2016/12/19

The dying of coupon apps and websites


This picture has been in my review list for a while. Coupon sites and apps were having a tough time, and none of them seem to be able to find a viable business model.

This particular one got bought by an Indonesian e-commerce group, and trying to pivot to an online market place.

Must be tough to compete with sites like banggood, ebay, aliababa and TaoBao.

My take for new e-commerce players? Find a niche that is profitable. You do not need to sell a million dollars a month to live lavishly.