31 Aug '11, 1am

Yelp CEO: 50 Percent Deal Margins Unsustainable

Yelp CEO: 50 Percent Deal Margins Unsustainable

Following the elimination of daily deals (though not check-in deals) from Facebook’s lineup of products , Yelp followed suit this week by scaling back its daily deals program. Many people incorrectly interpreted the news, presented in a Bloomberg article , as Yelp’s total exit from the space. Some have also seen it as an indication that the segment as a whole is beginning to collapse. One person remarked to me today, “The bottom is starting to fall out isn’t it?” Neither interpretation is correct. Deals are alive and (mostly) well and Yelp is still in the game. Here’s what Yelp CEO Jeremy Stoppelman said today in a blog post about Yelp’s decision to reduce the size of its dedicated deals salesforce: We did take a 30 person team that was selling daily deals and local ads and made it a 15 person team focused solely on daily deals (note: no salespeople were harmed in the maki...

Full article: http://searchengineland.com/yelp-ceo-50-percent-deal-marg...

Tweets

[NEWS] Not gonna be able to use the Groupon dea...

is.asia-city.com 31 Aug '11, 10am

, a daily deal website where customers can buy and sell coupons, has launched in Singapore. Founder Madeline Ernest claims...

DuckDuckGo, Google+ Among TIME's Top 50 Best Websites of 2011

DuckDuckGo, Google+ Among TIME's Top 50 Best We...

searchenginewatch.com 30 Aug '11, 10pm

DuckDuckGo, the startup search engine that emphasizes user privacy, has been named as one of TIME's Top 50 websites of 201...

Yahoo! \\"gets new CEO\\"

Yahoo! \\"gets new CEO\\"

channelnewsasia.com 07 Sep '11, 12am

SAN FRANCISCO: Yahoo! fired chief executive Carol Bartz on Tuesday, less than three years after she was brought in to help...

Restaurants are the top local search category on mobile devices - is your website mobile ready?

Restaurants are the top local search category o...

searchengineland.com 01 Sep '11, 4pm

There are a number of studies (e.g., Pew, Forrester) in the market that question how interested or engaged users are with ...

Where would you bring your date if you had only $50?

Where would you bring your date if you had only...

timeoutsingapore.com 09 Sep '11, 8am

Head off to the heartlands for a colourful race through Yishun Bottled Tree Park. Red Dynasty Paintball (81 Lorong Chencha...

Singapore's 50 best new restaurants and bars from TimeOut Singapore

Singapore's 50 best new restaurants and bars fr...

timeoutsingapore.com 08 Sep '11, 6am

When chef Pang Kok Keong of Canelé rolled up his pastry mat and announced plans to launch five new restaurant concepts on ...

EAT THIS: the city's 50 Best New Restaurants are up on the web @bistroparisien @Buyansg @TBCSentosa #TOS #fb

EAT THIS: the city's 50 Best New Restaurants ar...

timeoutsingapore.com 08 Sep '11, 5am

A halal French bistro opened by a Muslim Singaporean chef that’s plunked along Haji Lane may seem odd in more ways than on...