411 karma · joined July 15, 2009
My work: http://HackersDaily.com http://SnappyCheckout.com http://SingersCreations.com
When I send them DMCA takedown notices, they only remove the content if I remind them 3 or 4 times. After weeks of reminding them, the content has been seen by thousands. That kind of defeats the purpose of them even offering to take down the content.
Ideas are a dime a dozen. The real value is in the execution. Execution is nearly impossible to duplicate.
"The 32% that said they didn’t make a profit from the program reported that customers rarely bought more than the coupon deal and few returned to the business at a later date."
If over 68% of the customers returned, then I'd call that a huge success.
I bet the average person would go back and/or recommend the restaurant to friends if they had a good experience though.
That's kind of scary. I just got a Sarah Palin flashback.
"Groupon is very good at creating hoards of customers; what it lacks, I think, is the consultation that should be provided to businesses about how to limit and handle the crowd."
Maybe they just need to allow businesses to put a cap on the number of coupons that are sold? Since a lot of companies are only advertising to their local market, I wouldn't even think this would be an issue.