Groupon, one of the fastest-growing companies on the web, is reinventing web advertising. For broadcasting discounts to its subscribers – such as 50% off a manicure-pedicure if 100 people sign up – Groupon receives half of whatever the merchant brings. Businesses on average collect only about 25% of what they would normally make, yet they… Read more »
Posts Tagged: Social Networks; Web 2.0; Building Business Systems
Flickr Homepage
Description: Link to Flickr, a social network. Illustrates the pervasive use of social networks and the advantages to business in developing an understanding of the importance of these relationships organization-wide. Source: www.flickr.com Date: 12/1/2010 Link: http://www.flickr.com/ Discussion Questions: How might organizations use social networks to their advantage? What is key to social network success? What is unique… Read more »
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