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Groupon: Good or Bad for Business?

Groupon dot com has become a hit for businesses and consumers, providing customers with a daily discount that can lead to big savings. But, all those new patrons can backfire on the business. The AP’s Mark Carlson explains. (Aug. 2)

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9 Responses to Groupon: Good or Bad for Business?

  1. grouponincomesystem July 28, 2011 at 4:11 am #

    Check out our new method for making money with Groupon.

  2. Vpride1 August 10, 2011 at 8:24 pm #

    Next time i will use groupon if i can find some manufacturers to make robot to cut hair and do nails so that i do not mind to loose 75% for deal and fees and do not care for loosing loyal clients cause i am going to using groupon for life.

  3. paidpunch August 15, 2011 at 12:00 am #

    The Groupon platform is a scam for the business. It’s amazing for the customer, but the business struggles to make money.

    We’re creating a new kind of marketing tool that will absolutely revolutionize the way your small business markets on and offline.

    -Tony (CEO at PaidPunch)

  4. 507Jerry August 20, 2011 at 6:28 am #

    Groupon can be a nightmare for a small business without proper planning and execution. First, the small business owner must run the numbers to see the ROI at different levels and also consider how much a business can handle without hurting the service level. Some owners get greedy and it costs them big time. It would be smart to set a small limit the first time or get a professional to help set up the Groupon campaign.

    Also, small business owners do a poor job in getting contact info.

  5. gkntym November 26, 2011 at 8:27 pm #

    Their fault for not putting a maximum on.

  6. lucasyl84 March 28, 2012 at 9:19 am #

    ESCROT, VOLEUR!!! Vérifier les forum qui leurs sont défier !! Je me suis fais arnaquer

  7. chong890 April 16, 2012 at 10:45 am #

    groupon lies !
    just used groupon last week and discovered savings of only $3 when it advertised 50% off on regular price of $48

  8. zzzraton April 22, 2012 at 10:00 pm #

    Groupon is not good for any kind of business. the reason is they took the half of the merchant discount price. so the owner of business would lose money on those groupons. plus, they have to pay salary to their employee. no matter how many groupons sold, the owner will end up lose a lot money, unless some small business that work themself like family style. otherwise, they don’t make any money. I would say the more they sell, the more they lose. that’s why they don’t really like to have Groupon.

  9. zzzraton April 22, 2012 at 10:05 pm #

    so sometimes, a lot customers will feel like be treating second class, because of that. makes owner feels like any one groupon customer they do, it start lose money. plus, if the merchant sold tons of groupons, they might not hnor right away, you have to wait long times. instead give you appointment, they better give to their regular customer because they pay full price. a lot customers they don’t understand why they do that? we can not really say it’s merchant fault. it just the reality.

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