RetailMeNot Earnings Show Digital Coupon Industry Boom

Digital coupon site RetailMeNot announced that it has earned $61.3 million for the quarter. The company is up by 51 percent and says that revenues from mobile have more than doubled from the year prior, according to E-Commerce Insider.

This strong growth indicates that more people are checking the site for digital coupons before making an online purchase.

However, E-Commerce Insider is also reporting that if the company is only relying on one channel for traffic, that may pose a risk to growth if Google decided to enter the digital coupon market.

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