Feb 15th, 2011
I Still Love Groupon, But Not Everyone Does Anymore
Groupon has been making news everywhere, but unfortunately, not the best news recently.
Groupon’s suffered from concern that while its business is fine and the deal for the consumers are great, the companies offering discounts through them often get hammered financially, despite the great promotion that it offers.
More recently, a Super Bowl ad that was considered racially insensitive and a deal with FTD that apparently ended up being close to worthless for the consumer as FTD’s special Groupon Web site had prices that were raised enough to negate just about all savings from Groupon.
Still, I check Groupon and its workalikes daily and I hope that they are able to rebound from this. I still love you, Groupon!
I think Groupon is great but I don’t see them having the billions and billions in market value that some analysts seem to be projecting if they were to go public.
GREAT JOB
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