Cat Lovers on Campus? 17 Things to Consider Before Launching A Daily Deals Site

In a few short years, Groupon slapped a buy button on a website, hired some sales people, and is now reportedly making $760 million annually with a multi-billion dollar valuation.

Easy, right?  I mean there are 600+ new group buy sites and new ones popping up every day.  Got a great idea for a daily deal site?  (My favorite thus far is the niche site at the cross section of Cat-Lovers on Campus)

Before you get too carried away and quit your job to set up shop in your garage, here’s 17 things to consider:

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Business Insider : Meet Jdeal, A Jewish Groupon

No, this isn't a joke. Or at least, it doesn't seem like it. New York entrepreneurs have started a site called Jdeal, which is a Groupon Clone for the Jewish community, AdWeek reports

What's the rationale? Groupon doesn't carry many kosher deals -- fair enough. Another point is that small businesses might be more interested in doing deals knowing customers are more likely to return, which would be the case for Jewish businesses and Jewish customers. Maybe.

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