Infographic: The Death of Daily Deals: Why the Groupon Bubble Is Popping
CreditScore.net, a personal finance blog focusing on credit and debt topics, generated an infographic offering an overview of the slowly disappearing daily-deals industry. This is a dark, visually driven tale of the deals industry’s decline. It includes the following information:
- Groupon turned down Google’s $6 billion offer in 2010, but is now worth about half that amount
- A third of deal sites have failed
- 63 percent of consumers receive emails from at least two deal sites a day, but 1 in 2 of these subscribers feel overwhelmed by these emails
- 7 in 10 small businesses surveyed said they “hate” Groupon
For more insights into the faltering deals industry, see the full infographic below:
