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The "daily deal" space is rapidly being turned into a commodity service. I'd expect the splits to become even more favorable for merchants. How low can it go? P
by gallerytungsten 15y ago
The "daily deal" space is rapidly being turned into a commodity service. I'd expect the splits to become even more favorable for merchants. How low can it go? Probably all the way to 10% or less for Groupon.
- AznHisoka 15y agoYup, and the lower the discount, the less excited the customers. Groupon is example of there being no free lunch. Of course you can make customers happy.. anyone can.. just give stuff for free or 50% off, but how do you create value without giving it away? Groupon has no answer for that
- robryan 15y agoWhich they seem to be nowhere near efficient enough in closing sales to local business to make money at that rate. Maybe eventually after every local business has been introduced to the concept if it really has legs it will become self service.