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GroupOn is trying to solve a two-sided problem.

1. Businesses need more customers

2. Customers want cheaper stuff

I'm just not sure that linking the two solves either problem. You've got cheapskates taking up deals and never coming back.




Don't see why it is cheap to take a deal. I'm not a coupon addict, but my wife is one. Since she discovered Groupon she refuses to buy anything not on sale. I think its pretty smart, I'd do the same but it takes too much time and dedication to shop that way.


>Since she discovered Groupon she refuses to buy anything not on sale. //

I can't recall the exact figures but the way Groupon's deal worked when they pitched me was a definite loss-maker. Groupon took their portion, the customer was required to get a massive headliner discount to make the deal look attractive. Effectively Groupon's proposition was for us to swallow a big loss to send them revenue.

I like a bargain but if the "bargain" means that a third party profits whilst I get to help send local businesses under then I can't take that offer. Sure for some types of business Groupon can work but they don't [didn't] only target those businesses.

Demanding unsustainable prices is "cheap" because it's not a proper saving. You end up paying for [your share of] the social welfare payments for the people that go out of business and the businesses no longer exist to serve you.




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