Re:Groupon Is Laying Off 1,100, Shutters Operations in 7 Cou...
by shostack on Tuesday September 22, 2015 @02:17PM
(#10260483)
Yeah, this was one of my increasing issues. As soon as word got around that lots of businesses were taking a bath because they weren't getting repeat customers, or the expected alcohol sales to make up the difference, etc. because hey, shocker, Groupon purchasers were looking for low-cost deals, they started with this approach.
Groupon then became a way to drum up business when things were slow while still hopefully making some margin on them by using the cheapest ingredients, smaller portions, offering a less costly (ie. higher margin) experience, etc.
Ended up leaving a bad taste in the customers' mouth almost guaranteeing they wouldn't return.
Groupon then became a way to drum up business when things were slow while still hopefully making some margin on them by using the cheapest ingredients, smaller portions, offering a less costly (ie. higher margin) experience, etc.
Ended up leaving a bad taste in the customers' mouth almost guaranteeing they wouldn't return.