of customers cover those costs and the last 20% contribute all of the profit (rough estimation). Therefore the battle over customer throughput is the key. If Groupon and others can influence that, they have huge leverage in the market place. 
On June 7, Groupon subscribers in Springfield will receive an offer to buy a Big Y “Shellfish Grill Pack,” valued at $39.99, for $24. Shoppers that buy the voucher will be asked to enter their Big Y loyalty program membership number. When they buy the shellfish package, the deal is automatically credited at the cash register.
via@dtapscott
Full Story: Chicago Tribune

stoweboyd:

Shortlogic lays it out: Groupon can’t make money on a billion in revenue, so when will it start making money? The model doesn’t scale. And a pile of the money that they’ve raised has been paid out to founders and earlier investors, so a lot of folks are calling it a ponzi scheme, and the IPO is designed to cash out the investors who pout in a billion earlier this year.

It’s a mess.

Posted at 7:13am and tagged with: economic, group buying,.

Groupon Staying Ahead of the Game: Rumored to be in Talks with Foursquare


Groupon is not wasting any time in trying to corner the market on location-based deals. Less than a week after partnering with location service Loopt for its Groupon Now campaign, the daily deals giant is said to be in partnership talks with Foursquare to target deals at its check-in users.

via @dtapscott

Full Story: ReadWriteWeb

Posted at 7:55am and tagged with: location, mobile, group buying, tech, technology,.

Groupon Staying Ahead of the Game: Rumored to be in Talks with Foursquare

Groupon is not wasting any time in trying to corner the market on location-based deals. Less than a week after partnering with location service Loopt for its Groupon Now campaign, the daily deals giant is said to be in partnership talks with Foursquare to target deals at its check-in users.
via @dtapscott
Full Story: ReadWriteWeb

Say Hello to Groupon Now & Right Here, Right Now Deals


Groupon Now, which was first revealed in March, is a simple application within Groupon’s mobile apps that gives a user the ability to find local deals in realtime. This is accomplished by mapping a list of time-specific daily deals in the user’s vicinity. These daily deals can last anywhere from a few hours to a full day, depending on when and how long a business wants to run a deal.

Full Story: Mashable

Posted at 8:08am and tagged with: group buying, consumer, tech, technology, location,.

Say Hello to Groupon Now & Right Here, Right Now Deals

Groupon Now, which was first revealed in March, is a simple application within Groupon’s mobile apps that gives a user the ability to find local deals in realtime. This is accomplished by mapping a list of time-specific daily deals in the user’s vicinity. These daily deals can last anywhere from a few hours to a full day, depending on when and how long a business wants to run a deal.
Full Story: Mashable