GROUPON - Business model Chalanachithram.com | Topics | Search
Hide Clipart | Log Out | Register | Edit Profile

Last 30 mins | 1 | 2 | 4 hours     Last 1 | 7 Days

Chalanachithram.com DB » New TF Industry Related » Archive through March 05, 2014 » GROUPON - Business model « Previous Next »

Author Message
Top of pagePrevious messageNext messageBottom of page Link to this message

Twitter
Legend
Username: Twitter

Post Number: 32767
Registered: 10-2009
Posted From: 192.193.171.152

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 01:32 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

kaani groupon lo anni hiked prices untai anipissindhi .. for eg: burger kind burger actual price $20 after 45% groupon coupon $11 .. come on regular price $11 ki full combo osthadhi .. ilantivi chaala unnai especially restaurants vi..groupon deals are better for consumer goods imo
Top of pagePrevious messageNext messageBottom of page Link to this message

Last_avataar
Comedian
Username: Last_avataar

Post Number: 1498
Registered: 09-2012
Posted From: 12.10.219.228

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 01:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Here is some calculation : Example a Restaurant

Original Mean Say - $50 coupon
Deal - $25

If in a given span of 90 days. the number of people that may visit this restaurant could be 150 families buying at riginal cost = 150 * 50 = 7500.

But with the deal even alteast the volume will be 4 times the original
600 * 25 = 15000. Half should be given to Groupon. That leaves 7500 to Resturant. But I saw Resuarant increasing thier Menu Price after Groupon
so a $50 , consumer get a food for $35-38 in reality. So Restaurants can offset thier losses there.

The only Advatage is visibility , in most of the cases there may not be a profits. Group on Model is very difficult to sustain in long run unless they diversity
Top of pagePrevious messageNext messageBottom of page Link to this message

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 10391
Registered: 01-2008
Posted From: 166.147.120.22

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 01:10 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

OT,
100 coupons print chesi em chesthaavu? Decent news paper lo one time print chesina, more than 2000-3000 bucks
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
Top of pagePrevious messageNext messageBottom of page Link to this message

Saint
Megastar
Username: Saint

Post Number: 28814
Registered: 01-2011
Posted From: 12.22.163.132

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 01:09 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Humpty_dumpty:

nene seppindhee kooda aday gaa


but maintenance anni kalipithe adhi ekkuva avuddi...
Top of pagePrevious messageNext messageBottom of page Link to this message

Humpty_dumpty
Moderator
Username: Humpty_dumpty

Post Number: 25266
Registered: 02-2009

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 01:05 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Saint:

adi actual food cost...


nene seppindhee kooda aday gaa
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136492
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 01:02 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Rebel,

Yes, actual food cost anthe
Top of pagePrevious messageNext messageBottom of page Link to this message

Saint
Megastar
Username: Saint

Post Number: 28808
Registered: 01-2011
Posted From: 12.22.163.132

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 01:02 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Humpty_dumpty:

cost of running business, rents, salaries...ivi anni add sesukovaali


adi actual food cost...
Top of pagePrevious messageNext messageBottom of page Link to this message

Saint
Megastar
Username: Saint

Post Number: 28807
Registered: 01-2011
Posted From: 12.22.163.132

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 01:01 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Rebel:

nuvvu maree baasu..$10 worth food cost only $1.50 aa ? ala aithe mr.hyd 1 yr lo millionaire anna maata..




ante oka breakeven point vuntadi...(rents/salaries/etc anni reach ayyaka)

actual food cost anthe padathadi...aa breakeven point reach ayyaka aa paina chese business lo 80-90% profit...vuntadi..


oka restaurent lo monthly 10k breakeven ithe....vallu 10k paina chese business lo 80-90% profit vuntadi...
Top of pagePrevious messageNext messageBottom of page Link to this message

Dreamcatcher
Side Hero
Username: Dreamcatcher

Post Number: 5374
Registered: 11-2009
Posted From: 208.86.145.68

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 01:00 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Humpty_dumpty:

oh GROUPON antay deals aa




DC lo parking ki kooda deals untaayi. Monna auto show ki yellinappudu $25 parking $12 ki vachindi.
Top of pagePrevious messageNext messageBottom of page Link to this message

Humpty_dumpty
Moderator
Username: Humpty_dumpty

Post Number: 25265
Registered: 02-2009

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 01:00 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Rebel:

$10 worth food cost only $1.50 aa ?


actual gaa if they are not serving real meat ...anta range lonay utnaadhi
cost of running business, rents, salaries...ivi anni add sesukovaali
Top of pagePrevious messageNext messageBottom of page Link to this message

Humpty_dumpty
Moderator
Username: Humpty_dumpty

Post Number: 25264
Registered: 02-2009

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:58 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

oh GROUPON antay deals aa :D
Top of pagePrevious messageNext messageBottom of page Link to this message

Rebel
Hero
Username: Rebel

Post Number: 11241
Registered: 02-2008
Posted From: 159.45.71.16

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:57 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:

nee restaturante lo employees ki pay chese salaries, rest rent annni same.......... ee groupon vadilite 100*20 = $2000 extra business u will get in 2-3 days


nuvvu maree baasu..$10 worth food cost only $1.50 aa ? ala aithe mr.hyd 1 yr lo millionaire anna maata..
Top of pagePrevious messageNext messageBottom of page Link to this message

Hero
Side Hero
Username: Hero

Post Number: 4668
Registered: 09-2009
Posted From: 38.101.193.194

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:54 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:




OT annai..Manchi coupon/deals android apps list ettu...thx
Top of pagePrevious messageNext messageBottom of page Link to this message

Dreamcatcher
Side Hero
Username: Dreamcatcher

Post Number: 5372
Registered: 11-2009
Posted From: 208.86.145.68

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:51 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mrhyderabad:

people buy 5 visits groupon than 3 visits :-) Bcoz 5 visit deal gives 2% more discount :-)




do they have stats for 1 visit vs. 3 visits vs. 5 visits? I am thinking there will be drastic drop in numbers between 1 visit vs. 3/5 visits.
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136491
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:50 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mrhyderabad:

biz owners have to pay for such marketing material and publishing cost etc

For groupon, there is no upfront cost




100 print coupons cost $5 ( just for ease of calculation aprox)
100 groupons will cost you $200 or more
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136490
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:48 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mrhyderabad:

Ans as per stats, 10-20% don't use their multi-visit groupons...just like gift cards.



they will comeback to u after expiry and request if u could still honor it..and obviously u will say no....and obviously u got one hate customer

samjhE !!


do fair business...offer real deal....dont be tricky

exclusions, fineprint kitakitalu pedite customers will do same
Top of pagePrevious messageNext messageBottom of page Link to this message

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 10390
Registered: 01-2008
Posted From: 72.73.251.164

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:48 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dreamcatcher:

at the same time, fewer people (as opposed to single groupon deal)will be buying kada?


people buy 5 visits groupon than 3 visits :-) Bcoz 5 visit deal gives 2% more discount :-)
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
Top of pagePrevious messageNext messageBottom of page Link to this message

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 10389
Registered: 01-2008
Posted From: 72.73.251.164

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:45 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:

deeniki EMI teda ledhu...


biz owners have to pay for such marketing material and publishing cost etc

For groupon, there is no upfront cost
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136489
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:45 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Rebel:

ikkada desis look for groupon deals for konni rest..groupon lekapothe tokka kooda vellaru aa rest ki..malli tirigi rani customers ki groupon enduku bokka




adhe wrong .... nee restaturante lo employees ki pay chese salaries, rest rent annni same.......... ee groupon vadilite 100*20 = $2000 extra business u will get in 2-3 days


dont count menu rates........just food raw ingredient cost $500 kuda undadhu aa xtra $2000 ki








so....repeat customers lekapoina u can make $1500 with groupon
Top of pagePrevious messageNext messageBottom of page Link to this message

Dreamcatcher
Side Hero
Username: Dreamcatcher

Post Number: 5371
Registered: 11-2009
Posted From: 208.86.145.68

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:45 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mrhyderabad:

Ans as per stats, 10-20% don't use their multi-visit groupons...just like gift cards.




at the same time, fewer people (as opposed to single groupon deal)will be buying kada?
Top of pagePrevious messageNext messageBottom of page Link to this message

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 10388
Registered: 01-2008
Posted From: 72.73.251.164

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:43 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:

groupon is a tool to get customers whom otherwise never come to u


again righto.. Mine is a new brand.. So some people might be hesitant to try it.. this gives them an opportunity to try it

And creates huge awareness in the area

Also, i am creating a deal with multiple visits. i.e, 3 groupons or 5 groupons package deal.. but they can only use 1 groupon per visit.

I am excluding the drinks from the deal.. so if customers buys drinks with the food then it is additional sales.

Ans as per stats, 10-20% don't use their multi-visit groupons...just like gift cards.
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136488
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:43 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

groupon is age old business model in USA...paper coupons, VALPAK lu, moneysaver mailers ki deeniki EMI teda ledhu...

difference is groupon takes GREATER CUT of business owner money

+ve is , with advent of smartphones, coupons are reaching to the customers without miss

papermailers manam open kuda cheyyam... old gen middle class americans paper cuttings meedane batikesevaru...ippatike 0.25 cents , 0.50 cents coupons kuda careful ga cut chesukocehvanni stores lo chusthe aascharyam vestundhi


bottomline : Business model AGES OLD , MEDIA to reach consumers NEW, busienss owner ki bokka HIGH
Top of pagePrevious messageNext messageBottom of page Link to this message

Rudraksha
Side Hero
Username: Rudraksha

Post Number: 2715
Registered: 07-2012
Posted From: 70.181.57.58

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:43 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Gochi:

Business growing and partner companies ki profit ok...kaani asalu Groupon/Amazon companies ey profits earn cheyyakapothe how will they survive...kummukunnantha kaalam salaries/bonuses kummukuni chivariki bankruptcy declare chesi dobbuthaaremo...




Manaki business grow avutada leda ade point. Groupon stock lo manamu invest cheyatledu kada. groupon close cheste inkoti vastadi, malli andulo advertise chestamu. who cares what happens to groupon, all we care is our business.
Top of pagePrevious messageNext messageBottom of page Link to this message

Rebel
Hero
Username: Rebel

Post Number: 11239
Registered: 02-2008
Posted From: 159.45.71.16

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:41 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

most of the time local buiness ki bokka unless ur food is super good n cheap..
ikkada desis look for groupon deals for konni rest..groupon lekapothe tokka kooda vellaru aa rest ki..malli tirigi rani customers ki groupon enduku bokka
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136487
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:38 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mrhyderabad:


endukanta lengthy explanation ?

business owner will issue the groupon discount % in a such way that he has "wafer thin profit" instead of "Profit"

esp restaurants, massage centres ye untaayi ads...coz of their original HIGH profits
Top of pagePrevious messageNext messageBottom of page Link to this message

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 10387
Registered: 01-2008
Posted From: 72.73.251.164

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:37 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:

groupon is Easiest , inexpensive way to reach your local community...


BINGO !

Good platform to create awareness in the local community at no additional cost

If your food is excellent and you need to drive volume to bring people in to try the food.. groupon is best solution.

We should be confident that people would come back for sure once they try our food.
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
Top of pagePrevious messageNext messageBottom of page Link to this message

Bunty717
Moderator
Username: Bunty717

Post Number: 37914
Registered: 02-2008

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:35 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:

groupon is a tool to get customers whom otherwise never come to u )due to non-affordability )..its xtra business to u...on top of ur regular & non-coupon customers


idi correct point..

ee amru dosa may not be my kind of food.. but because of groupon nen bhi try chestaanu.. ee amru dosaa elaa untaaado ani..
Top of pagePrevious messageNext messageBottom of page Link to this message

Thelegend
Moderator
Username: Thelegend

Post Number: 27455
Registered: 04-2008

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:34 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Sometimes the deals are sold out
Meaning I guess you can set a limit to sell maximum of 1000 or whatever number of groupons
Top of pagePrevious messageNext messageBottom of page Link to this message

Dreamcatcher
Side Hero
Username: Dreamcatcher

Post Number: 5370
Registered: 11-2009
Posted From: 208.86.145.68

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:33 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:

adhi kuda cheyyalenappudu BUSINESS vaadi service/quality lone fault unnattu




it is not about quality/service...these are small businesses, people won't patronize them on regular basis, if you want coffee, you go into the next coffee shop you see, you don't wait to go to the coffee shop that offered a groupon deal...that is the nature of this business. Hyder's business is exclusion, you do not see many creep's places around, so it may work out for him.
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136486
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:33 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

groupon is a tool to get customers whom otherwise never come to u )due to non-affordability )..its xtra business to u...on top of ur regular & non-coupon customers
Top of pagePrevious messageNext messageBottom of page Link to this message

Maharshi
Side Hero
Username: Maharshi

Post Number: 3264
Registered: 02-2008
Posted From: 170.146.220.22

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:33 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:

vachina customers lo 20% repeat ayina chaalu...adhi kuda cheyyalenappudu BUSINESS vaadi service/quality lone fault unnattu




yes vachina 10 customers groupon lo chudabatte vacharu ...vallallo next time 2 members ki anna deal lekapoina parledu tineddam anukoni tempt ayye vallu untaru ..vallani catch cheyalekapothe adi food/restaurent problem . 10 lo malli evaranna frnds ki chepthe bavundi velalmani adoka chain ..so definitely for owners also worth trying for sure
Top of pagePrevious messageNext messageBottom of page Link to this message

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 10386
Registered: 01-2008
Posted From: 72.73.251.164

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:31 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Ok, here is a simple example that will explain the biz model:

Restaurant - Burger joint

Regular prices:

Some Burger - 6.00
Fries - 2.00
Soda - 2.00

Total - 10 dollars

Now groupon tells them, they can offer a combo deal for 4.50 (burger, fries, drink).. So customer gets 5.50 discount.. i.e 55% off

Customer is happy.

Let's look at what happens behind the door.

Customer pays 4.50. Groupon takes 40-50% of that.. So groupon gets 2.00 or 2.25 per every groupon purchase. Biz owner gets 2.25 or 2.50.

Doesn't sound very profitable for biz owner - but groupon deal is structured in such a way that, your food cost is covered and you make small profit on every purchase.

Say for 10.00 combo deal, food cost is 15% i.e 1.50.

Restaurant still makes .75 to 1.00

It is not much but it drives traffic, new customers, over spending.

Customers can only use one groupon per visit. So if they come with a family, they have to pay regular price for remaining people. So that's over spend..

As someone said, good for new business or someone who needs volume.

Most of the time they sell 2000-5000 groupons for good deal. Above example is very small. Most of the time groupon gets 3-4 dollars per groupon. Imagine how much money Groupon makes on the volume by just posting an ad.
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136485
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:31 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dreamcatcher:

. Major complaint from small business owners is, the sales growth won't sustain in the long run after the deal is past.




aa mastaaruuuuuuuuuu....growth sustain ela untundandii reduction amount ki vachinantha mandhi ?? Growth mana quality ni batti vastundhi once get introduced...
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136484
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:29 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Andhrawala:

customer is deal sensitive and he is not loyal to comeback without deal



thats wrong...

vachina customers lo 20% repeat ayina chaalu...adhi kuda cheyyalenappudu BUSINESS vaadi service/quality lone fault unnattu
Top of pagePrevious messageNext messageBottom of page Link to this message

Saint
Megastar
Username: Saint

Post Number: 28804
Registered: 01-2011
Posted From: 12.22.163.132

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:27 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

publicity / marketing ki tappa adhi brokka ani nenu anukuntunna..

deal lo 50% off isthav...neeku vache 50% lo groupon vaadu 50% nokkesthadu...technically u will be getting only 25% of the actual listed price..its good for customers...


u can try once
Top of pagePrevious messageNext messageBottom of page Link to this message

Dreamcatcher
Side Hero
Username: Dreamcatcher

Post Number: 5369
Registered: 11-2009
Posted From: 208.86.145.68

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:27 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mrhyderabad:




Hyder,

I have read few of case studies like these in the news on and off...look into them before tying up with groupon. Major complaint from small business owners is, the sales growth won't sustain in the long run after the deal is past.

http://techcrunch.com/2011/06/09/groupon-single-worst-decisi on/
Top of pagePrevious messageNext messageBottom of page Link to this message

Andhrawala
Megastar
Username: Andhrawala

Post Number: 29395
Registered: 03-2008
Posted From: 152.51.56.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mrhyderabad:

Any regular groupon customers here?




bought many times

customer gets a chance to try new restaurant food at discount price which he otherwise may not try

My freind a prev restaurant owner feels its drain for the vendor who sells groupon

customer is deal sensitive and he is not loyal to coemback without deal

thats teh problem with groupon bus model
No Signature
Top of pagePrevious messageNext messageBottom of page Link to this message

Man_of_masses
Megastar
Username: Man_of_masses

Post Number: 23431
Registered: 01-2008
Posted From: 198.175.154.213

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:

if u repeat it twice, consumer will look/wait ONLY for groupon and also they think that your original price was not worth....and u r only groupon worth price



as a consumer thats what my mindset abt all my local business



http://i42.tinypic.com/54g1g2.png
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136483
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

groupon is Easiest , inexpensive way to reach your local community...

Just introduce yourself ONLY once..if u repeat, u r gone
Top of pagePrevious messageNext messageBottom of page Link to this message

Jp_rocks
Moderator
Username: Jp_rocks

Post Number: 16570
Registered: 06-2009

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:24 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

COKE - Groupon includes some really good deals...latest ga oka PMP Training program (regular price $1000) undedi just $99 ki ochindi
Top of pagePrevious messageNext messageBottom of page Link to this message

Thelegend
Moderator
Username: Thelegend

Post Number: 27454
Registered: 04-2008

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:23 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

I dont think businesses choose groupons to make any money off off groupin deals, just exposure and new customer base
Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136482
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:23 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mrhyderabad:




Blindly go for groupon...u will be surprised to see sudden surge in business....As an indroductory fastfood vendor....u give it once

if u repeat it twice, consumer will look/wait ONLY for groupon and also they think that your original price was not worth....and u r only groupon worth price



as a consumer thats what my mindset abt all my local business
Top of pagePrevious messageNext messageBottom of page Link to this message

Rockstar
Junior Artist
Username: Rockstar

Post Number: 387
Registered: 09-2009
Posted From: 76.112.228.50

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:21 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Mr Hyderabad:

Many of the restaurant consultants do not recommend Groupon.
I tried them couple of times and my experience is The Coupon crowd will
never return and they do not spend more than their deal.

If your business is new and try them once and negotiate hard.
Top of pagePrevious messageNext messageBottom of page Link to this message

Jalsa
Megastar
Username: Jalsa

Post Number: 21180
Registered: 02-2008
Posted From: 159.53.110.143

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:21 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

post cheyi, may be a opportunity to invest
Top of pagePrevious messageNext messageBottom of page Link to this message

Gochi
Comedian
Username: Gochi

Post Number: 1107
Registered: 12-2006
Posted From: 8.7.228.252

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:20 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Rudraksha:

partners ki profit vastunda leda? business grow avutunda leda adi important.




Business growing and partner companies ki profit ok...kaani asalu Groupon/Amazon companies ey profits earn cheyyakapothe how will they survive...kummukunnantha kaalam salaries/bonuses kummukuni chivariki bankruptcy declare chesi dobbuthaaremo...

Top of pagePrevious messageNext messageBottom of page Link to this message

Onlytruth
Legend
Username: Onlytruth

Post Number: 136481
Registered: 01-2007
Posted From: 69.25.144.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:20 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

LivingSocial will bankrupt soon !
Groupon will sustain for a while, for now heavy losses

out of all above business model websites : groupon is #1

longtime customer of all above
Top of pagePrevious messageNext messageBottom of page Link to this message

Bongaram
Side Hero
Username: Bongaram

Post Number: 8758
Registered: 04-2013
Posted From: 103.245.47.20

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:19 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Groupon lo okkosari genuine discounts untayi. but nenu aa fake discounts ni cross check chesta ebay lanti sites lo
Top of pagePrevious messageNext messageBottom of page Link to this message

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 10385
Registered: 01-2008
Posted From: 72.73.251.164

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:18 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Cocanada:

GROUPON businesses increase the rate 1.5 times and give 50% discount


that's what i thought. May be true in some cases but not all.. groupon has strict criteria to approve the deals with real prices rather than inflated prices. And for food, they won't publish or accept the deal if you don't offer at least 50% or more
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
Top of pagePrevious messageNext messageBottom of page Link to this message

Rudraksha
Side Hero
Username: Rudraksha

Post Number: 2714
Registered: 07-2012
Posted From: 70.181.57.58

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Gochi:

ivanni mari longterm lo profitable emo kaani as of now they are posting losses every year..including amazon...never they earned profit till date




partners ki profit vastunda leda? business grow avutunda leda adi important.
Top of pagePrevious messageNext messageBottom of page Link to this message

Gochi
Comedian
Username: Gochi

Post Number: 1106
Registered: 12-2006
Posted From: 8.7.228.252

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:15 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Business model indulo undi guravesh...

http://en.wikipedia.org/wiki/Groupon

ivanni mari longterm lo profitable emo kaani as of now they are posting losses every year..including amazon...never they earned profit till date
Top of pagePrevious messageNext messageBottom of page Link to this message

Thelegend
Moderator
Username: Thelegend

Post Number: 27453
Registered: 04-2008

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:15 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

I bought bunch of groupons

Startups use chestaru ekkuva and obviously not established businesses As much

I guess they take some %?
Top of pagePrevious messageNext messageBottom of page Link to this message

Botsa_fan
Comedian
Username: Botsa_fan

Post Number: 1823
Registered: 07-2013
Posted From: 158.48.133.2

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:15 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Please post these details mama.
Jai indiramma,Jai Uttarandhra,Jai Botsa.
Top of pagePrevious messageNext messageBottom of page Link to this message

Cocanada
Legend
Username: Cocanada

Post Number: 45381
Registered: 01-2008
Posted From: 168.244.164.254

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:14 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

apart from restaurant deals, i feel most of the time, GROUPON businesses increase the rate 1.5 times and give 50% discount
Top of pagePrevious messageNext messageBottom of page Link to this message

Ustad
Hero
Username: Ustad

Post Number: 16110
Registered: 07-2008
Posted From: 98.148.138.174

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:13 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mrhyderabad:

Will be happy to post some details if anyone is interested..


Please do
The only disability in life is a bad attitude - Scott Hamilton
Top of pagePrevious messageNext messageBottom of page Link to this message

Man_of_masses
Megastar
Username: Man_of_masses

Post Number: 23430
Registered: 01-2008
Posted From: 198.175.154.213

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:13 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mrhyderabad:

Always thought they never carry real deals



same ditto to ditto mattress amazon lo queen 399 unde

same mattress groupon lo King 249 ki vachindi

nenu chaalane konna

oral b brush heads $12 ki 12 vachai (orignal oral b kaadu.. but chala bagunnai) bayata oral-b orginal $4 each
http://i42.tinypic.com/54g1g2.png
Top of pagePrevious messageNext messageBottom of page Link to this message

Guru
Side Hero
Username: Guru

Post Number: 6427
Registered: 05-2009
Posted From: 199.67.140.46

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:11 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

pls post annai..want to know their business model
Top of pagePrevious messageNext messageBottom of page Link to this message

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 10384
Registered: 01-2008
Posted From: 72.73.251.164

Rating: N/A
Votes: 0 (Vote!)

Posted on Wednesday, March 05, 2014 - 12:10 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Any regular groupon customers here?

I have only read about groupon in news until yesterday.. Never actually bought any groupons. Always thought they never carry real deals.. I was so wrong.

Yesterday i met with Groupon team to partner with our Crepes store to launch a groupon deal for new location and i was surprised to understand business model of Groupon.

They make ton of money by just posting a deal on the website. I am not sure why they are not as valued as other social network sites etc

Will be happy to post some details if anyone is interested..

retail biz lo vunna DBers should definitely consider groupon deal to generate volume or to spread the word
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein

Add Your Message Here
Post:
Bold text Italics Underline Create a hyperlink Insert a clipart image HASH(0x9aad434){Movie Clipart}
Show / hide regular icons selection options

Click on following links to open cliparts by Alphabetical Order

 A   B   C   D   E   F   G   H   I   J   K   L   M  

 N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Show / Hide Filmy icons selection options

Click on following links to open cliparts by Alphabetical Order

 A   B   C   D   E   F   G   H   I   J   K   L   M  

 N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Username: Posting Information:
This is a public posting area. Enter your username and password if you have an account. Otherwise, enter your full name as your username and leave the password blank. Your e-mail address is optional.
Password:
E-mail:
Options: Enable HTML code in message
Automatically activate URLs in message
Action: