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The title here seems a bit sensationalist. I was expecting to read a story about how Groupon is bleeding a million per day. Instead, this is an article about ho
by randomdrake 14y ago
The title here seems a bit sensationalist. I was expecting to read a story about how Groupon is bleeding a million per day. Instead, this is an article about how one company's analysis has concluded that they could be making $1,117,808 more per day.
A missed profit is not a loss. It's a missed opportunity, sure, but I don't think calling it a loss is appropriate.
- pccampbell 14y agoDrake - you're right it is a bit misleading, because I would equate a loss as more from marketing, waste, or mismanagement. Yet, I'd also equate missing out an opportunity as a loss as well, albeit not in the traditional sense.
- studiosam 14y agoTotally agree, I was expecting the usual bash Groupon and daily deals article. Cant wait to see where they are in 2 or 3 years
- dquigley 14y agoI agree that "A missed profit is not a loss." For example, Amazon is in my opinion a company that doesn't focus on increasing profits, especially in product areas where they are trying to push out competitors. Groupon could be artificially holding their price low to force out competitors.