Since Groupon has become such a success story, everyone and their brother is fighting for their piece of the deal of the day space. While I am not a huge advocate of the model in general, I did answer Rupert’s question: How do you create a competitive advantage for a Groupon clone business? See the video.
SPIYT: How Do You Compete Against Groupon?
Article written by Carol Roth
Carol Roth is a national media personality, ‘recovering’ investment banker, investor, speaker and author of the New York Times bestselling book, The Entrepreneur Equation. She is a judge on the Mark Burnett (Shark Tank, The Voice, Survivor, The Apprentice) produced technology competition series, America's Greatest Makers, airing on TBS and Host of Microsoft's Office Small Business Academy show. Previously, Carol was the host and co-producer of The Noon Show, a current events talk show on WGN Radio, one of the top stations in the country, and a contributor to CNBC, as well as a frequent guest on Fox News, CNN, Fox Business and other stations. Carol's multimedia commentary covers business and the economy, current events, politics and pop culture topics.
Carol has helped her clients complete more than $2 billion in capital raising and M&A transactions. She is a Top 100 Small Business Influencer (2011-2015) and has her own action figure.
Twitter: @CarolJSRoth Latest Posts:
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