Monday, January 6, 2020
A Report On Groupon s Planning Activity Essay - 974 Words
INITIAL STATEMENT I will give a letter to our potential investors/public that will summarize our Grouponââ¬â¢s Planning activity in order to be a publicly traded firm. The purpose of this letter is to inform the public of the following: how Groupon works; how we do business successfully and differently from any others; what achievements we have done; our financial viability and credibility; what we have strong and unique culture of service in order to be competitive (consistently producing the highest quality product in the market). Our goal is for the potential investors to be aware Grouponââ¬â¢s real situation and our powerful business opportunity. I. COMMUNICATOR STRATEGY Objectives, Style and Credibility 1. My Objectives: à · General ââ¬â to inform the potential investors of the following: how Groupon works; how we do business successfully and differently from any others; what achievements we have done; our financial viability and credibility; what we have strong and unique culture of service in order to be competitive (consistently producing the highest quality product in the market). à · I will persuade by stating that Groupon has strong, prominent, professional and unique capacity to expand more widely in short period of time. Groupon investment opportunity would be the best option. à · Communication ââ¬â As a result of this communication, my audience will have a real and positive opinion about the Groupon and have a decision toShow MoreRelatedApparently, As An Accounting Firm Specializing In The Virtual830 Words à |à 4 Pagesconduct an appropriate audit for Groupon. Although Groupon is an e-commerce marketplace offering activities, travel, goods and services from local merchants to millions of subscribers, its business model is different from Facebook who sells advertisements, or Amazon who sells products on its own. Groupon makes money by charging a marketing fee advertising and promoting their offers. In most cases, that fee is a percentage of the revenue generated by selling on Groupon. Therefore, Ernst Young shouldRead MorePresent Value1398 Words à |à 6 Pages Net present Value, Mergers and acquisitions Abstract Main objective of undertaking this to report was learn about NPV present value (NPV) method to make capital budgeting decision(Google NEW Project) and success factors involved in mergers and acquisitions(Google-Groupon Case). Answers to the Assignments Part I: Google should go ahead with the new project. Part-II: Googleââ¬â¢s acquisition of Groupon would have been win -win situation for both corporations Now I will discuss both parts in detailRead MoreGroupon Background2297 Words à |à 10 PagesSummary Contents About Grouponâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦ 4 The History of Grouponâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. 4 Grouponââ¬â¢s business modelâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 5 Type of businessâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. 7 Products/Services provided by Grouponâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. 7 Strategy formulation and planningâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. 8 Groupon Plansâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦ 9 Financial Statusâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. 9 SWOT Analysisâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 10 Competitors Analysisâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 13 Business and economic climateâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. 14 Management structureâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 16 Groupon Infrastructureâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Read MoreMarketing Plan For Groupon : Marketing Strategy2551 Words à |à 11 Pages Marketing Plan For Groupon Mehmet Ozkara Irmak Tuncer Serra Tankut Mehmet Burak Sezer Meltem Merve Aydin Marketing Strategy Ted Clark SUNY ââ¬â New Paltz 22/06/15 MARKETING PLAN FOR GROUPON 1. Executive Summary Groupon is a deal based business that brings customers discounted deals from the businesses. As a result of massive success and the growing competition, the business is faced with the option of either selling to Google or developing an effective marketing strategy for continuing its ownRead MoreEssay on Groupon: a Comprehensive Study5490 Words à |à 22 PagesGroupon: A comprehensive Strategy TM583 ââ¬â Course Project By Jesse Marcano Cory Shenault Clifton Leonard Table of Contents Introduction 2 Section 1 - Strategy 3 Section 2 ââ¬â Core Competencies 6 Section 3 ââ¬â Industry Dynamics 10 Section 4 ââ¬â Technology Sourcing and Internal Innovation 13 Section 5 ââ¬â Product Development Strategy 16 Section 6 ââ¬â Strategy to Protect Innovations 17 Conclusion 20 Bibliography 20 Introduction Groupon did not invent the daily deal website; howeverRead MoreInternational Feasibility Study for Tastecard5237 Words à |à 21 Pagesin France, the tastecard scheme would be positively affected. In light of this, pricing strategies, promotions and adaptations will also assist tastecard in entering the foreign market place. In contrast, both La Four Chette and Groupon (France) have proved to be large competitors in this line of business and pose as the greatest threat in hindering tastecardââ¬â¢s international move. Consequently, although tastecard will achieve a reasonable amount of market share when expanding intoRead MoreMarketing Plan For Apple Inc.2507 Words à |à 11 PagesINTRODUCTION According to Mintel (2014), ââ¬Å"nearly half of todayââ¬â¢s university students report they are financially comfortable, as they have money left at the end of the month for a few treats and to save.â⬠What about the other half? The other half of the students either have not a lot left after the basics are taken care of or having difficulties with their financial situation. Studentsââ¬â¢ average monthly expenditure on their essentials is 65% of their monthly income (Mintel, 2014). In these few yearsRead MoreChina s Annual Business Climate2295 Words à |à 10 PagesChina), 71% of the member firms stated that their businesses was running profitable. Report by Kearney (2013), lists China as the topmost desirable developing retail market in the world and predicted that in coming years it will also be the largest world market for luxury goods. Despite the the rapidly growing economy of China many international companies are struggling for success such as Tesco, Walmart, best Buy, Groupon, google and many more (Hingley et.al, 2008). In this article, we will analyze theRead MoreAlibaba5915 Words à |à 24 Pages12â⬠³Nà 120à °11â⬠²9.79â⬠³E Alibaba Group Holding Limited | | Type | Public Company | Tradedà as | NYSE:à BABA | Founded | 4à April 1999; 17 years ago Hangzhou,à Zhejiang, China | Headquarters | Hangzhou,à Zhejiang,à China | Areaà served | Worldwide | Founder(s) | Jack Ma | Keyà people | * Jack Ma (Chairman) * Daniel Zhang (CEO) * Joseph Tsaià (Executive vice-chairman) | Industry | Internet | Products | E-commerce,à Online auction hosting,à Online money transfers,à mobile commerce | Services | OnlineRead MoreGinger Hotels7461 Words à |à 30 Pagesestablish if these pricing methods bring the customers to satisfaction. This is how we measure the effectiveness of the pricing techniques. The Indian hospitality sector encompasses many different services. These include lodging, restaurants, event planning, tourism etc. Among these, Ginger Hotels focuses primarily on lodging. Ginger Hotels is a Tata Enterprise, which differentiates itself from the rest of the Tata Group Hotels by being a ââ¬ËSmart Basics Hotelââ¬â¢. Their prime focus is on providing key facilities
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