Isaac continued, “What we believe separates LiveDeal from others in the industry is that we are focused on creating an ongoing, long-term sustainable revenue stream that will position us to be an industry leader in the instant deal space. Unlike our competition, we offer merchants free subscriptions to join the site forsaking a small amount of short term revenue to attract long term, quality subscribers, with the intent to ultimately establish a long-term sustainable revenue model. With LiveDeal’s long-term philosophy we believe we can increase the number of merchant subscribers to our database, enabling us to aggressively build our database and then begin to market our sites as an advertising medium, similar to the strategy followed by Groupon, Inc. (GPN) and Facebook, Inc. (FB).”
“We feel confident that sustained double-digit revenue growth will continue throughout 2014 with the addition of our Goods division,” concluded Mr. Isaac.
And about a 60 Million market cap vs. Groupon 4.5 BILLION and FB and 160 BILLION. Live has room to grown and gain imo.
How are they going to get on Google's page one under every key word and/or phase that there suppose to be selling. GOOD LUCK. I just sold my ticket broker company because the cost and time to get (and stay) on Google's page 1 would have eat up every penny of profit our company made, which was a few million per year. They can't complete with GRPN non do they have the time (I mean years) or money to do so. WATCH THEM GO TO ZERO OVER TIME.