End of pricing : How Groupon, Facebook Deals, Thinknear kill pricing positionning and change...

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Before Price was: cost + margin + negociation Consumers try to: find the best deal --------------- Then: Promotion Buy one get one free, cost price offers, coupons Price was: Sometimes: cost + margin Sometimes: strategic temporary dumping or very low margin Consumers try to: find the best deal + hunt promotions --------------- Appearing: End of pricing Local Daily Deal Hub Quicker Feet www.quickerfeet.com Daily Deals Suggestion Service Koala Deals www.koaladeal.com Consumers try to: …don’t try nothing, just wait for deals he needs Now: Disconnection from any reality Daily Deals www.groupon.com , www.facebook.com/deals Hourly Deals (business slow time selling) www.thinknear.com Consumers try to: hunt promotions --------------- Mickael Bentz Mickael[a]gmail.com http://twitter.com/mickael_B www.linkedin.com/in/mickaelbentz http://mickael-bentz.blogspot.com

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Price was: cost + margin + negotiation

Consumers try to: find the best deal

Buy one get one free, cost price offers, coupons

Price was: › Sometimes: cost + margin

› Sometimes: strategic temporary dumping or very low margin

Consumers try to: find the best deal + hunt promotions

Daily Deals

› Groupon www.groupon.com

› Facebook Deals www.facebook.com/deals

Hourly Deals (business slow time selling)

› Think Near www.thinknear.com

Consumers try to: hunt promotions

Local Daily Deal Hub

› Quicker Feet www.quickerfeet.com

Daily Deals Suggestion Service

› Koala Deals www.koaladeal.com

Consumers try to: …don’t try nothing, just

wait for deals he needs

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