Groupon article... - GoFuckYourself.com

camperjohn64 · 06-14-2011, 02:24 PM

http://techcrunch.com/2011/06/13/why...-for-collapse/

I think it was a mistake not to take Google's buyout offer, but poised for collapse...I think it could have merit.

Thoughts?

KRosh · 06-14-2011, 02:52 PM

Quote:

Originally Posted by camperjohn64

http://techcrunch.com/2011/06/13/why...-for-collapse/

I think it was a mistake not to take Google's buyout offer, but poised for collapse...I think it could have merit.

Thoughts?

The system works for a lot of retail businesses.

My family has made over 2000 sales (all new customers) and are able to monetize at 50% off and almost everyone has purchased up-sales.

Out of 2000+ Groupon says that 20% will never cash in their coupon.

I am not sure if they are poised for collapse but definitely poised for a flat line.

Mutt · 06-14-2011, 03:04 PM

TheDoc · 06-14-2011, 03:10 PM

I don't feel sorry for companies that fail on groupon advertising... it's a win/win, unless you're a complete idiot at marketing.

woj · 06-14-2011, 03:55 PM

Quote:

Originally Posted by Mutt

They also got a check from groupon for like $3 for that, so $4 total... which is just about what the meal cost them to produce, so they came out even and with some luck will get some return customers out of it...

seeandsee · 06-14-2011, 04:12 PM

Quote:

Originally Posted by Mutt

groupon will rock for long time!

slapass · 06-14-2011, 04:25 PM

I did a Groupon and it rocked. We were just discussing doing a competitor. You need to tailor the offer so that it works for you.

06-14-2011, 02:24 PM	#1
camperjohn64 Confirmed User Industry Role: Join Date: Feb 2005 Location: Los Angeles Posts: 1,531	Groupon article... http://techcrunch.com/2011/06/13/why...-for-collapse/ I think it was a mistake not to take Google's buyout offer, but poised for collapse...I think it could have merit. Thoughts? __________________ www.gimmiegirlproductions.com

06-14-2011, 03:04 PM	#3
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	__________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

06-14-2011, 03:10 PM	#4
TheDoc Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Location: Currently Incognito Posts: 13,827	I don't feel sorry for companies that fail on groupon advertising... it's a win/win, unless you're a complete idiot at marketing. __________________ ~TheDoc - ICQ7765825 It's all disambiguation

06-14-2011, 04:25 PM	#7
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	I did a Groupon and it rocked. We were just discussing doing a competitor. You need to tailor the offer so that it works for you.