5 ms·
That's what it was originally. The idea was that the coupon would only be sold if you got a certain number of people together. So it's sort of like these buying
by wnissen 12y ago
That's what it was originally. The idea was that the coupon would only be sold if you got a certain number of people together. So it's sort of like these buying clubs that group a bunch of individuals together and buy from the low bidder. Once Groupon got big there were so many takers for each deal that the buying club aspect fell by the wayside.
- tehabe 12y agoI remember a Dutch company which tried that, if a certain number of people would buy the would be slightly cheaper. But they couldn't really attract a lot of customers despite a huge budget across Europe. So it failed.
- chkuendig 12y agoThat was LetsBuyIt.com, see http://news.bbc.co.uk/2/hi/business/1122354.stm http://news.bbc.co.uk/2/hi/business/1122354.stm
- alasdair_ 12y agoRemarkably, Massdrop is managing to continue to do exactly this. I wonder if they can scale past their techie/nerd niche.