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May 1, 2011

The Daily Deals Universe: Movers and Shakers

The Daily Deals Market is  dominated by Groupon and Living social  is now facing challenges from " the  Internet Heavyweights, Google and Facebook.Apparently, Google recently launched the BETA version of its very own Groupon called “Google Offers.” Launching in 6 different cities in United States, the Google Offers makes the search engine giant another company to watch out for in the local advertising market.

But Google is not the only company that is gearing up to challenge  Groupon’s business. The social networking giant Facebook also launched its own called “Facebook Deals.” Facebook launched its daily coupon deals product in 5 different cities in United States.Facebook is also   geared up to take on this " Social Shopping " Concept   and has recently started Facebook Deals, launched April 25, letting local businesses pitch deals to Facebook users living in Atlanta. Austin, Texas, Dallas, San Diego and San Francisco. the social network's riff on Groupon's local deals service, may have only launched as a test in five markets, but it's bursting with potential.

Online MBA created an infographic to show the brief “history” of the companies competing for the title of the “Daily Deals King.” From company’s valuation to payment options, the infographic also briefly explains why Google and Facebook can kill Groupon in the next coming years.