Another Reason to Never Buy Groupon
The following video is part of our "Motley Fool Conversations" series, in which senior technology analyst Eric Bleeker and Chief Technology Officer Jeremy Phillips discuss topics around the investing world.
One of the larger problems with Groupon or LivingSocial is they have no great way of differentiating between new customers and existing customers for any particular business that offers a deal on the platform. That creates a massive problem for vendors, as they could end up significantly discounting their goods or services for regular customers who would have bought at full price anyway. Another problem is the relatively untargeted nature of the deals they offer.
In Jeremy and Eric's view, these problems have been solved with American Express' new app, called "My Offers." This app uses cardholders' previous spending histories to recognize where they're already regular customers and what types of deals they might respond to. This extremely vendor-friendly offering is practically unmatchable by Groupon or LivingSocial.
If you're one of the thousands of investors riding Apple to spectacular gains, you're doing yourself a disservice by not looking across the whole variety of companies benefiting from the same trends making Apple the most valuable company in the world. The Motley Fool has just released a free report on mobile named "The Next Trillion-Dollar Revolution" that details a hidden component play inside mobile phones that also is a market leader in the exploding Chinese market. Inside the report, we not only describe why the mobile revolution will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.
At the time this article was published Eric Bleekerand Jeremy Phillips have no positions in the stocks mentioned above. The Motley Fool owns shares of Amazon.com, Apple, and Open Table.Motley Fool newsletter services recommendAmazon.com, American Express, OpenTable, Apple, and Travelzoo. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.