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| SOWPub Business Forum Seeds of Wisdom Forum |
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#4
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There was no reason for groupon or for a business to use them!
Here is the breakdown: Sell a service for 50% of normal cost Pay groupon half of what you receive Train the groupon customers they can get 1/2 price on what you normally sell for full price Make your full paying customers wait until you take care of the 1/2 paying customer Spend a good portion of your time (sometimes over 90% of your time) taking care of these customers that cost you 75% your normal rate. lather, rinse, repeat - probably not more than once! |
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