they had a story on TV about this the other day - Business basically said is was a waste of time for them -- because the people who took advantage of the offer never come back - they just move onto the next business.
but you know what -- Groupon still gets their cut --- so for them its a good business model.
It's also like a business wanting to get big in Facebook thinking their Business Site is going to go viral and they are going to make a bunch of money ---> problem is not everyone who uses Social Sites is there to pull money out of their wallet every time someone sends them something ... so the conversion rates are less than 1% and the business loses money on the deal.
It's a very cruel world out there when it comes to this stuff -- theres an old saying " if it sounds to good to be true then it probably is " I think you always got to keep this in mind.
but you know what -- Groupon still gets their cut --- so for them its a good business model.
It's also like a business wanting to get big in Facebook thinking their Business Site is going to go viral and they are going to make a bunch of money ---> problem is not everyone who uses Social Sites is there to pull money out of their wallet every time someone sends them something ... so the conversion rates are less than 1% and the business loses money on the deal.
It's a very cruel world out there when it comes to this stuff -- theres an old saying " if it sounds to good to be true then it probably is " I think you always got to keep this in mind.