4 ms·
I'd be interested to hear how the deals actually end up working out for the businesses in the long term. Sure, they get people in the door, but at a 50% discou
by mtalantikite 17y ago
I'd be interested to hear how the deals actually end up working out for the businesses in the long term. Sure, they get people in the door, but at a 50% discount plus the significant cut Groupon takes, they're not left with much. Plus it seems like most purchases are one off visits, as there are plenty of random acupuncture/restaurant/massage/etc deals to never have to repeat a place.
Also, the collective buying power part doesn't really exist as far as I can tell -- I can't say I've seen any deals not get the minimum amount of buyers in the past year or so.
- yeeyay 17y agoIt is basically another form of advertising for the business. This is an alternative to putting a blah coupon in some magazine and hoping.