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Advertising methods can take a long time to learn, especially for small bricks and mortar businesses that Groupon served. A negative can be quick: your 1000 pos
by netcan 13y ago
Advertising methods can take a long time to learn, especially for small bricks and mortar businesses that Groupon served. A negative can be quick: your 1000 poster and leaflet campaign didn't get any people to you two for one Tuesday promo.
Groupon generally passed the first test: get customers through the door at a reasonable cost. The problem is that people bought groupons specifically for things they wouldn't buy normally. So, it turned out to be advertising to a bad market.
- smoyer 13y ago"people bought groupons specifically for things they wouldn't buy normally" My daughter was seriously considering a two-for-the-price-of-one tethered parachuting deal. Her mom and I weren't terribly thrilled by the idea of her jumping out of an airplane even once!