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By TaiTran, August 20, 2012 1:30 am

1. Luxury products: prospect for high margin
2. Fashion products are not standard thus allow for better margin
3. With the investment Reebonz can afford a price war until competitors die off
4. Aims at building brand loyalty

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By TaiTran, November 17, 2011 10:53 am

Flash sale is the next trend that follows Groupon cloning in Vietnam.

Till now I have the information of 3 services.

1. Brandsfavor.com, founded by the same owner as the online T-shirt service Fakoon.com
2. Rumor of one by MJ Group
3. A confirmation of one by Ngan Sau

What other services do you know of?

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By TaiTran, August 22, 2011 4:56 am

Thanks @nguyentridat

Reading: recession Flash Sale

Secret’s Out: Sample Sales Move Online http://www.nytimes.com/2009/12/07/technology/internet/07private.html

Even Marked Up, Luxury Goods Fly Off Shelves http://www.nytimes.com/2011/08/04/business/sales-of-luxury-goods-are-recovering-strongly.html

Flash-Sale Site Shifts Its Model http://www.nytimes.com/2011/08/15/business/flash-sale-site-turns-to-more-traditional-retail-models.html?_r=2&scp=1&sq=Gilt&st=cse

A list of flash sale sites:

1. http://www.gilt.com/
2. http://www.fab.com/
3. http://www.hautelook.com/
4. http://www.ideeli.com/
5. http://www.myhabit.com/
6. http://www.ruelala.com/
7. http://www.onekingslane.com/ – Household goods
8. http://www.overstock.com/ – Household goods
9. http://www.ashford.com/ – Watches
10. http://www.bluenile.com/ – Jewelry
11. http://www.jetsetter.com/ – Household goods, owned by Gilt
12. http://www.reebonz.com/South East Asia
13. http://www.brandsfavor.com/ – the first Vietnamese flash sale
14. http://www.nhomvip.vn/ – from VTC Online

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By TaiTran, November 2, 2007 1:24 pm

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