All the tech rags are talking about how fast the "group buying" industry is growing.
It's been called a Billion Dollar Web Trend
group buying will become one of the biggest Web trends of 2010, and the market leader will be one of the most closely-watched sites of the year.
The model is simple: The group-buying sites find local businesses willing to provide large discounts in return for spreading their names to new customers. Consumers log on daily, check out their hometown's deals and either sign up or ignore the deal. (link)
Groupon, the largest group buying site, is expected to generate $500 million in revenues this year. Their success has spawned a number of lookalike companies. LivingSocial and GottaHalfIt
Top 9 Group Buying Sites
Merchants that have used the "group buying" sites get a rush of customers but are starting to complain.
There's a couple big problems though. There are 2 things that threaten ALL of the group buying sites.
They are all in the same boat. First, they don't have the capability/technology to provide this solution to this problem and second, if they did, it would literally destroy their business.
Quite a conundrum they face.
Want to know what problems they face and what company has the solution?
In our detailed report, we highlight the two problems that are already threatening this industry. We have uncovered a tiny private company with the technology and business model that could literally kill Groupon (and all of the other group buying sites).
When this company begins publicly trading, we think it could be one of the biggest performers on Wall Street. While it is still private, there is a backdoor way to participate BEFORE they start trading.
If you would like to get a free copy of "Groupon Killer" and find out what company we are talking about, send us email with subject line "Groupon Killer Report".
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