Re:Andrew Mason out at Groupon
by robk on Friday March 01, 2013 @06:27AM
(#5303767)
Exactly this. Seems like a shell game at this point with not much hope in their near-term future. Goods is a low-rent version of Woot and is going to be very hard for them to stay competitive in since most goods don't have nearly the margin they can get off a daily deals machine. And high-margin goods by nature have other sellers who can afford to spend on marketing out of that margin, negating Groupon's built-in marketing advantages.
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