Groupon may be a multi-billion dollar company, but the daily deal market has lost quite a bit of its luster over the past year. From consumer fatigue to merchant nightmares, the daily deal isn't going away but will likely have to evolve sooner than later.
One of the ways Groupon is addressing this is by tapping into different markets. For instance, it's experimenting with outdoor kiosks that target deals to tourists in popular U.S. cities.
We’re living in the era of the digital data deluge. Think about how often you check your bank balance online versus going to a teller, how many emails you receive a day, the number of hours you spend on your smartphone not making phone calls.
Consumers leave contrails of data as a result of their digital interactions, and this behavioral data creates opportunities to drive customer acquisition, reduce operating expenses, and make faster, better decisions.
But there are also some fundamental problems.
Today developer Arun Thampi discovered his entire address book including full names, emails and phone numbers was being collected by the new social app, Path.
In trying to make things easy for users, Path uploads your address book to their servers so you can easily connect to your friends and family on its network.
The problem is Path doesn't tell you it's going to do it.
Just how important are things like mobile technology, social media and cloud computing to businesses today?
Can a business expect to survive and thrive if it doesn't stay on top of the latest trends in technology? According to a new report by PricewaterhouseCoopers (PwC), the answer is, not surprisingly, 'no.'
57% of businesses and 67% of agencies that took part in Econsultancy’s Marketing Budgets report for 2012 said that investing in mobile applications was their top priority for the next year.
QR codes were the second highest answer for both groups, with mobile commerce and mobile advertising falling shortly behind.
With the advancement of digital innovation in display ad targeting and personalization, it is now possible for advertisers to optimise their display campaigns in real time, based on their internal business data.
Tying advertisers' own internal data with their display campaigns is a pot of gold that few advertisers have fully tapped.
Here are some best practices for increasing online sales by using information you already have...
The fascinating topic of social data is the focus of the third Quarterly Digital Intelligence Briefing, published today by Econsultancy in partnership with Adobe.
According to our report, only 16% of companies we've surveyed say they are 'harnessing social data effectively' for their businesses.
Below I've summarised some of the key findings and subjects discussed in the report.
The decision has been made to extend the deadline for anyone wanting to take part in the State of Digital in Australia benchmark survey by Econsultancy and Marketing Magazine.
If you’re a digital professional in the region, the closing date to participate and claim a free report copy of the findings (worth $400) is now December 14.
But, until the document is published, I thought I’d tide everyone over with some more juicy digital marketing statistics, following on from another stats-based post a couple of weeks ago.
Again, for reference, the data is extracts from Econsultancy's Australia and New Zealand: Internet Statistics Compendium.
As part of the Econsultancy / Foviance Multichannel Customer Experience Report, some 1,000 consumers were surveyed about their experiences when dealing with the banking industry.
Overall, it appears that when engaging with banking services, consumers have a far better experience using personal computers than any other touchpoint.
'Big data' has become a big buzzword in the tech community over the past
year, and for good reason: technology has made it possible for
companies to collect massive amounts of information and analyze it in
ways that were never before possible.
To Reid Hoffman, the founder of LinkedIn, big data is so important that
it can provide a significant competitive advantage. How significant a
competitive advantage? Hoffman believes big data gives a big edge to a
company that produces big skepticism: Groupon.