U.S. consumer online deal market to reach $3.6B in 2012
Spending on deals found online -- including the daily deals, instant deals and "flash sales" offered by Groupon and the like -- will reach $3.6 billion by the end of 2012, according to new research.
The figure means the online deal market will grow 86.9 percent compared to 2011, market research and advisory company BIA/Kelsey found.
Deal spending is expected to grow by a further 23 percent in 2013, with between 1 percent and 9 percent growth in the following few years. As a result, deal-hungry U.S. consumers could boost the market to $5.… Read more