Google Offers - Groupon rival
Google is preparing to launch the service Google Offers, a competitor to Groupon. Google Offers is a new product that connects sellers and buyers through daily mailing lists of the best deals.
Google Offers works on the same principle as Groupon or LivingSocial. Users receive offers by e-mail, then within 24 hours they have the opportunity to apply for a purchase. As soon as a sufficient number of applications has been collected, the proposal takes effect, and users receive what they want.
Unfortunately, Google Offers will only work on Google Checkout :(
Google is actively negotiating with representatives of various business fields to increase the list of services offered.
Let me remind you: a few months ago, Google tried to buy Groupon for $ 6 billion. Groupon refused, hoping to receive $ 15 billion in IPO in the future.
The search giant obviously does not want to surrender this market without a fight. Due to brand recognition and vast resources, it can be a powerful player in this field. We will observe the development of events.
The link to the newsletter that Google sends to local businesses is PDF .
It is also known that Google will pay 80% three days after the launch of the transaction, and the remaining 20% will be held for 60 days to reimburse the dissatisfied.