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I think what is particularly interesting about the data surfaced in this article is the baseline prices from Groupon et al are so grossly exaggerated in this pa
by martian 15y ago
I think what is particularly interesting about the data surfaced in this article is the baseline prices from Groupon et al are so grossly exaggerated in this particular vertical (service industry).
For the service industry in particular, hourly rates can vary drastically by geography and type of business, whereas for spas, restaurants, or other store-front businesses, it's clear whether or not you're getting an actual deal/coupon because you can compare the deal to the base menu or pricing packages.
- veyron 15y agoThis happens for products as well. There was a controversy with FTD over flowers because the discount was based on the full prices, but the normal prices shown on the website was a sale price.