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The daily deal space is technically simple and has low barriers to entry - get a WordPress account and MailChimp, and you're more than halfway there. However,
by gyardley 16y ago
The daily deal space is technically simple and has low barriers to entry - get a WordPress account and MailChimp, and you're more than halfway there. However, driving traffic and sourcing deals is ridiculously capital intensive.
Local Groupon clones around the world have been doing more or less well depending on their country's access to capital -- if there's sufficient VC available, they can hold their own, but if not, they've been getting steamrolled when a Groupon or Living Social enters their country.