Spreets fined $600,000 for misleading customers
Popular discount coupon website Spreets has been fined $600,000 after the Federal Court found the company guilty of making false or misleading representations to consumers.
Popular discount coupon website Spreets has been fined $600,000 after the Federal Court found the company guilty of making false or misleading representations to consumers.
Two years on from launch and a year since its acquisition by Yahoo!7, Spreets CEO Dean McEvoy reflects about what he’s learnt and achieved, where he sees the business heading and how he plans to get it there amidst intense competition in the group buying industry.
Dynamic Business spoke to Dean McEvoy, founder of group buying site Spreets, about how they make sure SMEs are well equipped for, and get the best out of, running a group buying deal.
Australia now has an official group buying code of conduct, designed to boost consumer confidence in the platform and ensure they make informed choices about purchases, and to promote compliance and best practices within the industry.
An independent study has found 95 percent of businesses that have sold their products of services through group buying sites were happy with the experience, and many would do it again.
Jump On It has taken out the 2011 Online Retail Group Buying category at the AMBER Awards, beating its biggest daily deals rivals Scoopon and Spreets.
Scoopon has boosted its presence in the travel and hospitality market by launching Scoopon Travel, a new dedicated site delivering deals on flights, accommodation and travel packages.
Fans of Scoopon’s daily deals can now access them on the Google Android platform, thanks to the release of its new smartphone app.
In a guest post for Dynamic Business, DealFetch Co-Founder Stas Belkov tells why location targeting is the only way forward for the group buying phenomenon.
LivingSocial is leading the daily deals market in unique browsers terms for the second month in a row, according to the latest Nielsen Netview results.