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This new offering was a direct competitor to other social commerce sites such as LivingSocial and Groupon for online coupons and deals-of-the-day. Facebook users were able to use Facebook Credits to purchase vouchers that could be redeemed for real goods and services. Deals expanded to Charlotte, St. Louis and Minneapolis in late June 2011.
Coupon collector's problem. In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more ...
As of February 2011, Facebook had become the largest online photo host, being cited by Facebook application and online photo aggregator Pixable as expecting to have 100 billion photos by summer 2011. As of October 2011, over 350 million users accessed Facebook through their mobile phones, accounting for 33% of all Facebook traffic.
There’s only 10 out of 50 major metropolitan areas where a household earning the median income can put less than 20% down and still have an “affordable” payment on the typical home, Zillow ...
According to this source, 1 November 2011 to 30 September 2012 will be a transitional period and as of 1 October 2012, imports and sales of ordinary incandescent bulbs of 100 watts or more will be prohibited. The first phase will be followed by a ban on 60-watt-and-higher incandescent light bulbs starting in October 2014.
An online shop evokes the physical analogy of buying products or services at a regular "brick-and-mortar" retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online shopping.