Strategic Partnership Potential LivingSocial has a proven track record of successful partnerships with major companies like Amazon and Apple. Leveraging this experience could lead to valuable strategic partnerships with other industry giants for mutual growth and expanded market reach.
Tech Integration Opportunities With a tech stack that includes Google Analytics, WordPress, and PWA, LivingSocial demonstrates a commitment to leveraging cutting-edge technologies. Partnering with tech companies for innovative integrations can enhance product offerings and attract tech-savvy customers.
Cross-Selling Possibilities Following the acquisition of Urban Escapes and partnerships with MacRumors, LivingSocial shows a propensity for expanding its reach through collaborations. Exploring cross-selling opportunities with similar companies in the advertising services industry can unlock new revenue streams.
Revenue Diversification Strategies With revenues ranging between $100M - 1B and a funding of $110M, LivingSocial has a solid financial foundation for exploring new revenue streams. Developing innovative subscription models, exclusive deals, or premium services could diversify revenue streams and boost profitability.
Employee Engagement for Sales Growth LivingSocial emphasizes creating a world-class environment for its employees, fostering a collaborative and creative work culture. Investing in sales training programs, incentives, and employee recognition can boost motivation and productivity, leading to increased sales performance and customer satisfaction.