The Ledger
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Tynan: LivingSocial unravelled because merchants failed to gain repeat customers
“The exchange was really that local merchants would get loyal customers, and so that had to be the case, and I think in some cases that trade-off didn't exist, and so some of the best merchants said not interested anymore, and so then the emails weren't as exci…”
Daily deals collapsed because local merchants failed to acquire loyal customers
“The exchange was really that local merchants would get loyal customers, and so that had to be the case, and I think in some cases that trade-off didn't exist, and so some of the best merchants said not interested anymore, and so then the emails weren't as exci…”