Sunday, July 1, 2012

Dealshelve FREE RM200 Voucher Campaign

Congratulations to Syawal who won RM200 voucher from Dealshelve Malaysia's campaign recently! Syawal used this voucher to claim a cool Blaupunkt DJ 112 Silver Edition Headphone which is worth RM388! (deal price RM199)
This branded headphone is a deal from Webuy.com.my and is designed and engineered in Germany, with high quality sound reproduction.
Well, if you wonder what is the campaign about, this is the story. In order to show our appreciation to users, we've launched a user reward campaign in Dealshelve Facebook page earlier last month. The rules are very simple, users just need to share out the campaign details on their Facebook wall and make sure they have registered as a Dealshelve user. The lucky winner can use the voucher to claim any deals listed in Dealshelve.
This campaign turns out pretty well and people were excited about it.
We would like to thank you for using Dealshelve and we'll keep improving the website to serve you better.

Sunday, March 4, 2012

Dealshelve 2.0, a smarter way to browse daily deals

By spending tremendous amount of effort and resources, the Dealshelve team would like to present to you -- Dealshelve 2.0, a major upgrade that covers both back-end core engine and user interface. It is much more powerful, informative and user friendly.

Smarter but simpler user interface
Dealshelve 2.0 makes it easier for you to find your favourite deals. With the re-organized and simpler user interface, the smart sidebar can help you to quick search and filter listed deals by city, deal sites, prices or even categories.

More comprehensive deals
By redesigning our back end core engine, Dealshelve 2.0 is able to show you the complete list of deals within your country (Malaysia, Singapore, Philippines). By browsing Dealshelve, you are up-to-date with all active deals from different deal sites. The newly design Dealshelve 2.0 core engine is smarter and able to bring you every single sub deals from the deal source.
More details with Preview
With the newly introduce "Preview" feature, you can get to know more about the details of a deal without wasting time to redirect to the specific deal site and spend time loading the whole page. Dealshelve "Preview" feature makes your surfing easier by showing you the deal's description, merchant info and map immediately, right on Dealshelve page.

Tuesday, September 13, 2011

UPDATED: Groupon leads Malaysia group buying market with RM4.25 million revenue in August 2011

Groupon
How much revenue does group buying market in Malaysia generate? Dealshelve as Malaysia's most comprehensive group buying deals aggregator has compiled some interesting data about group buying market in Malaysia for August 2011.

Disclaimer: The statistics is purely based on data aggregated from group buying sites and we cannot be sure if any of the sites manipulated the number of sales in their deal pages.

August Statistics

RankSiteRevenueNumber of salesRevenue per saleNumber of dealsLowest priceHighest priceAverage price
1Groupon*RM4.25m78.2kRM54.33265RM4.50RM1488.00RM146.56
2EverydayRM1.74m110.9kRM15.73193RM1.00RM388.00RM42.45
3MyDealRM1.26m43.1kRM29.17139RM3.50RM3988.00RM225.80
4MilkADealRM383k8.1kRM47.3251RM13.90RM499.00RM66.58
5JackcowRM338k16.9kRM20.0489RM1.00RM399.00RM50.97
6ILoveDiscountsRM308k7.8kRM39.4177RM9.80RM519.00RM74.06
7DealmatesRM237k5.0kRM47.08113RM3.50RM843.75RM105.72
8EziVoucherRM205k13.9kRM14.7634RM3.90RM199.00RM32.65

* Groupon Malaysia's statistics comes from groupsmore.com instead of groupon.my.

Revenue

In terms of revenue, the August 2011 group buying market in Malaysia is clearly led by Groupon, followed by Everyday and MyDeal in quite a distance behind. The three group buying giants are in the leading pack which recorded more than RM1 million revenue in August.

The second pack of group buying sites consists of MilkADeal, Jackcow, Superdeals, ILoveDiscounts, Dealmates and EziVoucher, each generating around RM200k-400k revenue. They are followed by several medium-to-small players each with revenue ranging from few thousands to some with slightly more than RM100k.

In May 2011, Everyday was acquired by South Korea's Ticket Monster, and only recently Ticket Monster itself was acquired by Living Social, the number two giant in group buying industry after Groupon. This may suggest the 1-2 competition between Groupon and Living Social is now being replicated in Malaysia.

Interestingly, MyDeal, which was reported to hit RM2 million monthly revenue, managed to record only RM1.2 million revenue in August. Could it be due to festive period where people spend less time online looking for deals? Or this is their low month?

From the above figures, and the figures from other unpublished smaller sites, we estimate the revenue of the group buying market in Malaysia is in excess of RM100 million this year, which is an equivalent of RM9 million per month.

Number of sales

Everyday wins in terms of the number of deals sold, probably due to the lower price on the deals they offer. Consumer tends to buy deals under RM20 and buy multiple of them to share with family and friends. The average selling price and revenue per sale statistics tells this story well.

We also note that EziVoucher is a Penang-only deals site with quite an impressive number of sales. Most of the other sites are either covering multiple cities or Klang Valley only.

Revenue per sale and selling price

The top three sites for the highest revenue per sale are Groupon, MilkADeal and Dealmates while Everyday and EziVoucher are at the bottom of the chart. From business perspective, a high revenue per sale accompanied by a good number of sales might translate to profitability. But to normal consumers, if you like to find deals that costs less than RM20, you will most likely get them from Everyday or EziVoucher.

Conclusion

Group buying market in Malaysia is growing rapidly with many new startups jumping into the bandwagon. It is worth noting that it is not always the case that only the top sites get acquired or funding from investors. Sites in the second pack like Dealmates has also attracted investment. Everyone is eyeing this lucrative piece of market, but who will prevail? Joel Neoh's prediction that only three can survive in this market does not seem to realize at least in the near future.

How do we get the statistics

The statistics is compiled based on the deals aggregated by Dealshelve that ended in the month of August. The statistics:
• includes deals started in July and ended in August
• excludes deals started in July and ended in September
• excludes ongoing deals

The revenue is calculated by multiplying number of deals sold with the selling price. Note that the statistics might have included deals that did not reach its minimum quantity where the payment needs to be returned to the buyers. For a few sites that we do not aggregate in a complete manner due to technical issue, we collect data from the site's "Past Deals" pages and manually compile them. We might missed out or have duplication of some deals but the error rate is estimated to be no more than 10% of the figures published.

More

If you are the owner of the above-mentioned sites and found that the statistics presented is inaccurate, do drop us an email at info@dealshelve.com. Or if you are just interested to know more about this statistics, do leave a comment or drop us an email. Visit us at http://dealshelve.com.

Thursday, July 28, 2011

Dealshelve featured in Sin Chew Daily

We were featured in the cover story for Sin Chew Daily print edition dated July 27, 2011. Our special thanks goes to Sin Chew Daily chief editor in CyberWorld section for the coverage.
In case if you missed the print edition, we have posted the digital copy of the news coverage below for your pleasure reading.

Monday, July 11, 2011

Groupon taking legal action on deals aggregator?

Earlier this week, we received a legal notice from the CEO of Groupon Singapore (formerly known as Beeconomic), stating that Dealshelve is displaying their deals in an "unauthorized" manner and legal action will be taken upon us if we do not remove their deals by Wednesday this week.

This bring us to an interesting question. Do daily deal aggregators like Dealshelve and Yipit have the legal right to display information extracted from daily deal sites? It is a common practice for daily deal aggregator to state the provider, i.e. source site, for all the deals that are listed. When a visitor is interested in a particular deal, there is usually a "find out more" button that will lead the visitor directly to the deal page on the source site itself.

Information collected by daily deal aggregator is readily published by daily deal sites on the Internet for public viewing. Anyone should be free to read or even share these deals. In fact, it is widely accepted that the key to success for daily deal website is to be able to broadcast their deals to as many people as possible in the shortest possible time. Most deals usually require minimum amount of buyers before they become available so sites, i.e. daily deal aggregators, that promote the deals can certainly help! Daily deal site that restricts sharing and publicity of their deals is unlikely to reach broader audience than they would have otherwise and most probably they also can't provide cheaper deals for the lack of mass buyers.

If referring and sharing information from other sites is illegal, how should we view the search results from Google or Yahoo? Should they be removed as well? If restriction in sharing becomes a trend, what can we get from the Internet as a whole? One of our principles is to be able to serve our users with deals from as many daily deal sites as possible so that they get to choose the one that they like the most. In this view, we humbly hope Groupon Singapore will be able to reconsider their request and withdraw the legal action against Dealshelve.


See also views on this matter at other news sites:

Tuesday, July 5, 2011

Tips for Online Group Buying

Group buying is a relatively new concept on the internet and many people are purchasing for the first time. I would like to share a few tips to fellow group buyers wannabe because buying deals online does not always give you a happy ending.

Here are a few simple tips from Dealshelve:
  1. Is it really a good deal? - Group buying sites like Groupon takes half of the amount you pay for the deal, so the merchants do not earn much (or they are actually losing money), they just offer the deal for publicity and advertising purpose. Some insincere merchants will jack up the price and claim to offer it at 50%-90% discounts to make sure they still earn money. How do you know it's a good deal? Ask your friends on Facebook!
  2. Read the fine print and call the merchant - What's the catch? Watch out for terms and conditions like "only valid on weekdays" or "3 days in advance is required for appointments" etc. All deals have its own terms, this is normal, so make sure you align your expectation accordingly. If you are in doubt please call the merchants directly to get more information, please note that sometimes deal sites (especially inexperienced sites) do not communicate properly with the merchant and have the fine print poorly written. Also don't be surprised that the merchant's receptionist is not aware of such deal being offered by their company. Of course, some sites have a comment section where the representative of the deal site or merchant is always standby to answer your questions.
  3. Beware of the number of buyers - Sometimes a deal is so good that it attracted more than ten thousands purchases. But please be aware that some merchants cannot cope with so many customers at once. Normally a deal site will extend the voucher validity period if the deal, for example, has more than 100 purchases, the period will be increased from one month to two months. An established and experienced group buying site will always set a maximum number to avoid over-purchase. If the deal has a great demand, it will be offered again in the future in a controlled manner. You certainly do not want your voucher to be useless because you can't book a time for your facial therapy on weekend, or you need to make a reservation 3 months in advance for your buffet dinner right?
  4. Beware of phishing sites - I have not heard of any fraudulent group buying sites in Malaysia yet but we need to be very careful when doing online transaction. This should not be an issue for the renown sites but there are so many new sites appearing in recent months. Take China for example, it has more than 4500 group buying sites and is growing at the rate of approximately 10 sites per day! Phishing sites is a real problem in China. In Malaysia, Dealshelve estimates that there is 1 new site appearing every week. But the good thing is most sites in Malaysia and Singapore are using payment gateway like iPay88, NBePay and PayPal. We should have better confidence on sites that uses payment gateway than those sites that require direct bank transfer or online credit card payment without payment gateway because the payment gateway company can be last line of defense in case of fraudulence.

Do you have more specific tips on group buying? Please leave a comment or send an email to info@dealshelve.com. Happy group buying!

Do join us in Facebook:
  1. Malaysia: http://www.facebook.com/DealshelveMalaysia
  2. Singapore: http://www.facebook.com/DealshelveSingapore
  3. Philippines: http://www.facebook.com/DealshelvePhilippines

Sunday, June 19, 2011

Father's Day Group Buying Deals Offering More Than RM3k Discounts!

So have you purchased any group buying promotion to celebrate Father's day? (Don't tell me you've forgotten. Yes it is today!) Well, I am sure a lot of people did that, either the son/daughter bought for their father or the father bought it for himself :P.

Anyway you might be surprised to know that since the last few days, Dealshelve has collected and presented around 26 Father's Day specific deals from Malaysia, Singapore and Philippines group buying sites. All these deals offered our readers a total discounted price of RM3000++ (value is converted to Ringgit from Sing Dollar and Peso).

Most of the Father's Day deals are related to gourmet. The merchants assume that people would like to go to restaurant for Father's Day celebration. For example, there is a 53% discounted buffet lunch promotion at Makati Palace Hotel (Philippines).

There is another irresistible buffet lunch at Green Hills Cafe (Philippines) at 50% discounts.
Some people would prefer to surprise their dad with a box of cupcakes from Fancy Cakes (Philippines). It's at 50% discounts!
Another 42% discounted chocolate banana royal cake from Pure Addiction (Singapore), looks yummy~ :)
Other than that, the second majority of deals come from beauty and wellness category. Of course, most dads love looking half their age as much as moms do! Salon De San Lorenzo (Philippines) provided a deal with 58% discounted price, for hair cutting and coloring.
How about some dads without hair at all? Well, plant it! :) Yun Nam (Malaysia) hair care package offered this 98% discounted deal for your dad.
In fact, for those dads with moustache or beard, Skin Diva (Philippines) offered a 72% discounted laser hair removal package.
Some group buying sites also offered hotel packages just for Father's Day. For example treating the hardworking dad to a restful weekend away from all the hustle and bustle of the city at Makati Palace Hotel (Philippines).
Some prefer Hotel Celeste (Philippines) too.
Other than food, beauty products and hotel packages, there are some Father's Day deals which are quite unique, for example a color changing mug from AllDealsAsia (Singapore).
And even a cutie bear from Baguio Petals for dads!!!