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To: Covenant who wrote (2855)6/4/2012 3:23:38 PM
From: hdl  Read Replies (1) | Respond to of 3249
 
Re: At what price would you buy GRPN?

i use groupon and living social a lot and have the belly to prove it.

i get 50% off. i spend a bit over. i pay tax and tip on the total. i travel to and from the restaurant - i've learned to limit the distance a bit. i can't combine with other coupons, pre fixe, early bird, special menus, or monday, or tuesday or monday to thursday or whatever deal. but, still the groupon deal is better, but not a true saving of 505 as other deals are available.

i buy a groupon and am offered opportunity to buy other groupons, often for restaurants i've previously bought groupons for. there are so many opportunities that most of the time i eat out it is on living social or groupon.



To: Covenant who wrote (2855)6/4/2012 3:30:55 PM
From: XoFruitCake4 Recommendations  Read Replies (1) | Respond to of 3249
 
Re: At what price would you buy GRPN?

I haven't used GRPN in about 4 months

My daughter thought about quiting her job and start something similar to grpn in Asia a while back. So we have a lot of time trashing the business model (she is still working so we both don't like the model very much). My 2 cents is that the current environment is the best that Grpn can ever hope. They need a continuous stream of quality business willing to discount heavily to promote their business. Grpn business is limited by the deals available (and not crappy deal.. Crappy deal turn off the customers). If business enviornment is getting better, the deal will be less. If business environment is doing terrible, business will shut down and won't be able to do the promotion. So as far as the number of business willing to go with GRPN route is max out about here. If they cannot make money, they will never be able to make money. Also the business is not scalable. There is a lot of sales support to get your business willing to do the discount. They roll off really fast (i.e. they will do one or 2 deals and work do it again) and you need the salesman to work the territory and drum up new business ..



To: Covenant who wrote (2855)6/4/2012 3:53:45 PM
From: DoggyDogWorld1 Recommendation  Respond to of 3249
 
Re: At what price would you buy GRPN?

My wife bought some Groupons a while back. She used some, others are approaching expiration. Most are for stores we don't normally frequent because they are too pricey or too far away. These stores lose out because we don't repeat. A few are for places we already frequent, so the store takes a loss from a customer they already own.

Not saying Groupons don't have a place alongside other promotions, but the value add is pretty low. We've also got a few AmazonLocal, GoogleOffers and LivingSocial deals. Ones as good as another - I don't see any brand equity.



To: Covenant who wrote (2855)6/4/2012 4:28:34 PM
From: thatsnotluck  Respond to of 3249
 
Re: At what price would you buy GRPN?

<<Same here. I haven't used GRPN in about 4 months.>>

so in other words you use GRPN more often than you use RSH....