Comments on: The big Groupon question http://blogs.reuters.com/felix-salmon/2011/06/11/the-big-groupon-question/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: rajanrufus http://blogs.reuters.com/felix-salmon/2011/06/11/the-big-groupon-question/comment-page-1/#comment-35303 Wed, 25 Jan 2012 00:24:22 +0000 http://blogs.reuters.com/felix-salmon/?p=8627#comment-35303 Excellent post and it looks informative. Thanks for your sharing.

http://www.cogzidel.com/groupon-clone

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By: Nayeem_Modikar http://blogs.reuters.com/felix-salmon/2011/06/11/the-big-groupon-question/comment-page-1/#comment-31825 Fri, 14 Oct 2011 07:24:06 +0000 http://blogs.reuters.com/felix-salmon/?p=8627#comment-31825 Groupon methodology (B2C and B2B) actually worked well in the past because of the popularity, size and ability to handle more growing amount of workload. But it is not the situation now. With the arrival of high competition such as Google offers, Facebook deals, Living social, and some other local clones for deal sites http://www.agriya.com/groupon-clone ,it should give best customer support and concentrate in…

1. Increase of advertisement apart from E-mail for more consumer benefits.

2. More added geolocations apart from the U.S to cover more markets.

Already, Groupon has introduced the daily deals in iPhone and Android. Similarly, more technological features and advancement for better purchase of quality products at cheap rate.

With these things are in place, the business model would definitely work for merchants and consumers in the future.

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By: Nayeem_Modikar http://blogs.reuters.com/felix-salmon/2011/06/11/the-big-groupon-question/comment-page-1/#comment-31824 Fri, 14 Oct 2011 07:19:07 +0000 http://blogs.reuters.com/felix-salmon/?p=8627#comment-31824 Groupon methodology (B2C and B2B) actually worked well in the past because of the popularity, size and ability to handle more growing amount of workload. But it is not the situation now. With the arrival of high competition such as Google offers, Facebook deals, Living social, and some other local clones for deal sites (http://www.agriya.com/groupon-clone), it should give best customer support and concentrate in…

1. Increase of advertisement apart from E-mail for more consumer benefits.

2. More added geolocations apart from the U.S to cover more markets.

Already, Groupon has introduced the daily deals in iPhone and Android. Similarly, more technological features and advancement for better purchase of quality products at cheap rate.

With these things are in place, the business model would definitely work for merchants and consumers in the future.

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By: ErikSev http://blogs.reuters.com/felix-salmon/2011/06/11/the-big-groupon-question/comment-page-1/#comment-27578 Mon, 13 Jun 2011 19:05:33 +0000 http://blogs.reuters.com/felix-salmon/?p=8627#comment-27578 Lots of great info – thanks!

If you are interested to see what one of your long-time readers is doing to attack the targeting/personalization issue – not just for groupon but for e-commerce in general, check out http://www.koaladeal.com.

Cheers!

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By: AnonymousChef http://blogs.reuters.com/felix-salmon/2011/06/11/the-big-groupon-question/comment-page-1/#comment-27568 Mon, 13 Jun 2011 14:21:59 +0000 http://blogs.reuters.com/felix-salmon/?p=8627#comment-27568 Just to throw my anecdote in here:

My wife and I subscribe to a number of these sites (Groupon, Living Social, Restaurants.com . . .). The targeting isn’t great (no, I don’t want a mani/pedi for the third straight day) but it has some really interesting activities I never would have guessed were in Cleveland.

From the businesses’ perspective, we’re better customers for the activities than the restaurants. My wife got beginner flying lessons and yoga classes. I got personal training, cooking lessons and nearly bought scuba lessons (and may still go and pay full freight anyway). We were only aware of the cooking lessons before, and would have gone back without the discount (though not as often as we do now).

As for restaurants – I never buy on Groupon but I do on Restaurants.com. And frankly, since I’m not going to the same restaurant more than once a month for dinner, I can’t see why I wouldn’t buy a coupon before going.

Now, if restaurant.com is really a form of price discrimination (we’re still profitable customers, but less so than people who don’t know) then it works – we’ll go back with some frequency. But I can only think of two or three times we’ve gone back to one and paid full freight.

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By: AbeB http://blogs.reuters.com/felix-salmon/2011/06/11/the-big-groupon-question/comment-page-1/#comment-27549 Sat, 11 Jun 2011 21:39:37 +0000 http://blogs.reuters.com/felix-salmon/?p=8627#comment-27549 I’d love to see some data on the half life of companies that place super bowl ads, corollated to the age of the company.

It’s sort of insane that a company with a business model indistinguishable from spam is about to have what looks to be a monster ipo…

Given all the improv guys they supposedly have hired I suspect there will be some great reinactments of Glengarry Glen Ross going on in their offices in the next few years…

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By: petertemplar http://blogs.reuters.com/felix-salmon/2011/06/11/the-big-groupon-question/comment-page-1/#comment-27547 Sat, 11 Jun 2011 13:03:08 +0000 http://blogs.reuters.com/felix-salmon/?p=8627#comment-27547 I can’t believe people devote brain power to talking about this company.

I get an endless stream of worthless offers from Groupon. Eventually, like most people, I will simply unsubscribe.

I do think Groupon works well as a deathwatch monitor for restaurants. If I see a restaurant on Groupon, I assume they are in trouble.

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By: KenG_CA http://blogs.reuters.com/felix-salmon/2011/06/11/the-big-groupon-question/comment-page-1/#comment-27543 Sat, 11 Jun 2011 05:30:22 +0000 http://blogs.reuters.com/felix-salmon/?p=8627#comment-27543 “I do worry that Groupon is as famous for being valuable and fast-growing as it is for providing the first-ever scalable solution to the problem of how small local businesses can leverage the marketing power of the internet.”

Scalable? They have sales people negotiate every deal with merchants? that’s not scalable. If they are losing money hand over fist because they are trying to grow a business that requires more and more people to generate sales, it’s not scalable. It’s a pyramid scheme.

Mark is right about the lottery ticket aspect of Groupon’s IPO. The stock will most likely rise on opening day, and some people will make money. Most will lose, and until then, groupon will generate lots of page views for posts and articles about the next big thing and those amazing new dotcoms. Probably a lot more entertaining than reading about financial crisises, but if you’re looking for entertainment in the tech world (not that the latest scam/fad should be considered tech just because it runs on the web), nothing beats an Apple product introduction, where you can almost see their competition crapping in their pants and losing sleep worrying about how to respond.

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