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I wonder what Groupon's repeat business is like. Do they convince some small business to price their service incredibly under cost, take their rip, and leave t
by brezina 17y ago
I wonder what Groupon's repeat business is like. Do they convince some small business to price their service incredibly under cost, take their rip, and leave the business to deal with 2,000 loss leading customers? I'd love to hear from this helicopter company again in a few months after they've worked their asses off to give out 2,000 cheap lessons all for 2 or 3 repeat customers. That model simply isn't sustainable.
- aresant 17y agoYah, very interesting if you measure in that context. Lots of the restaurants seem to be doing a "food at cost" type offer and make it up on the booze sales. For a restaurant that could be a great strategy -