Business

Group Purchase Websites?Survival of the Strongest ????????? ?????2011????????????? ???????????1968???????????????????????????????????????????????? ????group acquire website ????, dissever ??, competition ??? survival ?? In china, the year of 2011 is a conclusion of transition for group purchase websites from warm spring to tawdry winter. Because of the rat race, 1968 group purchase websites have been implant from pillar to post but to close down. Severe ch totallyenges and additional market share determine only the strongest basis survive. 1 The origin and the development of group purchase websites 1.1 The birth of Groupon Groupon is the character of group purchase website whose headquarters is located in Chicago, U.S.A. Andrew stonemason created it in November, 2008. Groupon, whose name is a combination of group and coupon, specializes in providing customers with sacks purchased in bulk. Groupon promotes a new prod uct which is offered a give notice and permits distributively one to purchase once every day. This pile be considered as a new field of e-commerce. Groupon inflexible at its initial public offering on 4th, November, 2011, privation price is 20$ per share. 1.

2 Development of Groupons in China After the fundamental law of Groupon, its new business berth caused widespread attention all over the world, so did Chinese merchants. It seems that it takes just one nighttime for the various group purchase websites to rise sharply. The business model is copied from the American Groupon. However, to make their companies back out among the numerous! competitors, each group purchase website deprivation to search for something special, such as bran-new services, creative ideas and financing. The sum of money of group purchase websites has increase rapidly from zero to to the highest degree five thousand in China. The warm spring came primarily in 2011 for large volume of group purchase websites were authorize by most consumers. Meanwhile, the refrigerant winter...If you want to concentrate a full essay, golf-club it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper