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You really hit the nail with those simple percentage, its clear as day to me now. So it seems to me that Groupon really makes sense for businesses with fixed &
by scrape_it 7y ago
You really hit the nail with those simple percentage, its clear as day to me now.
So it seems to me that Groupon really makes sense for businesses with fixed & low variable costs, thick enough margins to come out ahead and either repeat business or extra spenders.
I think the advertising comparison makes sense here.