LivingSocial
Daily discount platform
LivingSocial was an online marketplace that offered discounted deals on local services, travel, and products, competing directly with Groupon during the daily deals craze of the early 2010s.
Users would receive emails featuring limited-time offers from nearby restaurants, spas, and entertainment venues.
The company peaked around 2011 but struggled as the daily deals market contracted, eventually being acquired by Groupon in 2016.
Redeemable credit documents
- couponsRedeemable discount certificates
- offersProposals for acceptance
- promotionsElevations in position
- discountsSubtractions from full price
local deals · flash sales · bargains · specials · savings · limited-time · redemption · gift cards
New business enterprise
- GrouponDiscount voucher marketplace
- acquisitionAct of obtaining something
- Washington DCAmerican seat of government
- foundersThose who begin institutions
venture capital · IPO · e-commerce · merger · Amazon · business model · valuation · headquarters
Things one engages in
- restaurantsCommercial dining venues
- spasWellness treatment facilities
- travel dealsDiscounted trip packages
- eventsThings that take place
entertainment · tours · classes · adventures · getaways · dining · wellness · attractions
Threshold triggering major change
- bulk buyingAcquiring goods in quantity
- group discountReduced price for many
- viral marketingSelf-propagating promotional strategy
- referralDirecting someone elsewhere
vouchers
Redeemable credit documents
- couponsRedeemable discount certificates
- offersProposals for acceptance
- promotionsElevations in position
discounts · local deals · flash sales · bargains · specials · savings · limited-time · redemption · gift cards · percentage off
startup
New business enterprise
- GrouponDiscount voucher marketplace
- acquisitionAct of obtaining something
- Washington DCAmerican seat of government
founders · venture capital · IPO · e-commerce · merger · Amazon · business model · valuation · headquarters · employees
activities
Things one engages in
- restaurantsCommercial dining venues
- spasWellness treatment facilities
- travel dealsDiscounted trip packages
events · entertainment · tours · classes · adventures · getaways · dining · wellness · attractions · nightlife
tipping point
Threshold triggering major change
- bulk buyingAcquiring goods in quantity
- group discountReduced price for many
- viral marketingSelf-propagating promotional strategy
referral · subscriber base · local merchants · small business
LivingSocialluxury retail
Sale of premium goods
MSRP · Nordstrom · Neiman Marcus · premium pricing · list price
living, social, live, lives, lived, life, lively, livelihood, alive