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According to a report by Nielsen on social media Americans spend three times more time on social media than reading their e-mail. of online time is spent reading e-mail and 23% on social. The juicy bit of the study is that more than 70% of socialnetworks users shop online. Black Friday data. Black Friday data.
How They Do It: Build email list of consumers interested in local deals (mainly via paid search & socialnetwork ads), sell coupon programs to merchants via telesales. What They Do: Deeply discounted coupons (often 50% off redeemed value) for local merchants. Financial Snapshot: 2010 Revenue: $713M.
15- The SocialNetwork Photo Credit: Samuel Park One movie that motivates me is The SocialNetwork, which tells the story of how Mark Zuckerberg, the founder of Facebook, built one of the most successful tech companies in the world. 19- The Shawshank Redemption Photo Credit: Shawn Stack The Shawshank Redemption.
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