Groupon’s success at buffing a digital sheen onto a classic boiler room sales operation has spawned an explosion of clones. With a business plan so simple, it’s no wonder a flood of wannabes have jumped on the group-buying bandwagon. There’s even a company called Groupon Clone selling user-friendly “build your own Groupon” software packages.
The 250-plus sites now offering daily deals range from hyperniche pet products to hyperlocal restaurant deals. And no one, including investors, seems convinced there’s a bubble yet.
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