Building Networks of Impact

Post on 15-Apr-2017

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#VMSummit16 #VMSummit16

BUILDING NETWORKS OF IMPACT JAY KLAUMINZER VP, Sales & Merchant Operations Employee Volunteer Program Executive Sponsor

GROUPON ON TV

MY STORY

Frank Sterle’s Slovenian Country House Cleveland, OH

OUR MISSION To connect local commerce, increasing consumer buying power while driving more business to local merchants through price and discovery.

Art Institute of Chicago Chicago, IL

BY THE NUMBERS 8K EMPLOYEES

1M MERCHANTS

50M CONSUMERS

26 COUNTRIES

500 MARKETS

$13B PUMPED INTO THE LOCAL COMMUNITY

Wateriders Chicago, IL

OUR EVOLUTION 20

07

Nov

. 200

8

THE POINT

GROUPON IS BORN

April

201

0

GROUPON GOES PUBLIC 1,000,000,000TH GROUPON SOLD

Feb.

201

6

GLOBAL EXPANSION

Nov

. 201

1

Mar

ch 2

014

50% OF GLOBAL TRANSACTIONS MADE VIA MOBILE DEVICE

LOVE LOCAL

Tonga Room & Hurricane Bar San Francisco, CA

Small businesses account for 99% of all US businesses.

*JP Morgan Chase, “Cash is King, Flows, Balances, and Buffer Days,” September 2016

LOVE LOCAL 90% of the businesses Groupon works with have 20 employees or fewer.

Taverna 750 Chicago, IL

WHY LOCAL Small businesses employ 48% of all US workers.

Pedestrian Shops Boulder, CO

*JP Morgan Chase, “Cash is King, Flows, Balances, and Buffer Days,” September 2016

WHY LOCAL Small businesses are responsible for 42% of net job creation.

Wrigley Field Chicago, IL

*JP Morgan Chase, “Cash is King, Flows, Balances, and Buffer Days,” September 2016

Small businesses account for over $8 trillion of the total GDP in the US.

WHY LOCAL

Pike Place Market Seattle, WA

*JP Morgan Chase, “Cash is King, Flows, Balances, and Buffer Days,” September 2016

WHY LOCAL Small businesses produce 34% of all exports from US.

Stranahan’s Colorado Whiskey Denver, CO

*JP Morgan Chase, “Cash is King, Flows, Balances, and Buffer Days,” September 2016

THE CHALLENGE

THE DIGITAL DISADVANTAGE

El Mariachi Chicago, IL

In 2014, the 200 national advertisers spent $72 billion in marketing.

*Ad Age, “Big Spenders on a Budget,” July 2015

THE SOLUTION

Rippy’s Bar & Grill Nashville, TN

We provide a marketing platform that is trackable.

$100,000.00

$200,000.00

USD50.00

USD45.50

16000 $250,000 USD55.60 16000/17000

12000/13000

5000/75000

12000

5000

Example Data Used

Example Data Used

58%

38%

12%

Example Data Used

24%

22%

19%

15%

14%

13%

90% 9000 500 10000

Yassa African Restaurant Chicago, IL

Groupon is committed to helping people and communities thrive.

IN THE COMMUNITY

CAUSE MARKETING

OUR IMPACT

$13B PUMPED INTO THE LOCAL COMMUNITY

WHAT’S NEXT

Lucid Brewery Minneapolis, MN

•  Continue to build a daily habit •  New products and services •  Invest in new customers

Jay Klauminzer @jayklauminzer