Value of ntalks group buying Model

Today, I attended the fourth topic of ntalks, discussing the value, operation, and future of group buying websites.

The guests include Lin Ning, founder of group F, Wu Bo, CEO of La shouwang, Hu Chen, founder of group 800, and many friends from the industry and VC circles.

I have never been to World Trade Street before, and it is hidden in the high-rise buildings of international trade. It is hard to find a car.

The main discussions include:

 

Group Buying status

The service level and Integrity Level in the domestic service industry are uneven, which creates many problems for the group buying platform.

Business Model: provides an e-commerce platform for the Service Industry

Data frauds in the industry are practically unnecessary, and both users and VC know

Group buying market data

 

Future trends of group buying

Subdivision

Second-and third-tier cities

Mobile app Integration

LBs Integration

Groupon + Foursquare, anytime, anywhere Service

Open API

Improve the quality standards for business access

Improve service quality: advance compensation, Haier, Huawei's service philosophy

Future of group buying navigation websites

 

This is a huge market. Groupon's current weekly net profit reaches or even exceeds $1 million. It is estimated that Groupon's revenue this year will be $0.35 billion. The guests unanimously stated that they should be self-disciplined and hope to combine the market and cake. The concept and model of group buying will become larger.