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Re:Groupon, which has lost 99.4% of its value since its IPO,... by throwaway50601 on Friday March 31, 2023 @05:12PM (#35393736)
It doesn't offer discounts, it sells experiences. It's like a special promo, maybe with a little discount, but more importantly there's something special about it - something bundled, a gift, a theme, a story, maybe you meet someone unusual who teaches you or shows you something, or it's regarded as high-class...

The goal is not to get repeat customers going to your shop, but to sell more on Slevomat. It's like a platform for experiences. People use the vouchers as gifts for their close friends and family. If they liked the experience, they will reuse the idea as their own gifts.

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