Find Deals on Facebook

There were 23 million Americans, about 10% of the U.S. adult population, who found deals online last year. Groupons has 70 million members; Facebook has 500 million users. Now, Facebook wants part of the business by introducing “Deals” in selected cities. Facebook users can purchase a deal on Facebook. Then, the transaction will be updated within the user’s Facebook network.

Business wants Facebook users to “Like” the deals and promotions, more or less because of the power of “Like” on Facebook (for sure, there is a price tag associated with Facebook’s “Like” button). After watching this ABC News video, would you promote your business on Facebook Deals? In the future, do you think Facebook will take over other online discount coupon providers like Livingsocial and Groupons?

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