Friday, January 20, 2012

Daily Deal Media Releases 2011 Summary Report and Pinpoints Key Trends for 2012, Business Insider Offers Social Commerce Summit Discount and Digital DoorStep Files Chapter 7 Bankruptcy

Daily Deal Media News
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Daily Deal News for January 20th, 2012
Daily Deal Media Releases 2011 Summary Report and Pinpoints Key Trends for 2012
Daily Deal Media, the leading news, information and data resource for the daily deal industry, today released their annual industry outlook and year-in-review report. 
 
The DDM Industry Report is the most comprehensive look at the Daily Deal industry in 2011 and what to expect in 2012. This report includes expert predictions, polls and surveys from Publishers, Merchants and Consumers, and a spotlight on some of the winners and losers of 2011. 
 
Among the key findings covered within the report:

  • The total number of deal publishers dropped 7.61 percent in the last 6 months of 2011.  The world has 798 fewer deal sites due to consolidation and startups closing up their virtual shops. Asia saw the largest drop, with 1,348 daily deal sites exiting the industry.
  • Insight from the venture community. Detailed feedback on why the industry will be profitable and sustainable from insiders including Tim Draper of Draper Fisher Jurvetson.
  • Legal landscape report, by David Almeida, partner at Sedgwick Law, and Jay Edelson, managing partner at Edelson McGuire LLC. This information follows up on panel from the 2011 Daily Deal Media Conference focusing on the major legal implications for the Daily Deal Industry.
  • Survey of companies who used daily deal services in 2011. Only 16.5 percent of all merchants were dissatisfied with their daily deal campaign, and 35 percent of companies reported their deal offering was profitable. Merchants indicating overall satisfaction in their deal programs rose 17 percent between June and December 2011.
  • Survey of daily deal companies on their 2011 results. Findings show that 61.7 percent of daily deal companies think that Groupon’s IPO was good for their industry.
 
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2012 Daily Deal Media Industry Report

Highlights:

Major Events of 2011 Analysis
The Deal Publisher Index
Publisher Statistics
Merchant Statistics
The Daily Deal Index
Venture Capital Index
Major Companies Entering & Exiting
Mergers & Acquisitions
Exciting StartUps
Legal & Regulation
The While Label Index
Consumer Analysis
Merchant Services Analysis
Deal Networks
Email Engagement Strategies
The Daily Deal DeadPool
2011 Industry Winners & Losers
Daily Deal Media Predictions for 2012
2012 Industry Outlook
... and more
 
Guest Contributors:

Tim Draper, Managing Partner, Draper Fisher
Jay Edelson, Partner, Edelson, McGuire
Prashant Nedungadi, Founder & CEO, Nimble Commerce
David Almeida, Partner, Sedgwick LLC
Tristan Sigerson, GrowThink
Chad Billmyer, CEO, Deal Bird
 
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Dear Readers:

We'd like to let you know about your special pass to Social Commerce Summit, the Feb. 7 event where you'll get cutting-edge market intelligence and meet innovative executives working at the intersection of digital commerce and social media. Social Commerce Summit takes place at Pier Sixty New York City on February 7th, and is hosted by Business Insider. Readers of Daily Deal Media get a special discount of 30% by using code "Social". Here's what you'll get with your ticket:

Actionable insight from leading social-commerce investors, including:

  • Paul Lee, a partner at Groupon backer Lightbank and also a backer of BeachMint, the new celebri-deal site that's rolled out with Kate Bosworth, Jessica Simpson, Rachel Bilson and the Olsen twins.
  • Brian O'Malley of Battery Ventures, which has invested in leading white-label social-commerce serviceBazaarvoice
  • Stuart Ellman of RRE, which has invested in Tippr.

Perspectives from the market's influential playerssuch as:

  •  LivingSocial CEO Tim O'Shaughnessy will share how the company has become a leader daily deals and offer insight on what's next in the market. Saturated? Fragmented? Just getting started?
  • Executives from major brands such as Walmart, Johnson and Johnson, and Martha Stewart Living will share the insider perspective on what they're doing and what they want (read: where mega-budgets are moving). 
  • Publishers such as Brian Sugar of Sugar Inc. will discuss best practices in leveraging commerce alongside content. The market potential is huge -- how to dig into it best?

Intelligence from exciting startups like:

  • Fab.com, which grew from zero to one million customers in a mere five months, propelled in part by savvy social marketing.
  • Warby Parker, the eyeglass darling that's got a social-good mission baked into their product, and Justin Bieber-backed SoJo, the new gaming company that makes doing good addictive
  • Chloe & Isabel, a startup disrupting retail and the jewelry supply chain. Which other sectors are next from NYC disruptors?

Business development opportunities with all of the above --- AND the roughly 200 additional attendees in executive, sales and marketing positions, from companies including Barnes & NobleJetBlue, and Pepperidge Farm (Campbell's).

 See you next month!

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Digital DoorStep Files Chapter 7 Bankruptcy

Digital DoorStep files Chapter 7 Bankruptcy, Sends Email Announcement Wednesday Morning

Digital DoorStep filed Chapter 7 Bankruptcy this morning following public accusations of the company scamming customers announced by Daily Deal Media this weekend. Digital Doorstep emailed info@digitaldoorstep.com, this morning, Wednesday, January 18th at 10 AM, with announcements of company closure. Digital Doorstep cited “unpaid accounts” as a major reason for their filing decision:

“A company of our size simply cannot sustain $3 Million in unpaid accounts receivable.” 

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