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Published byWinifred McDowell Modified over 6 years ago
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Janet Cookson, Eva Zaman, Faiza Ejaz, Grace Odom, & Jonathan Bryson
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Commercial TV Commercial
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Background Information
2007 – Started as ThePoint.com 2008 – Founded Groupon 2010 – Named the Fastest Growing Company 2011 – Still at a net loss 2013 – Fired CEO
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Sector, Industry, and Segment
Technology Industry Internet Information Provider Segment of Focus Coupon Deals
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Business Model Offers Groupon in each market it serves
Works as an assurance contract Company earns approximately 50% of what customer pay for a coupon Consumers interested in buying products are entertained through Using social networking site to promote ideas
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Groupon Revenue 2012
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Groupon Deals
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Competitors of Groupon
500+ other companies
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External Environment General Environment Competitive Environment
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General Environment Sociocultural Political/Legal Demographic Age
Gender Material status Employment Sociocultural Couponing Political/Legal Legal proceedings/ regulations are moderate
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General Environment Technological Economic Global Mobile media
Economic Recession Global Rapidly expanding
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Five-Forces Model of Industry Competition
Threat of New Entrants: High Easy to start business Buyer Bargaining Power: High Low switching costs for consumers Supplier Bargaining Power: Moderate Low switching costs for merchants Threat of substitute products or services: High Offer great deals Rivalry: Strong Intense Competition
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Value Chain
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SWOT Analysis Strengths Weaknesses Unique Product Offerings
Strong Brand Image Great Customer Service Customer Loyalty Weaknesses High Debt Burden High Marketing Costs Weak Internal Control Costs
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SWOT Analysis Opportunities Threats Potential Acquisition Target
Increase Online Presence E-commerce Site Threats New Entrants Increased Competition Weak Company
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Recommendations Create loyalty between customers and businesses
Educate business owners Merge with a larger company Explore other options to support small businesses
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