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June 22, 2011 05:30 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/T5XI2YJfg-I/
New Data For The Daily Deal Value Debate: "13 Of Buyers Are Brand New Business"
Research firm ForeSee Results put its analysis spotlight on the daily deal industry, concluding that discount distribution services offered by companies such as Groupon, LivingSocial and Google do in fact bring lots of new customers to merchants' doorsteps.According to ForeSee, 38 percent of the people purchasing daily deals were already frequent customers of the merchant in question (which could be bad news for retailers since they give discounts to people who already buy its products and services at full price that way).However, 31 percent are brand new business, and 4 percent were former customers, which translates to 35 percent new business. Furthermore, since the remaining 27 percent are described as 'infrequent customers', you could even argue that, in total, 62 percent of daily deal buyers are the people merchants are most keen to reach.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/T5XI2YJfg-I/
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